$16,500,000

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.