Mediterranean Estate on Alcazar Avenue

1418 Alcazar Avenue, Coral Gables, FL 33134 · Coral Gables

$3,250,000 Est. $22,934/mo · $669/sq ft

Bedrooms5
Bathrooms5
Interior4,860 sq ft
Lot15,200 sq ft (0.35 acre)
Year built1998
Parking2-car garage plus driveway for 4
HOANone
Price per sq ft$669

About this home

A classic Coral Gables Mediterranean on one of the city's most beautiful tree-lined avenues, renovated top to bottom in 2022. Coral-stone loggias frame a heated pool and courtyard garden, while the interior pairs original arches with a modern marble kitchen and five en-suite bedrooms. No HOA, flood zone X, and a short walk to Miracle Mile.

This 5-bedroom, 5-bathroom villa at 1418 Alcazar Avenue, Coral Gables, FL 33134 has 4,860 sq ft of interior space; lot: 15,200 sq ft (0.35 acre). Built in 1998. Parking: 2-car garage plus driveway for 4. Flood zone: X (low risk; flood insurance optional). Offered for sale at $3,250,000, or $669 per sq ft. Listed on Sep 22, 2026 by Daniel Whitcombe, Senior Advisor, Coral Gables & Coconut Grove.

Features & amenities

Fully renovated in 2022 with new roof and impact windows
Barrel-tile roof, coral-stone loggia and courtyard fountain
Formal dining room seating 12
Kitchen with marble island and Sub-Zero / Wolf appliances
Ground-floor guest suite, ideal for parents or staff
Heated pool with sun shelf and outdoor kitchen
Walk to Miracle Mile and the Biltmore golf course

Monthly cost estimate

Estimated property tax: $61,750 a year ($5,146 a month), based on 1.9% of the price, which is typical for new Miami-Dade buyers. HOA: No HOA.

Estimated monthly payment

$22,934/mo

Principal & interest$16,434
Property tax (1.9%/yr)$5,146
Home insurance (0.5%/yr)$1,354
HOA$0

Down payment: $650,000
Loan amount: $2,600,000

Down payment Interest rate % Loan term

How we estimate it: 20% down ($650,000), a 6.5% fixed rate over 30 years, property tax of 1.9% of the price a year ($61,750/yr, typical for new Miami-Dade buyers), home insurance of 0.5% of the price a year ($16,250/yr) and no HOA. Estimates only, not a loan offer or financial advice; flood cover is extra where required.

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Property details

Listing ID	ME-1002
Status	For Sale
Asking price	$3,250,000
Price per sq ft	$669
Property tax (estimate)	$61,750 a year (1.9% of the price)
Estimated monthly payment	$22,934 (20% down, 6.5% fixed, 30 years, with tax, insurance and HOA)
Property type	Villa
Neighborhood	Coral Gables
Address	1418 Alcazar Avenue, Coral Gables, FL 33134
Bedrooms / bathrooms	5 bedrooms, 5 bathrooms
Interior size	4,860 sq ft
Lot size	15,200 sq ft (0.35 acre)
Year built	1998
Parking	2-car garage plus driveway for 4
HOA	No HOA
Flood zone	X (low risk; flood insurance optional)
Listed	Sep 22, 2026
Open house	By private appointment, 7 days a week
Photos	5 photos, plus a 3D virtual tour on request
Listing advisor	Daniel Whitcombe, +1 (555) 019-8800 ext. 202, daniel@meridianestates.demo
Listing office	Meridian Estates, 1200 Ocean Drive, Suite 400, Miami Beach, FL 33139 · +1 (555) 019-8800 · Mon–Sat 9am–6pm, Sun by appointment

The neighborhood

Coral Gables

Tree-canopied avenues, Mediterranean Revival architecture and Miracle Mile dining.

Median: $1.85M (single-family homes)
Schools: Top-rated public and private schools; home to the University of Miami.
Commute: 20 min to Brickell and 15 min to Miami International Airport.

Explore the Coral Gables area guide

Also listed here: Restored 1941 Classic on Sevilla Court ($1,150,000)

Listing advisor

Daniel WhitcombeSenior Advisor, Coral Gables & Coconut Grove

+1 (555) 019-8800 ext. 202 daniel@meridianestates.demo

Speaks English, French. Office: 1200 Ocean Drive, Suite 400, Miami Beach, FL 33139, open Mon–Sat 9am–6pm, Sun by appointment.

View Daniel's profile