Just Sold in South Gables: 5111 Maggiore St Closes for $2,140,000
We’re excited to announce the successful sale of 5111 Maggiore St in Coral Gables for $2,140,000, with the Oscar Arellano Team representing both the buyer & seller in the transaction.
Located in highly desirable South Gables, this corner property sits on a beautiful 10,000 square foot lot at Maggiore Street & Castania Avenue. The 3-bedroom, 2-bathroom pool home offered a combination of classic Coral Gables character, an exceptional location & exciting long-term potential.
A Prime South Gables Location
The home features original hardwood floors, mostly impact windows, a 2-car garage & mature oak trees that create the natural setting South Gables is known for. The backyard includes a private pool surrounded by plenty of outdoor space.
One of the property's greatest advantages is its location just one street from the new Maggiore Park, while remaining convenient to the shopping, dining, schools & amenities throughout Coral Gables and nearby South Miami.
A Property With Multiple Possibilities
What made 5111 Maggiore particularly compelling was the flexibility it offered its next owner. The property presented an opportunity to enjoy the existing home, renovate and personalize it, hold it as an investment, or explore the potential of creating a future dream residence on the 10,000 square foot corner lot.
Castania Avenue and the surrounding neighborhood are also seeing several impressive new homes being built, adding to the continued evolution of this desirable pocket of South Gables.
Representing Both Buyer & Seller
We were especially proud to have represented both sides of this transaction, bringing the buyer & seller together and successfully closing at $2,140,000.
Having extensive experience throughout Coral Gables allows us to understand not only the value of the existing home, but also the importance of the land, location, surrounding development & future potential when positioning properties like 5111 Maggiore.
5111 Maggiore St | Coral Gables
JUST SOLD — $2,140,000
3 Bedrooms | 2 Bathrooms
10,000 SF Corner Lot
Pool | 2-Car Garage
Buyer & Seller Represented by the Oscar Arellano Team
Thinking about buying or selling in Coral Gables or South Gables? Contact the Oscar Arellano Team to discuss your property, current market conditions & the strategy we would use to position your home for sale.