$16,500,000
Coral Gables, FL 33156
MLS# A12088176
1 / 11
Property Description
Rare opportunity to build a landmark waterfront estate at 9340 Balada Street, within Old Cutler Bay, one of Coral Gables’ most coveted gated waterfront communities. Set on an expansive 22,400 SF lot, this exceptional property offers a new seawall, deep water, direct ocean access with no bridges, and the ability to accommodate an approximately 100-foot yacht. The wide bay directly in front provides exceptional maneuvering room, allowing a large vessel to turn with ease. Offered with approved permits and shovel-ready plans by renowned South Florida architect Ramon Pacheco, AIA, of Pacheco Architecture, whose portfolio includes distinguished luxury residences throughout Coral Gables, Gables Estates, Cocoplum and other premier South Florida communities. The proposed two-story residence features approximately 7,845 SF of A/C living area, expansive terraces, pool and sophisticated indoor-outdoor living. Old Cutler Bay is prized for its privacy, security, mature landscaping, substantial waterfront estates and exceptional boating lifestyle, with direct access to Biscayne Bay. Minutes from the best of Coral Gables while offering the tranquility of a private waterfront enclave. Property is vacant land; residence shown in plans/renderings does not exist. A rare combination of land, architecture and world-class boating access.
Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2026-09-15
Status: Active
Original List Price: 16500000
List Price: $16,500,000
Current Price: $16,500,000
LP/Acre: 32101167.32
Location and Legal
Country: United States
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
Street Number: 9340
Street Name: Balada
Street Suffix: Street
City Name: Coral Gables
Municipal Code: 3
State Or Province: FL
Postal Code: 33156
Postal Code +4: 2361
Postal Zip: 33156
Subdivision Name: OLD CUTLER BAY SEC 2
Area: 2510
Elementary School: Sunset
Middle Or Junior School: Ponce De Leon
High School: Coral Gables
Parcel Number: 0351050060100
Subdivision Number: 6
Zoning: 0100
Flood Zone: AE
General Property Information
Property Sub Type: Unimproved Land
Number Of Lots: 1
Lot Size Acres: 0.51
Lot Size Square Feet: 22400
Lot Size Dimensions: 22400
Waterfront YN: 1
Water Frontage Feet: 135
Direction Faces: South
LP/SqFt: 736.61
Financial Information
Tax Year: 2025
Tax Annual Amount: 109353
Tax Legal Description: OLD CUTLER BAY SEC 2 PB 80-35 LOT 11 BLK 1 LOT SIZE 22400 SQ FT COC 24231-1796 01 2006 5
Boat and Dock Information
Dock: Yes
Boat Dock Accommodates: Up to 100 Ft Boat
Price Calculations
Current Price To SqFt: 736.94
Section Details
Parcel Number MLX: 0100
Status Change Information
Major Change Timestamp: 2026-09-15T04:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-09-15
Originating Details
Originating System Key: 563149522
Originating System ID: M00000151
Property Features
Current Use: Residential; Single Family; Other
Deed Restrictions: None
Development Status: Recorded Plat
Documents Available: Plans
Location of Property: City Location; Cul-De-Sac; Inside Location
Other Structures: None
Possession: Negotiable
Trees: None
Vegetation: Grassed
Boat and Dock Features: Electric Available; Private Dock
Listing Terms: Cash
Lot Features: Build to Suit
Road Frontage Type: Public Road
Road Surface Type: Paved
Water Access: No Fixed Bridge
Water View: Canal; Lagoon
Waterfront Features: Canal Front; Seawall; No Fixed Bridges
Showing Requirements: Call Listing Agent; Showing Service
Acreage Description: 1/2 To Less Than 1 Acre Lot
Listing Office: Fortune Christie's Intl R.E.

Last Updated: October - 20 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
