Premier Brokers International
550 Marquesa Drive, Coral Gables, FL 33156
Price reducedMLS listing sourceMIAMI REALTORS® MLS
Price reducedMLS® A11967109
$30,000,000

↓ Price reduced $8,000,000 on Sep 22, 2026

550 Marquesa Drive, Coral Gables, FL 33156

Beds
6
Baths
9
Sqft
7,237
Est. payment$185,430/mo
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

Automated estimate—No licensed valuation source connected
Estimated sales range—Ask Karim for a local market analysis
Estimated rent—No licensed rental valuation source connected

Price history

DateEventPrice
Feb 26, 2026ListedMIAMI REALTORS® MLS$38,000,000$5,251/sqft
Sep 22, 2026Price reducedMIAMI REALTORS® MLS$30,000,000$4,145/sqft

Public tax history

YearProperty taxesAssessment
2024$175,695—

Payment calculator

Estimated monthly payment$185,430/moIllustrative estimate, not a loan offer.
Principal & interest
$155,664
Property taxes
$14,641
Insurance
$15,000
Association dues
$125

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

OLD CUTLER BAY SEC 4-A

Coral Gables · Miami-Dade County · 33156

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

SunsetElementary
—
Ponce De LeonMiddle
—
Coral GablesHigh
—
School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

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MLS listing source

MIAMI REALTORS® MLS · Listing courtesy of Coldwell Banker Realty. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use and may be used only to identify prospective properties they may be interested in purchasing or leasing. Terms of use · Equal Housing Opportunity.