33
  • Type
  • Condominium
  • 3
  • Bedrooms
  • 3.5
  • Bathrooms
  • 2
  • Garages
  • 2972 Sq Ft
  • Area Size
13621 Deering Bay Dr # 502, Coral Gables FL 33158 | Miami-Dade County | A11829750
  • $2,350,000

Description

Wonderful condo in Exclusive guard-gated community of Deering Bay. Most desirable Milano Building 02 line with spectacular city, golf course and pool views. 3 ensuite bedrooms, guest bath, Marble floors and carpet in the bedrooms, impeccably maintained. This home in the sky boasts a private elevator entry foyer, ten foot ceilings, unit and surround sound, granite kitchen with island and Thermador appliances. NEW HURRICANE IMPACT DOORS (2024) and impact Windows. Newest building in the community with gracious lobby, social room, pool and bbq, hotel guest suite and fitness room. Two assigned parking spots #34 & 35, Golf Cart spot 10 and storage unit 25. Milano Assoc Fee $8589.91 quarterly and Master Association $781.19 quarterly. Boat slip available separately owner will assist. Assessment info contact agent

Property Overview

This is a 3-bedroom, 3.5-bath condominium of about 2972 square feet at 13621 Deering Bay Dr # 502, Coral Gables FL 33158 (Coral Gables 33158), listed at $2,350,000.

Monthly Costs, Stated Plainly

The monthly HOA fee is $2,863.

The tax of record is $17,224 (2024). As an ESTIMATE ONLY — Florida reassesses at sale — at this price and a Miami-Dade rate near 2.0%: without homestead, about $47,000/yr (≈ $3,917/mo); with the homestead exemption on a primary residence, about $46,000/yr (≈ $3,833/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 unit at 13621 Deering Bay Dr # 502 is listed at $2,350,000 and is unfurnished. Fixtures and built-in appliances convey with the home; community amenities including barbecue areas, bike storage, a bike/jog path, clubhouse, elevators, exercise room, a golf purchase requirement, heated pool, marina, other membership options, pool, spa/hot tub, and trash chutes are shared HOA features that do not convey. Contact Christopher Lazaro, Coral Gables Real Estate Realtor, to verify specific inclusions.

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

This property sits at 13621 Deering Bay Dr #502, Coral Gables FL 33158, within the city's coastal corridor. It is listed for $2,350,000 with 3 bedrooms, 3.5 bathrooms, and approximately 2,972 square feet. Contact Christopher Lazaro, Coral Gables Real Estate Realtor, to verify location specifics.

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

The monthly HOA fee for this unit is $2,863, covering all amenities, building exterior, common area, elevator, insurance, landscaping and lawn maintenance, manager, outside maintenance, pool service, reserve fund, security, and water. The community operates under Coral Gables city ordinances, accessible at https://library.municode.com/fl/coral-gables/codes/code_of_ordinances. Contact Christopher Lazaro, Coral Gables Real Estate Realtor, to verify current fee coverage and details.

What are the property taxes and homestead implications?

The tax of record for 2024 is $17,224. Florida reassesses at sale, so as an estimate only, at the listed price of $2,350,000 and a Miami-Dade rate near 2.0%, annual taxes would be about $47,000 (approximately $3,917 per month) without homestead or about $46,000 (approximately $3,833 per month) with homestead; the homestead exemption lowers taxable value only for a primary residence. These are estimates, not quotes. Contact Christopher Lazaro, Coral Gables Real Estate Realtor, for verification.

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

Flood zones indicate areas with different flood risks as defined by FEMA; review their FEMA definitions for clear explanations. Check this property's specific zone by viewing the FEMA flood map for this address. Lenders typically require flood insurance in high-risk zones. Contact Christopher Lazaro, Coral Gables Real Estate Realtor, to verify the flood status for 13621 Deering Bay Dr # 502.

Are pets allowed?

Pets are allowed. If a documented service animal or ESA is involved, separate federal accommodation rules can apply. Contact Christopher Lazaro, Coral Gables Real Estate Realtor, to verify the current association rules.

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

The current Miami-Dade condo market shows sales closing at 94% of list price with an average of 64 days on market (MIAMI REALTORS®, May 2026). This property's $2,350,000 listing reflects a Comparative Market Analysis specific to the Deering Bay Dr building and Coral Gables vicinity. I recommend reviewing a Coral Gables-specific CMA before setting an offer. Contact Christopher Lazaro, Coral Gables Real Estate Realtor, to verify the latest market data.

What financing step do you recommend before touring?

Secure pre-approval with a licensed Florida mortgage professional before touring. This prevents wasted time on properties beyond your budget, such as the $2,350,000 listing at 13621 Deering Bay Dr # 502. Contact Christopher Lazaro, Coral Gables Real Estate Realtor, to confirm your pre-approval status.

Monthly Fees & Carrying Costs

Association Fee $8,589 / quarter ($2,863/mo)
Condo Maintenance Fee $781 / quarter ($260/mo)
Total Monthly Fees $3,123 / month

Fees with a non-monthly frequency are converted to a monthly equivalent in the total.

  • Membership Required: No
  • Application Fee: $150 (one-time)

Have a question about this Coral Gables listing?

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

  • Address: Deering Bay Dr
  • City: Coral Gables
  • State/county: Miami-Dade County
  • Zip/Postal Code: 33158
  • Area: MILANO AT DEERING BAY CON

Details

Updated on June 15, 2026 at 7:41 am
  • Property ID A11829750
  • Price $2,350,000
  • Property Size 2972 Sq Ft
  • Bedrooms 3
  • Room 0
  • Bathrooms 3.5
  • Garages 2
  • Year Built 2003
  • Type Condominium
  • Property Status Active, Residential

Additional details

  • Flooring Carpet, Marble
  • Bedroom Features Entry Level, Other, Primary Bedroom Ground Level
  • Cooling Ceiling Fan(s), Central Air
  • Association Type Condo
  • Building DEERING BAY
  • Association Fee Frequency Quarterly
  • Area Milano At Deering Bay Con
  • Annual Tax 17224
  • Maintenance Fee Paid Per Quarterly
  • Association Yes
  • Private Pool No
  • Listing Terms All Cash, Conventional
  • Waterfront No
  • Full Bathrooms 3
  • Subdivision MILANO AT DEERING BAY CON
  • Total Stories 13
  • Restrictions Exterior Alterations, Okay To Lease 1st Year, Other Restrictions
  • Parking 2 Or More Spaces, Assigned, No Rv/Boats, No Trucks/Trailers
  • Heating Central, Other
  • Structure Type Condo 5+ Stories, Condo
  • Tax Year 2024
  • Construction CBS Construction, Other
  • Building Area 2972
  • Covered Spaces 2
  • Unit Floor 5
  • View Golf View, Pool Area View, Skyline
  • Year Built Details Resale
  • Pets Allowed Yes
  • Attached Yes
  • Unit Number 502
  • Inclusions Deeded Dock,Dock Available,Other, Dock Available,Marina
  • Half Bathrooms 1
  • Flood Zone AE
  • New Construction No
  • Garage Spaces 2
  • Style Condo 5+ Stories
  • Association Fee 8589
  • Lot Size (Sq Ft) 0
  • Membership Purchase Required No

Mortgage Calculator

Schedule a Tour

Tour Type

Contact Information

View Listings
Christopher Lazaro

Enquire About This Property

0 Review

Sort by:
Leave a Review

Leave a Review

Compare listings

Compare