
MIAMI REALTORS® MLS↓ Price reduced $8,000,000 on Sep 22, 2026
550 Marquesa Drive, Coral Gables, FL 33156
- Beds
- 6
- Baths
- 9
- Sqft
- 7,237
- Home type
- Single Family Residence
- Year built
- 2019
- Lot size
- 20,473 sqft
- Price / sqft
- $4,145
- HOA
- $125/mo
- Community
- OLD CUTLER BAY SEC 4-A
Property description
Elegant Coastal Mediterranean-inspired waterfront estate within the exclusive, guard-gated enclave of Old Cutler Bay in Coral Gables. Set on a 20,300 SF lot with 140 ft on a wide canal and direct, bridge-free access to Biscayne Bay, this 11,589 total SF, 6-bedroom, 7-full and 2-half bath residence is designed to feel open, airy, and truly expansive. Multiple oversized covered terraces and upper-level balconies span the façade, creating various outdoor living and dining areas ideal for grand-scale entertaining or intimate gatherings. Framed by manicured grounds, coral stone accents, and a gracious entry with koi pond, the home seamlessly blurs the line between indoors and out. The resort-caliber exterior showcases an infinity-edge saltwater pool with Baja ledge and fountain bubblers, a coral stone deck, and a fully equipped summer kitchen. An 80-foot private dock further enhances the waterfront lifestyle. Inside, a dramatic entry with soaring vertical scale and exposed beams introduces light-filled interiors finished with limestone and wood floors, custom millwork, illuminated wine cellar, elevator, and integrated smart home technology. The bespoke chef’s kitchen features custom cabinetry, a striking Blue Agate island, and premium Wolf and Sub-Zero appliances. The tranquil primary suite offers vaulted shiplap ceilings, private canal-view terraces, a spa-inspired marble bath, and couture-style dressing room—an exceptional blend of scale, comfort, and timeless waterfront luxury.
Listing activity
- Days on market
- 208
- Listed
- Feb 26, 2026
- MLS listing updated
- Sep 22, 2026
- Feed last checked
- 11 minutes ago
Listed by Judith H Zeder · Coldwell Banker Realty
Map
Map location is based on MLS-supplied coordinates. Verify the location before relying on it.
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms
- 6
- Bathrooms
- 9
- Bathrooms (decimal)
- 8
- Full bathrooms
- 7
- Half bathrooms
- 2
Rooms & features
- Rooms
- 4
- Interior features
- Built-in Features, Closet Cabinetry, Elevator, High Ceilings, Walk-In Closet(s), Wet Bar
- Flooring
- Wood, Other
- Appliances
- Dishwasher, Disposal, Dryer, Gas Range, Microwave, Oven, Refrigerator, Trash Compactor, Washer, Water Purifier, Other
- Fireplace
- Yes
- Window features
- Blinds, Drapes, Rods, Sliding
- Other equipment
- Other
Heating & cooling
- Heating
- Central, Electric
- Cooling
- Central Air, Electric
Property
Parking
- Garage spaces
- 1
- Garage
- Yes
- Covered spaces
- 1
- Parking features
- Attached, Attached Garage, Driveway, Garage, Guest
- Attached garage
- Yes
Exterior
- Stories
- 2
- Building area
- 11,589 sqft
- Entry level
- 1
- Patio & porch
- Patio
- Exterior features
- Balcony, Built-in Barbecue
- Pool
- Yes
- Pool features
- Heated, In Ground
- View
- Canal, Pool, Water
- Waterfront
- No Fixed Bridge, Canal Front
- Waterfront property
- Yes
Lot
- Lot size
- 20,473 sqft
- Lot size (acres)
- 0.47 acres
- Zoning
- 0100
Construction
Type & style
- Home type
- Single Family Residence
- Architectural style
- Mediterranean
- Year built
- 2019
- New construction
- No
Materials
- Construction
- Block, Other
- Roof
- Flat, Tile
- Property condition
- Resale
- Levels
- Two
- Faces
- North
Utilities & green energy
Utilities
- Electric
- Circuit Breakers
- Sewer
- Public Sewer
- Water
- Public
Community & HOA
Community
- Subdivision
- OLD CUTLER BAY SEC 4-A
- MLS area
- 2510
- 55+ community
- No
Association
- Has association
- Yes
- Association fee
- $1,500 annually
- Estimated monthly dues
- $125
- Amenities
- Gated, Other
- Services included
- Security
Lease details
Not reported by the listing source.
Location
Area details
- City
- Coral Gables
- County
- Miami-Dade
- ZIP code
- 33156
Manufactured home details
Not reported by the listing source.
Financial & listing details
Listing
- MLS number
- A11967109
- Possession
- Negotiable
- Original list price
- $38,000,000
- Parcel number
- 0351050090030
- Annual property tax
- $175,695
- Tax year
- 2024
- Tax legal description
- OLD CUTLER BAY SEC 4-A PB 84-6 LOT 21 BLK 3 LOT SIZE 20300 SQ FT OR 13484-3187 1187 1
Additional MLS details
Reported by the listing source
- Association Amenities
- Gated, Other
- Association Fee Frequency
- Annually
- Association Fee Includes
- Security
- Association
- Yes
- Bathrooms Total Decimal
- 8
- Bathrooms Total Integer
- 9
- Building Area Total
- 11589
- Construction Materials
- Block, Other
- County Or Parish
- Miami-Dade
- Days On Market
- 208
- Direction Faces
- North
- Elementary School
- Sunset
- High School
- Coral Gables
- List Price
- 30000000
- Listing Contract Date
- 2026-02-26
- Living Area
- 7237
- Lot Size Acres
- 0.47
- Lot Size Area
- 20300
- MLSArea Major
- 2510
- Middle Or Junior School
- Ponce De Leon
- Mls Status
- Active
- On Market Date
- 2026-09-22
- Patio And Porch Features
- Patio
- Photos Count
- 30
- Postal Code
- 33156
- Price Change Timestamp
- 2026-09-22T21:06:32Z
- Property Sub Type
- Single Family Residence
- Property Type
- Residential
- Rooms Total
- 4
- Senior Community
- No
- Standard Status
- Active
- State Or Province
- FL
- Status Change Timestamp
- 2026-09-22T21:05:49Z
- Stories Total
- 2
- Subdivision Name
- OLD CUTLER BAY SEC 4-A
- Water Source
- Public
- Waterfront Features
- No Fixed Bridge, Canal Front
- Tax Annual Amount
- 175695
- Bathrooms Full
- 7
- Pool Private
- Yes
- Bedrooms Total
- 6
- Bathrooms Half
- 2
- Financial Information: Estimated Monthly Assoc Recurring Fee
- 125
Market value
Price history
| Date | Event | Price |
|---|---|---|
| Feb 26, 2026 | ListedMIAMI REALTORS® MLS | $38,000,000$5,251/sqft |
| Sep 22, 2026 | Price reducedMIAMI REALTORS® MLS | $30,000,000$4,145/sqft |
Public tax history
| Year | Property taxes | Assessment |
|---|---|---|
| 2024 | $175,695 | — |
Payment calculator
- Principal & interest
- $155,664
- Property taxes
- $14,641
- Insurance
- $15,000
- Association dues
- $125
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Neighborhood
Area
OLD CUTLER BAY SEC 4-ACoral Gables · Miami-Dade County · 33156
Climate risk
—No licensed climate-risk source is connected.
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