Commanding the tip of a V-shaped peninsula in the heart of Gables Estates, 41 Arvida Pkwy is arguably the crown jewel of Coral Gables real estate. This $54.9 million waterfront estate is more than an address- it's a landmark. Completed in 2018, this 18,963-square-foot architectural marvel includes 8 bedrooms, 11 bathrooms, and sits on over 1.24 acres of prime bayfront land, offering 574 feet of shoreline and a 140-foot private dock. It's a masterclass in design, scale, and waterfront grandeur.

Visionary Architecture and Elegant Interior Design

The Coral Gables home for sale was envisioned by architect Ramon Pacheco, who tailored the home to emphasize scale, volume, and an intimate relationship with the surrounding waters. A dramatic foyer sets the tone, where ceiling heights soar and natural light pours through impact-resistant glass. Sophisticated finishes in marble, wood, and custom tile adorn each room, while floor-to-ceiling windows frame the Biscayne Bay like art.

Inside, the living experience is curated for both lavish entertaining and private indulgence. An expansive formal living area, media room, wet bar, and executive office offer refined spaces for social and professional life. The primary suite is a sanctuary with a lounge, spa bathroom, and dressing room – all opening to private terraces that seem to float above the bay.

The flow of this home was designed to elevate waterfront living to new levels," shared Jorge Martinez, lead agent from One Sotheby's International Realty, in an interview with Luxury Houses Magazine. "The current owner invested deeply not just in finishes, but in the feeling of serenity throughout."

At the heart of the home, a chef's kitchen by Mick De Giulio anchors the space with custom cabinetry, professional appliances, and hand-selected stone. Complementing the interiors are Italian-designed Baxter furnishings, giving the estate a fully turnkey, designer-finished presence.

Outdoor Living Inspired by the Bay

Step outside and you're met with a symphony of design and nature. The 62-foot pool, designed by Estudio Arqué, is flanked by palm gardens and custom stonework. Entertaining continues with built-in barbecue stations, multiple lounges, and wraparound terraces that offer endless vantage points of sunrise over the Atlantic and city lights at dusk.

But perhaps the most compelling feature is the 574-foot waterfront exposure. This is further enhanced by a 140-foot private dock set in protected waters with no fixed bridges, offering direct ocean access – a rarity even among elite Coral Gables home for sale.

"This home in Coral Gables for sale was built for those who treasure the water," noted co-listing agent Roland Ortiz, also from One Sotheby's International Realty. "Whether you own a mega-yacht or simply enjoy sunrise paddles, this property accommodates every expression of the waterfront lifestyle."

A Legacy of Ownership and Investment Value

The Coral Gables real estate's transactional history is as compelling as its physical presence. Originally purchased in 1999 for $3.95 million, the property saw successive sales – $6 million in 2002, then $7 million in 2004. In 2019, it sold at auction for $25.5 million. Since then, it has been re-listed several times, ranging between $49.9 and $57 million, before returning to the market at the current price of $54.9 million in June 2025.

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