Concierge Auctions And Compass To Sell $17.499 Million Palladian-Style Florida Estate Without Reserve

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The 14,329-square-foot Coral Gables estate with accommodations for a 101-foot yacht expected to garner global interest during June 25th online auction

NEW YORK - May 16, 2019 - Rezul -- A 14,329-square-foot Coral Gables home within the prestigious Gables Estates community will sell at auction next month via Concierge Auctions' online marketplace. Boasting modern interiors, waterfront access with a boatlift and private dock accommodating a 101-foot yacht, and a 5,000±-bottle wine room with tasting area, 555 Arvida Parkway is currently listed for $17.999 million and will sell Without Reserve in cooperation with Audrey Ross of Compass. Bidding will be open June 21st-25th via Concierge Auctions' online marketplace.

"The auction of this chic, modern home presents a rare opportunity to purchase a property of this magnitude in this exclusive community," said Ross. "I am excited to partner with Concierge Auctions given their recent successes in the Miami-area. The firm's world-class marketing and impressive database should drive a robust pool of bidders."

The Palladian-style property is situated on 1.03 acres, offering modern architectural features including soaring ceilings, many large windows, and light-colored stone, marble, tile, and wood throughout. Interior features include six bedrooms with ample natural light, a spacious chef's kitchen with Miele/Wolf appliances, a guest suite on the first floor, a luxurious master suite with sitting area, a 5,000±-bottle wine room with designated tasting area, a media room, office, gym, billiards room, three-floor elevator, and spa.

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Outdoor amenities include a terrace with heated pool and outdoor summer kitchen, waterfront access with a boatlift and private dock accommodating a 101-foot yacht, customized storage for boating and fishing activities, and an attached garage with four spaces.

Known as "The City Beautiful," Coral Gables boasts historic landmarks including the 1920s-era Biltmore Hotel and Venetian Pool. The property is in close proximity to "Miracle Mile," which includes many options for upscale shopping, fine dining, and other attractions. The seaside city also offers golfing, concerts, and yachting. The property is less than 10 miles from Miami, where highly rated dining and world-famous nightlife options abound.

The auction announcement follows the firm's recent successful sale of neighboring 41 Arvida Parkway, which was previously listed for $68 million.

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Source: Concierge Auctions
Filed Under: Real Estate

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