The owners of 150 Edgewater Drive garnered an unbelievable price for this partially completed new construction home on the Gables Waterway. Sale price was $7,500,000. The home was not located in a gated community and did not have direct bay views. However, part of its value came from the large 36,960 square foot lot and 13,746 square feet of living area.
The estimated cost to finish the house was $1,261,000.
This is the highest priced home to sell in the past 18 months in Coral Gables that was not located in a gated community.
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