Rarely available, this exceptional property of 12,000 SF with 100 running feet of waterfront w/seawall is able to handle a large vessel and is located on the calm and beautiful waters of Biscayne Bay. Offering an amazing value to the Buyer who wishes to build the home of their Dreams, elevated & with direct unobstructed bay/ocean views. The existing structure has larger SF under AC per owner than Tax Rolls. This gated community of upscale waterfront homes located in Coral Gables (The City Beautiful) boasts the finest Private & Public schools, 5 star restaurants, parks, protected Beach, Pinecrest Gardens/Community Center/Library, the renowned Fairchild Botanical Gardens, the cultural & sporting events offered at the University of Miami, all just minutes away.