Single-family residence in Coral Gables sells for $40 million

Published Sep 1, 2025

A 10,860-square-foot house built in 2016 has changed hands. The spacious, recently built property at 555 Reinante Avenue in Coral Gables was sold on Aug. 14, 2025 for $40,000,000 which represents a price per square foot of $3,683. This two-story house offers a roomy layout with six bedrooms and seven bathrooms. The lot of the unit covers a substantial area of 1.0 acre, complete with a pool for outdoor enjoyment.

Other houses that have recently been sold close by include:

· A 6,289-square-foot home at 550 Arvida Parkway in Miami sold in October 2022 for $22,000,000, a price per square foot of $3,498. The home has 5 bedrooms and 5.5 bathrooms.

· In September 2021, a 13,216-square-foot home at 530 Arvida Parkway in Miami sold for $25,000,000, a price per square foot of $1,892. The home has 7 bedrooms and 8.5 bathrooms.

· At 501 Arvida Parkway in Coral Gables in July 2025, a 3,938-square-foot home was sold for $14,500,000, a price per square foot of $3,682. The home has 4 bedrooms and 3 bathrooms.