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+20 photosWaterfront home — 600-620 Arvida Parkway · Gables Estates · Coral Gables
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Open property magazine$172,500,000
600-620 Arvida Parkway, Coral Gables, FL 33156
Coral Gables, FL, 33156
10 bd · 18 ba · 21,145 sqft · 335 ft of water
Listed by Mocca Realty, LLC.
600-620 Arvida Parkway, Coral Gables, FL 33156
Listed by Mocca Realty, LLC.
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Estimated monthly payment
$1,069,255/mo
Know your costs before you buy
Work through three numbers: your estimated monthly payment, the cash needed at closing, and insurance & flood.
Estimated monthly payment $1,069,255/mo · principal, interest, taxes, insurance and HOA. Verify before you buy.
Cash to close includes the down payment, lender and title costs, taxes, insurance prepayments and escrow deposits. Editable estimate only.
Insurance and flood: AE · verify insurance quotes before buying.
About this home
Find similar homesUltra exclusive Gables Estates residence designed by renowned architect Cesar Molina. Villa Serenity is a modern tropical waterfront estate situated on over 2 acres, offering 35,000+SF across multiple structures & 335ft of pristine waterfront.Estate features 10+ beds, 14 baths & 2 half baths, designed for large-scale entertaining & private living. Includes separate 2-bed guest house & staff quarters. Amenities include full gym/spa, private salon, speak easy lounge, expansive grounds & 20 ton climate-controlled pavilion. Addl features: panic/safe room, generators, comm elevator, wine cellar & 8-car garage. Fully integrated lighting, audio, security & media systems. Villa Serenity offers a rare opportunity to own a fully self-sustained, ultra-private waterfront estate in one of South FL’s most prestigious residential enclaves.
Why we flagged this one
A transparent review of current MLS facts—not a paid placement.
286 days on market
Longer time on market usually means the seller is more open to negotiating on price and terms.
Price reductions and days on market come from this listing's MLS record. This is an initial market signal, not a formal appraisal or full comparable market analysis.
Property Details
Your costs (est.)
≈ $1,069,255/mo
600-620 Arvida Parkway, Coral Gables, FL 33156 · Coral Gables
Location
600-620 Arvida Parkway, Coral Gables, FL 33156
Dock & Draft Match™
Boat size needs on-site verification
Boat length up to ~177 ft · verify
One home, every check
Dock & Draft Match™ brings this home's dock length, low-water depth, every bridge, the ocean run, frontage and yacht size together in one place. Estimate only, not guaranteed. Verify before you buy or sell.
What buyers ask about this home
What are the estimated monthly carrying costs at 600-620 Arvida Parkway, Coral Gables, FL 33156?+
Property tax (after sale): $167,546/month est.; homeowners insurance: $6,019/month est.; HOA: $625/month. Fixed ownership costs before a mortgage: $174,190/month est. Principal and interest: $895,065/month; PMI: $0/month. Total for the payment scenario shown: $1,069,255/month est. Flood insurance is not included. Estimate only, not guaranteed. Verify before you buy or sell.
Will property taxes go up after I buy 600-620 Arvida Parkway, Coral Gables, FL 33156?+
Usually yes. In Florida the assessed value resets to market value in the year after a sale, so the seller's current tax bill is rarely what a new owner pays. Budget roughly 1.8–2.0% of the purchase price annually until you file for homestead exemption and the Save Our Homes cap (or the 10% non-homestead cap) starts limiting increases.
Does 600-620 Arvida Parkway, Coral Gables, FL 33156 need flood insurance, and what drives the premium?+
Most of Coral Gables sits in a FEMA flood zone, and lenders require flood coverage in high-risk zones. Premiums are driven by elevation certificate, flood zone, roof age and shape, and whether the home has impact windows or accordion shutters. Ask for the current declarations page, the four-point inspection and wind mitigation report early — they set your real cost of ownership.
What should an inspection focus on for a home like 600-620 Arvida Parkway, Coral Gables, FL 33156?+
In coastal South Florida, prioritize roof age and permit history, whether windows and doors are impact-rated, the seawall and dock condition on waterfront lots, drainage and elevation, plumbing type, and any open or expired permits with the city. These items, not cosmetics, drive both price and insurability.
What extra costs come with the waterfront at 600-620 Arvida Parkway, Coral Gables, FL 33156?+
Waterfront ownership adds seawall maintenance and eventual replacement, dock and lift servicing, higher flood and wind premiums, and salt-air upkeep on exterior finishes and equipment. Confirm bridge height and water depth at low tide if you plan to keep a boat.
Is there room to negotiate on 600-620 Arvida Parkway, Coral Gables, FL 33156?+
This listing has been on the market 286 days. Leverage comes from days on market, price history, comparable closed sales and the seller's motivation — not from a fixed percentage. I pull the full history and the true comps before we write, so the offer is built on what the property is actually worth today. Call or text (954) 562-1798 for that analysis.
Neighborhood & Commute
Located in Coral Gables, this property offers the South Florida lifestyle — warm-weather living year-round with easy access to the Atlantic coast, A-rated schools, and major business centers.
Approximate Drive Times
Drive times are estimates based on straight-line distance at typical South Florida traffic speeds. Actual times vary with traffic and routing.
Assigned schools for this address
Ponce De Leon Middle School
Middle school · 1.9 mi from this home · 5801 Augusto St, Coral Gables
Coral Gables Senior High School
High school · 3.1 mi from this home · 450 Bird Rd, Coral Gables
Zone boundaries published by Miami-Dade County Public Schools.
Other options for this address
ST. Thomas Episcopal Parish School
Elementary · Private · Catholic · Grades PK–5 · Coral Gables
Somerset Academy Elementary School (South Miami Campus)
Elementary · Charter · Grades PK–5 · South Miami
Somerset Academy Charter Middle School (South Miami Campus)
Middle school · Charter · Grades 6–8 · South Miami
Carrollton School-Sacred Heart
Pre-K & Kindergarten · Private · Catholic · Grades PK–12 · Miami
School assignment is set by the district and can change. Always confirm the zoned school with the district before you buy.
The home, in a magazine
A closer look at this home and its lifestyle — dedicated to you and your family.
Open the magazine
Simon Gedz
Realtor® since 1995
Interested in this property?
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