13637 Deering Bay Dr # 261, Coral Gables FL 33158 | Miami-Dade County | A11979952
  • $2,100,000

Description

Rare, fully renovated designer penthouse in the prestigious Deering Bay community, featuring golf course & bay views. Every detail of this residence has been thoughtfully reimagined with the finest finishes, from freshly honed & polished marble floors in the main living areas to solid oak flooring in all bedrooms. The chef’s kitchen and custom-designed bathrooms feature sleek TrimLine cabinetry, Thermador appliances, & Calacatta Gold countertops. Julie Neill lighting by Visual Comfort, Anne Sacks tiles, & Kohler plumbing fixtures add layers of sophistication throughout. Enjoy ample closet space, designer Thibaut grasscloth wallpaper, & sunshades with plantation shutters in every room. 2x assigned parking, golf cart parking, and 1 storage.

Property Overview

This is a 3-bedroom, 3.5-bath condominium of about 2980 square feet at 13637 Deering Bay Dr # 261, Coral Gables FL 33158 (Coral Gables 33158), listed at $2,100,000.

Monthly Costs, Stated Plainly

The monthly HOA fee is $3,855.

The tax of record is $18,925 (2025). As an ESTIMATE ONLY — Florida reassesses at sale — at this price and a Miami-Dade rate near 2.0%: without homestead, about $42,000/yr (≈ $3,500/mo); with the homestead exemption on a primary residence, about $41,000/yr (≈ $3,417/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 13637 Deering Bay Dr # 261 is $2,100,000. This home is sold unfurnished, though fixtures and built-in appliances convey with the property.

Separate from the home are shared community amenities, which include a barbecue area, child play area, clubhouse-clubroom, exercise room, marina, pool, and tennis courts, with golf and other memberships available. Contact Christopher Lazaro, Coral Gables Real Estate Broker, to verify these details.

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

The property is located at 13637 Deering Bay Dr # 261, Coral Gables FL 33158, situated within the coastal corridor of Coral Gables 33158. This location places the residence near the waterfront areas of the city.

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

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

The monthly HOA fee is $3,855. This payment covers all amenities, building exterior, common area, other maintenance includes, and outside maintenance.

The community is subject to city ordinances found at https://library.municode.com/fl/coral-gables/codes/code_of_ordinances. Contact Christopher Lazaro, Coral Gables Real Estate Broker, to verify these details.

What are the property taxes and homestead implications?

The tax of record is $18,925 (2025). As an ESTIMATE ONLY, Florida reassesses at sale; at this price and a Miami-Dade rate near 2.0%, the ESTIMATE is about $42,000/yr (≈ $3,500/mo) without homestead, or about $41,000/yr (≈ $3,417/mo) with the homestead exemption on a primary residence.

Florida's homestead exemption lowers taxable value only for a primary residence. Confirm these ESTIMATES with the Miami-Dade Property Appraiser and a tax professional, as they are not quotes. Contact Christopher Lazaro, Coral Gables Real Estate Broker, to verify.

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

Flood zones indicate the likelihood of flooding in a specific area. You can find FEMA definitions here and View the FEMA flood map for this address. Lenders often require flood insurance in high-risk zones.

Contact Christopher Lazaro, Coral Gables Real Estate Broker, to verify the specific requirements for this property.

Are pets allowed?

Pets are allowed, with restrictions (or possible restrictions) according to the MLS record. We will pull the association's exact current pet rules for this unit on request. Separate federal accommodation rules can apply if a documented service animal or ESA is involved.

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

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

The list price of $2,100,000 reflects current market conditions. Miami-Dade condos have recently been closing at 94% of list, about 64 days on market (MIAMI REALTORS®, May 2026).

Specific pricing for this building and vicinity comes from a CMA. I can provide a Coral Gables-specific CMA before you set an offer. Contact Christopher Lazaro, Coral Gables Real Estate Broker, to verify these details.

What financing step do you recommend before touring?

Secure a pre-approval before touring 13637 Deering Bay Dr # 261. Consult a Florida Licensed Mortgage Loan Originator to confirm your budget for this $2,100,000 property.

Contact Christopher Lazaro, Coral Gables Real Estate Broker, to verify the details.

Monthly Fees & Carrying Costs

Association Fee $3,855 / month
Condo Maintenance Fee $254 / month
Total Monthly Fees $4,109 / 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: DEERING BAY CONDO II

Details

Updated on August 24, 2026 at 6:47 am
  • Property ID A11979952
  • Price $2,100,000
  • Property Size 2980 Sq Ft
  • Bedrooms 3
  • Room 0
  • Bathrooms 3.5
  • Garages 2
  • Year Built 1995
  • Type Condominium
  • Property Status Active, Residential

Additional details

  • Flooring Marble, Wood
  • Waterfront Features Lagoon
  • Bedroom Features Entry Level, Sitting Area - Primary Bedroom
  • Cooling Central Air, Electric
  • Association Type Condo
  • Building PADUA
  • Association Fee Frequency Monthly
  • Area Deering Bay Condo Ii
  • Annual Tax 18925
  • Maintenance Fee Paid Per Monthly
  • Association Yes
  • Elementary School Howard Drive
  • Private Pool No
  • Listing Terms All Cash, Conventional
  • Neighborhood Deering Bay
  • Waterfront Yes
  • Full Bathrooms 3
  • Subdivision DEERING BAY CONDO II
  • Total Stories 7
  • Restrictions Ok To Lease
  • Maintenance Includes All Amenities, Building Exterior, Common Area, Other Maintenance Includes, Outside Maintenance
  • Parking Additional Spaces Available, Golf Cart Parking, Guest
  • Heating Central, Electric
  • Structure Type Condo 5+ Stories, Condo
  • Tax Year 2025
  • Construction Concrete Block Construction
  • Covered Spaces 2
  • Middle School Palmetto
  • Unit Floor 6
  • Frontage Bay
  • View Bay, Lagoon, Water View
  • Year Built Details Resale
  • High School Miami Palmetto
  • Pets Allowed Yes
  • Attached Yes
  • Unit Number 261
  • Inclusions Community Boat Dock,Unrestricted Salt Water Access, Marina,Yacht Club
  • Half Bathrooms 1
  • Flood Zone AE
  • Patio / Porch Open Balcony
  • New Construction No
  • Garage Spaces 2
  • Style Condo 5+ Stories
  • Association Fee 3855
  • Lot Size (Sq Ft) 0
  • Membership Purchase Required No

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