Located southwest of Miami, Florida, in the city of Coral Gables, 41 Arvida Parkway is a 14,000-square-foot estate, surrounded by 574 feet of rare Biscayne Bay double-sided waterfrontage, and will sell at auction this month via our online marketplace. Once noted as "the most expensive residential sale ever in Coral Gables" at the price of $25 million, the home has undergone renovations and is now currently listed for $68 million. Bids are estimated to open between $15 million and $30 million, and the property will sell furnished Without Reserve in cooperation with Marc Hameroff of Engel & Völkers. Bidding will be open March 19th through March 22nd.
A minimalistic estate designed by Graciela Leanza, 41 Arvida Parkway features Hidalgo Monci lighting fixtures that double as statement sculptures at the estate's entrance. SICIS glass mosaic is featured in the bathrooms and the Estudio Arqué-designed pool, along with European finishings. The home boasts Parex-Lanco finished concrete exterior walls, and Crestron and Sonos home automation technology."The auction presents a rare opportunity to own exclusive property of this size and magnitude in Coral Gables, with waterfront access on both sides of the home," says Hameroff. "No detail was overlooked in creating this minimalistic masterpiece—it's truly a one-of-a-kind contemporary oasis offering breathtaking views across Biscayne Bay."The nine-bedroom estate offers a sleek designer kitchen, professional-grade appliances, pantry and breakfast room; a master sanctuary with ocean views, terrace access, custom-built dressing room, spa bath, custom marble vanity, and walk-in shower; a wet bar; executive office/library; a separate captain's quarters adjacent to the dock; a nanny suite, and a five-car garage. Outdoor features include tri-level terraces, a poolside lounge area, an outdoor kitchen and covered dining, mature palms, and direct sunrise views. The property also includes a protected dock that can accommodate a 200± foot mega yacht. Click here to watch the property's film, visit the property page for full description and photography, or call +1 212-202-2940 for more information.