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5 Beds
4 Baths
4,785 sqft

$5,999,999

7244 E Lago Drive, Coral Gables FL, 33143

Price per sqft$1,253.92
Built in1982
Property size4,785 sqft
Property typeResidential

Overview

Active

Listed May 23, 2026

Updated 15h ago

Located within the prestigious Islands of Cocoplum community in Coral Gables, the waterfront property represents a prime redevelopment opportunity. The existing residence is being offered for land value, providing developers or end users the chance to build a custom estate in one of South Florida’s most exclusive waterfront enclaves. Walking distance to private Clubhouse and amenities (tennis courts, basketball court, volleyball court, fitness center, playground and swimming pool). One time membership fee for new owners of $50,000.00. This sale is in connection with a Bankruptcy sale and is subject to court approval. The property is being sold “As-Is, Where-Is” with no representations, warranties, or guarantees of any kind, whether expressed or implied, by Trustee Realty. Buyers are responsible for conducting their own independent due diligence. Listing is subject to errors and omissions.

$39,918/mo

Est. mortgage payment based on a $5,999,999 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
A12022575

Interior Features

Bedrooms
5
Bathrooms
4
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.34 Acres

Other Property Details

Taxes
$26,466
Tax Frequency
Annually
Association Fee Frequency
Quarterly
Garage
Yes
View
Yes
Pool
Yes
Waterfront
Yes
55+/Senior Community
Yes

Listed with Trustee Realty Inc.

All listings featuring the BMLS logo are provided by Association of Palm Beaches. This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by MLS.

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Data last updated 4:26 AM UTC, 10/20/2026

 

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