Real Estate News

$5 million building with 36 bedrooms sells in Coral Gables. See where it’s at.

A 10,700-square-foot building built in 1964 has changed hands. The property located at 416 Santander Avenue in Coral Gables was sold on July 3, 2023. The $4,973,400 purchase price works out to $465 per square foot. This three-story home presents a roomy floor plan, featuring 36 bedrooms and 18 baths. On the exterior, the house is characterized by the use of slate roofing. The property encompasses a generous 0.3-acre of land, featuring abundant outdoor space and a pool.

These nearby houses have also recently changed hands:

  • On Santander Avenue, Coral Gables, in April 2022, a 1,736-square-foot home was sold for $975,000, a price per square foot of $562. The home has 2 bedrooms 1 bathroom.
  • A 2,823-square-foot home at 503 Santander Avenue in Coral Gables sold in April 2022, for $1,600,000, a price per square foot of $567. The home has 4 bedrooms and 4 bathrooms.
  • In April 2022, a 8,149-square-foot home on Malaga Avenue in Coral Gables sold for $3,250,000, a price per square foot of $399. The home has 14 bedrooms and 14 bathrooms.

This article was generated by the Miami Herald Bot, artificial intelligence software that analyzes structured information from prominent real estate data providers and applies it to templates created by journalists in the newsroom. We are experimenting with this and other new ways of providing more useful content to our readers and subscribers. You can report errors or bugs to mcclatchybot@mcclatchy.com.

This story was originally published August 2, 2023 at 2:54 PM with the headline "$5 million building with 36 bedrooms sells in Coral Gables. See where it’s at.."

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