12991 Lerida St, Coral Gables FL 33156 | Miami-Dade County | A11992035
  • $6,900,000

Description

GORGEOUS GATED WATERFRONT ESTATE in Gables By The Sea. This stunning 2 story 4 Bed / 4.5 Bath home offers the ultimate luxury lifestyle with no bridges to the bay a true boater’s paradise. Featuring a 100’ reconstructed seawall, 9’ draft and direct ocean access, this property is built for waterfront living.
Step inside to soaring 12’ ceilings and a breathtaking 14’ ceiling in the grand room, elegant 24” marble floors, a grand staircase, and exquisite Brazilian wood doors. Enjoy impact windows and expansive 10’ sliding glass doors that flood the home with natural light.
The gourmet kitchen features premium appliances, granite counters and custom cabinetry, perfect for entertaining. Elevate your lifestyle with a private club room featuring a full bar, private bathroom and VIP entertainment space overlooking the pool and dock, a true showpiece.
Step outside to your private oasis with a saltwater system pool, summer kitchen and expansive deck. The luxurious primary suite offers a sitting area, spa style bath, walk in closets, private office and terrace.
Additional highlights include pool bath, media room, 4 A/C zones, 2 central vacuums, 2 car A/C garage and full exterior lighting & camera system. Owner built with no expense spared crafted for comfort, quality and lifestyle.

Property Overview

This is a 4-bedroom, 4.5-bath home of about 3668 square feet at 12991 Lerida St, Coral Gables FL 33156 (Coral Gables 33156), listed at $6,900,000.

Monthly Costs, Stated Plainly

This home has no mandatory HOA (single-family / no association on record).

The tax of record is $36,745 (2025). As an ESTIMATE ONLY — Florida reassesses at sale — at this price and a Miami-Dade rate near 2.0%: without homestead, about $138,000/yr (≈ $11,500/mo); with the homestead exemption on a primary residence, about $137,000/yr (≈ $11,417/mo). Confirm with the Miami-Dade Property Appraiser and a tax professional — these are estimates, not quotes.

Frequently Asked Questions

What is the list price, and what typically conveys with a home like this?

The list price for 12991 Lerida St is $6,900,000. The home is sold unfurnished, though fixtures and built-in appliances convey. The sale includes the heated, fenced, in-ground concrete pool and its equipment.

These assets differ from shared community amenities, which are confirmed upon request. Contact Christopher Lazaro, Coral Gables Real Estate Advisor, to verify these details.

Where exactly is it, and what should I know about the location?

The property is located at 12991 Lerida St, Coral Gables FL 33156, situated within the coastal corridor of Coral Gables 33156. This location provides direct access to the city's primary infrastructure and nearby shoreline.

Contact Christopher Lazaro, Coral Gables Real Estate Advisor, to verify specific site details.

What are the HOA / association fees, and what do they cover?

There is no mandatory HOA or association on record for this single-family home. The owner is responsible for all utilities and property upkeep. The property remains subject to city ordinances, which can be reviewed at https://library.municode.com/fl/coral-gables/codes/code_of_ordinances.

Contact Christopher Lazaro, Coral Gables Real Estate Advisor, to verify these details.

What are the property taxes and homestead implications?

The tax of record is $36,745 (2025). As an ESTIMATE ONLY, Florida reassesses at sale; at this price and a Miami-Dade rate near 2.0%, the estimate is about $138,000/yr (≈ $11,500/mo) without homestead, or about $137,000/yr (≈ $11,417/mo) with the homestead exemption. Florida's homestead exemption lowers taxable value only for a primary residence.

Confirm with the Miami-Dade Property Appraiser and a tax professional, as these are estimates, not quotes. Contact Christopher Lazaro, Coral Gables Real Estate Advisor, to verify these figures.

Is the home in a flood zone, and what does that mean?

Flood zones categorize areas by their risk of flooding, as defined in the FEMA glossary. Lenders often require flood insurance for properties located in high-risk zones. View the FEMA flood map for this address to see the specific designation for 12991 Lerida St.

Contact Christopher Lazaro, Coral Gables Real Estate Advisor, to verify these details.

Are pets allowed?

As a single-family home, 12991 Lerida St has no HOA board to dictate pet rules. Pets are permitted at the owner's discretion, subject to city and county ordinances or any active lease. Documented service animals and ESAs carry separate federal protections.

Contact Christopher Lazaro, Coral Gables Real Estate Advisor, to verify specific details.

How is the price set and is there room to negotiate?

Miami-Dade single-family homes have recently been closing at 95% of original list, around 41 days to contract (MIAMI REALTORS®, May 2026). The $6,900,000 list price for 12991 Lerida St is derived from a Comparative Market Analysis (CMA) of similar properties in the immediate vicinity.

I will provide a Coral Gables-specific CMA to ensure your offer is precise. Contact Christopher Lazaro, Coral Gables Real Estate Advisor, to verify these figures.

What financing step do you recommend before touring?

Secure a pre-approval before touring 12991 Lerida St to ensure your budget aligns with the $6,900,000 list price. You should seek the advice of a Florida Licensed Mortgage Loan Officer to establish your buying power.

Contact Christopher Lazaro, Coral Gables Real Estate Advisor, to verify these details.

Monthly Fees & Carrying Costs

  • Membership Required: No

Have a question about this Coral Gables listing?

Talk directly with Christopher Lazaro, your Coral Gables real estate advisor. No pressure — real answers.

  • Address: Lerida St
  • City: Coral Gables
  • State/county: Miami-Dade County
  • Zip/Postal Code: 33156
  • Area: CORAL BAY SEC C, Gables By The Sea

Details

Updated on June 12, 2026 at 7:16 pm
  • Property ID A11992035
  • Price $6,900,000
  • Property Size 3668 Sq Ft
  • Bedrooms 4
  • Room 1
  • Bathrooms 4.5
  • Garages 2
  • Year Built 2008
  • Type Single Family Residence
  • Property Status Active, Residential

Additional details

  • Flooring Marble, Wood
  • Waterfront Features Ocean Access, Canal Front, No Fixed Bridges, Seawall
  • Bedroom Features At Least 1 Bedroom Ground Level, Entry Level, Sitting Area - Primary Bedroom
  • Cooling Ceiling Fan(s), Central Air
  • Association Type None
  • Building CORAL BAY SEC C
  • Area Coral Bay Sec C
  • Annual Tax 36745
  • Association No
  • Elementary School Pinecrest
  • Private Pool No
  • Listing Terms All Cash, Conventional
  • Neighborhood Gables By The Sea
  • Waterfront Yes
  • Full Bathrooms 4
  • Subdivision CORAL BAY SEC C,Gables By The Sea
  • Restrictions No Restrictions
  • Parking Circular Driveway, Paver Block, On Street
  • Heating Central
  • Structure Type House
  • Tax Year 2025
  • Construction CBS Construction
  • Building Area 4713
  • Covered Spaces 2
  • Middle School Palmetto
  • View Canal, Pool
  • Year Built Details Effective Year Built
  • High School Miami Palmetto
  • Pets Allowed Yes
  • Half Bathrooms 1
  • Flood Zone AE
  • Patio / Porch Deck, Open Balcony, Patio
  • New Construction No
  • Garage Spaces 2
  • Style WF/Pool/Ocean Access
  • Lot Size (Sq Ft) 12000
  • Membership Purchase Required No

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