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Waterfront canal lined with homes, docks, and palm trees, viewed from a paved dockside walkway.

Rare Waterfront Opportunity in Coral Gables

Waterfront Opportunity in Coral Gables

740 Jeronimo Drive

OFFERED AT $3,000,000

3 BEDROOMS | 3 BATHROOMS | 2,505 SQFT | 12,500 SQFT LOT

Waterfront opportunities in Coral Gables are becoming increasingly difficult to find, especially those offering generous lot sizes, modern outdoor amenities, and the potential to create something truly special. Newly listed at 740 Jeronimo Drive, this exceptional property presents a rare opportunity to own a waterfront residence in one of Coral Gables' most desirable neighborhoods.

Situated on a spacious 12,500 square foot lot, the property currently features a 3-bedroom, 3-bathroom residence with timeless characteristics and outstanding potential. Whether you are looking to enjoy the home as it exists today, renovate and modernize the current residence, or build a custom dream home, this property offers flexibility that is becoming increasingly scarce in today's market.

Inside, the home showcases original hardwood floors that add warmth and character throughout the living spaces. A newer roof provides peace of mind, while the spacious 2-car garage adds convenience and functionality.

One of the home's standout features is its recently constructed resort-style pool overlooking the water. Designed with a modern aesthetic, the outdoor space creates the perfect setting for entertaining guests, relaxing with family, or simply enjoying the peaceful waterfront surroundings that make Coral Gables living so desirable.

The true value of this property extends beyond the existing improvements. With its generous lot size and waterfront setting, 740 Jeronimo Drive offers buyers the opportunity to create a spectacular custom estate tailored to their own vision and lifestyle. As available waterfront lots continue to diminish throughout Coral Gables, properties with this combination of location, lot size, and potential have become increasingly valuable.

Beyond the property itself, residents enjoy the exceptional lifestyle that Coral Gables is known for. Tree-lined streets, nearby parks, top-rated schools, fine dining, and convenient access to South Miami, Coconut Grove, and Downtown Coral Gables continue to make this one of South Florida's most sought-after communities.

Whether you are an end user, investor, or builder, 740 Jeronimo Drive represents a rare chance to secure a waterfront property with tremendous upside in a market where opportunities like this are becoming increasingly limited.

For additional information or to schedule a private showing, please contact The Oscar Arellano Team at Coldwell Banker Realty.

Single-story house framed by mature trees and palms, with a curved driveway and attached garage.
Single-story white home with a two-car garage, curved driveway, and tall palms.
White single-story home with a flat roof, tropical palms, flowering shrubs, and a paved front walkway.
White brick home entrance with a black door, tiled steps, tropical landscaping, and number 740.
Waterfront backyard with a swimming pool, patio seating, palm trees, and canal
Waterfront home pool and patio beside a canal, with palm trees and blue lounge chairs.
White single-story home behind a turquoise pool and brick patio.
Home backyard with a paved patio, outdoor dining furniture, swimming pool, and tall palms.
Waterfront pool patio with white loungers, palm trees, and a canal beyond the railing.
Backyard swimming pool beside a canal, with palm trees and lounge seating.
Canal waterfront with a wooden dock, covered boat, tropical palms, and homes across the water.
Residential canal with boats and docks, viewed beside a palm-lined waterfront walkway.
Palm-lined waterfront canal with homes across the water and a wooden dock beside it.
Furnished living and dining room with polished wood floors and a bright sitting area.
Furnished dining room with a large wood table, polished hardwood floors, and an open view into the living area.
Furnished dining room with polished hardwood floors, ornate wooden furniture, and an adjoining pink sofa.
Living room with white sofas, broad windows, and terracotta-colored tile flooring.
Living room with terracotta tile, cream sofas, large shuttered windows, and colorful flower arrangements.
Living room with terracotta tile floors, neutral sofas, and an adjoining dining area.
Kitchen with white cabinets, granite counters, stainless steel appliances, and terracotta tile floors.
Kitchen with white cabinets, granite counters, stainless steel appliances, and terracotta tile flooring.
Sitting room with a floral settee, polished hardwood floors, and a crystal chandelier.
Bedroom with a wooden bed, floral bedding, hardwood floors, and a mirrored vanity.
Bedroom with polished hardwood floors, a ceiling fan, and a bed beside a wide window.
Tiled bathroom with a pedestal sink, black-framed window and patterned shower curtain.
Bedroom with two single beds, white louvered closets, and polished wood floors.
Bedroom with a floral quilt, polished wood floors, and a red-cushioned rocking chair.
White-tiled bathroom with a pink patterned shower curtain, pedestal sink, and toilet.
Tiled bathroom with a lace-covered window, patterned shower curtain, and pink towels.
Floor plan with three bedrooms, family and living rooms, a garage, and a pool.

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