550 Marquesa Drive, Coral Gables, FL 33156

$30,000,000 — Active

Property Features

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Elegant Coastal Mediterranean-inspired waterfront estate within the exclusive, guard-gated enclave of Old Cutler Bay in Coral Gables. Set on a 20,300 SF lot with 140 ft on a wide canal and direct, bridge-free access to Biscayne Bay, this 11,589 total SF, 6-bedroom, 7-full and 2-half bath residence is designed to feel open, airy, and truly expansive. Multiple oversized covered terraces and upper-level balconies span the faΓ§ade, creating various outdoor living and dining areas ideal for grand-scale entertaining or intimate gatherings. Framed by manicured grounds, coral stone accents, and a gracious entry with koi pond, the home seamlessly blurs the line between indoors and out. The resort-caliber exterior showcases an infinity-edge saltwater pool with Baja ledge and fountain bubblers, a coral stone deck, and a fully equipped summer kitchen. An 80-foot private dock further enhances the waterfront lifestyle. Inside, a dramatic entry with soaring vertical scale and exposed beams introduces light-filled interiors finished with limestone and wood floors, custom millwork, illuminated wine cellar, elevator, and integrated smart home technology. The bespoke chef’s kitchen features custom cabinetry, a striking Blue Agate island, and premium Wolf and Sub-Zero appliances. The tranquil primary suite offers vaulted shiplap ceilings, private canal-view terraces, a spa-inspired marble bath, and couture-style dressing roomβ€”an exceptional blend of scale, comfort, and timeless waterfront luxury.

▼ Price Reduced β€” originally listed at $38,000,000

Property Details

  • Listing ID: A11967109
  • Status: Active
  • Listing Date: 2026-02-26
  • Property Type: Single Family Residence
  • Subdivision: OLD CUTLER BAY SEC 4-A
  • County: Miami-Dade
  • MLS Area: 2510
  • Bedrooms: 6
  • Full Bathrooms: 7
  • Half Bathrooms: 2
  • Living Area Sq Ft: 7,237
  • Year Built: 2019

Financial

  • List Price: $30,000,000
  • Original List Price: $38,000,000
  • HOA Fee: $1,500/mo
  • Taxes: $175,695/yr

Features & Amenities

  • View: Pool, Water, Canal
  • Parking: Driveway, Guest, Garage, Attached Garage, Attached
  • Cooling: Central Air, Electric
  • Heating: Central, Electric
  • Flooring: Other, Wood
  • Construction: Block, Other
  • Roof: Flat, Tile
  • Interior Features: Built-in Features, Elevator, High Ceilings, Wet Bar, Walk-In Closet(s), Closet Cabinetry
  • Exterior Features: Built-in Barbecue, Balcony
  • Community Amenities: Other, Gated

Courtesy of Coldwell Banker Realty

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© 2026 Starfish Real Estate. Listing data is derived from the Broker Reciprocity Program of the Realtor Association of Indian River County (RAIRC) and BeachsMLS. Properties listed by brokers other than Starfish Real Estate are identified with the applicable MLS logo and include the listing broker's name. Not all properties available through either MLS may be displayed. All MLS data is the copyrighted property of the respective MLS and its participants. Data is deemed reliable but is not guaranteed accurate and should be independently verified prior to entering into any transaction.