One of South Florida’s most iconic properties, a $68 million trophy home in Miami-Dade County’s prestigious Coral Gables enclave, will go up for sale at a luxury auction March 19-22. Concierge Auctions will conduct global online bidding for the contemporary estate at 41 Arvida Parkway, which is listed by Engel & Völkers Miami real estate agency.
Coral Gables has long set the high bar for luxury real estate, and the 14,000-square-foot home with nearly 600 feet of water frontage is a perfect example. Situated on a triangular lot, the home takes waterfront living to a whole new level. The property, which is on 1.24 acres in the coveted gated community of Gables Estates, is surrounded on two sides by the sparkling waters of Biscayne Bay, offering 270-degree panoramic views.
Architect Graciela Leanza designed the home, which includes nine bedrooms, nine full bathrooms and three half bathrooms.
Marc Hameroff, managing director and primary listing agent at Engel & Völkers Miami, said the auction is expected to draw competitive bidding worldwide. Pre-qualified bidders can place bids by phone or online. The auction will not require bidders to satisfy a minimum price for the transaction to go through.
“The auction presents a rare opportunity to own exclusive property of this size and magnitude in Coral Gables with waterfront access on both sides of the home,” said Hameroff. “No detail was overlooked in creating this masterpiece. It’s truly a one-of-a-kind contemporary oasis offering breathtaking views across Biscayne Bay.”
Whether indoors or out, there’s plenty to entice buyers. Surrounded by palm trees, 41 Arvida Parkway offers tri-level terraces, an Estudio Arqué-designed pool with eye-catching glass mosaic tiles, an outdoor kitchen and covered dining area.
The property also features a five-car garage, nanny suite and a protected dock that can moor a yacht over 200 feet. A captain’s quarters is adjacent to the dock.
The current owner completely rebuilt the home with a modern European design, bringing in highly skilled European artisans to do the fine finish work.
The foyer showcases hanging crystals illuminated by lighting that demand a double take. A double staircase with clear panels artistically punctuates the space.
The kitchen serves up a distinctly modern style with Sub-Zero and Miele appliances, a breakfast room, pantry and custom cabinets. Other features in the home include a wet bar, executive office/library, master suite with ocean views and a private terrace, a custom-built dressing room and a spa-like master bathroom with a custom marble vanity and walk-in shower. German engineered wood flooring ties it all together.
The well-appointed turnkey home, which has never been occupied, is being sold fully furnished with the exception of artwork.
Gables Estates offers residents convenient access to downtown Miami, Miami International Airport, upscale shops, restaurants and a vibrant cultural scene.
For more information about the auction, visit Concierge Auctions or call 212-202-2940.