Premier Brokers International
7244 E Lago Drive, Coral Gables, FL 33143
ActiveMLS listing sourceMIAMI REALTORS® MLS
ActiveMLS® A12022575
$5,999,999

7244 E Lago Drive, Coral Gables, FL 33143

Beds
5
Baths
4
Sqft
4,785
Est. payment$36,938/mo
Home type
Single Family Residence
Year built
1982
Lot size
14,810 sqft
Price / sqft
$1,254
HOA
$600/mo
Community
COCOPLUM SEC 2 PLAT B

Property description

Located within the prestigious Islands of Cocoplum community in Coral Gables, the waterfront property represents a prime redevelopment opportunity. The existing residence is being offered for land value, providing developers or end users the chance to build a custom estate in one of South Florida’s most exclusive waterfront enclaves. Walking distance to private Clubhouse and amenities (tennis courts, basketball court, volleyball court, fitness center, playground and swimming pool). One time membership fee for new owners of $50,000.00. This sale is in connection with a Bankruptcy sale and is subject to court approval. The property is being sold “As-Is, Where-Is” with no representations, warranties, or guarantees of any kind, whether expressed or implied, by Trustee Realty. Buyers are responsible for conducting their own independent due diligence. Listing is subject to errors and omissions.

Listing activity

Days on market
122
Listed
May 22, 2026
MLS listing updated
Sep 21, 2026
Feed last checked
2 minutes ago

Listed by Jason A Welt · Trustee Realty Inc.

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms
5
Bathrooms
4
Bathrooms (decimal)
4
Full bathrooms
4
Half bathrooms
0

Rooms & features

Rooms
1
Flooring
Other
Appliances
Other
Other equipment
Other

Heating & cooling

Heating
Electric
Cooling
Electric
Property

Parking

Garage spaces
2
Garage
Yes
Covered spaces
2
Parking features
Circular Driveway, Driveway
Attached garage
No

Exterior

Stories
2
Building area
6,122 sqft
Entry level
1
Patio & porch
Patio
Exterior features
Other
Pool
Yes
Pool features
In Ground
View
Direct Ocean, Canal, Pool
Waterfront
Other, Ocean Access, Canal Front
Waterfront property
Yes

Lot

Lot size
14,810 sqft
Lot size (acres)
0.34 acres
Zoning
0100
Construction

Type & style

Home type
Single Family Residence
Year built
1982
New construction
No

Materials

Construction
Block
Roof
Shingle
Property condition
Resale
Levels
Two
Faces
Northeast
Utilities & green energy

Utilities

Sewer
Public Sewer
Water
Public
Community & HOA

Community

Subdivision
COCOPLUM SEC 2 PLAT B
MLS area
2410
Security
Security Patrol
55+ community
Yes

Association

Has association
Yes
Association fee
$1,800 quarterly
Estimated monthly dues
$600
Amenities
Security, Gated, Pool, Clubhouse, Tennis Court(s), Other
Lease details

Not reported by the listing source.

Location

Area details

City
Coral Gables
County
Miami-Dade
ZIP code
33143
Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number
A12022575
Possession
Close Of Escrow
Original list price
$5,999,999
Parcel number
0341320250220
Annual property tax
$26,466
Tax year
2025
Tax legal description
COCOPLUM SEC 2 PLAT B PB 115-84 LOT 22 BLK 13 LOT SIZE 14700 SQ FT OR 12300-1797 1183 1
Additional MLS details

Reported by the listing source

Association Amenities
Security, Gated, Pool, Clubhouse, Tennis Court(s), Other
Association Fee Frequency
Quarterly
Association
Yes
Bathrooms Total Decimal
4
Bathrooms Total Integer
4
Building Area Total
6122
Construction Materials
Block
County Or Parish
Miami-Dade
Days On Market
122
Direction Faces
Northeast
Elementary School
Sunset
High School
Coral Gables
List Price
5999999
Listing Contract Date
2026-05-22
Living Area
4785
Lot Size Acres
0.34
Lot Size Area
14700
MLSArea Major
2410
Middle Or Junior School
Ponce De Leon
Mls Status
Active
On Market Date
2026-09-21
Patio And Porch Features
Patio
Photos Count
9
Postal Code
33143
Property Sub Type
Single Family Residence
Property Type
Residential
Rooms Total
1
Security Features
Security Patrol
Senior Community
Yes
Standard Status
Active
State Or Province
FL
Status Change Timestamp
2026-09-21T05:15:40Z
Stories Total
2
Subdivision Name
COCOPLUM SEC 2 PLAT B
Water Source
Public
Waterfront Features
Other, Ocean Access, Canal Front
Tax Annual Amount
26466
Bathrooms Full
4
Pool Private
Yes
Bedrooms Total
5
Bathrooms Half
0
General Property Information: Senior Community
Yes
Financial Information: Estimated Monthly Assoc Recurring Fee
600
Financial Information: Membership Fee Required
Yes

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
May 22, 2026ListedMIAMI REALTORS® MLS$5,999,999$1,254/sqft

Public tax history

YearProperty taxesAssessment
2025$26,466—

Payment calculator

Estimated monthly payment$36,938/moIllustrative estimate, not a loan offer.
Principal & interest
$31,133
Property taxes
$2,206
Insurance
$3,000
Association dues
$600

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

COCOPLUM SEC 2 PLAT B

Coral Gables · Miami-Dade County · 33143

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.

Nearby homes

12 homes

Similar homes

12 homes
MLS listing source

MIAMI REALTORS® MLS · Listing courtesy of Trustee Realty Inc.. 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.