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7244 E Lago DrCoral Gables, FL 33143

For Sale

$5,999,999

Smart Buyer Rebate $60,000

Located within the prestigious Islands of Cocoplum community in Coral Gables, the waterfront property represents a prime redevelopment opportunity. The existing residence is being offered for land value, providing developers or end users the chance to build a custom estate in one of South Florida’s most exclusive waterfront enclaves. Walking distance to private Clubhouse and amenities (tennis courts, basketball court, volleyball court, fitness center, playground and swimming pool). One time membership fee for new owners of $50,000.00. This sale is in connection with a Bankruptcy sale and is subject to court approval. The property is being sold “As-Is, Where-Is” with no representations, warranties, or guarantees of any kind, whether expressed or implied, by Trustee Realty. Buyers are responsible for conducting their own independent due diligence. Listing is subject to errors and omissions.

Listed by Jason Welt

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License #3035025

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Trustee Realty Inc.

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9548030790

Listed by Justin Greenbaum

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License #3028855

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Trustee Realty Inc.

Last updated June 05, 2026

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Source: SEF #A12022575

Listing Facts

  • TypeSingle-family
  • NeighborhoodCocoplum
  • Bedrooms5
  • Bathrooms4
  • Days on Prevu162
  • HOA/Maint. Fees$1,800/quarter
  • Taxes$26,466/year
  • Size4,785 sqft
  • Price per sqft$1,254

Amenities

  • Private Outdoor Space
  • Parking
  • Swimming Pool

Location

Mortgage Calculator

Listing History

05/22/2026
Listed by Trustee Realty Inc.
$5,999,999
  1. 05/22/2026$5,999,999
    Listed by Trustee Realty Inc.

Property Details for 7244 E Lago Dr

Association

Amenities

  • Community Features: Pool, Gated, Clubhouse, Other, Tennis Court(s)

Fees

  • Association Fee: $1,800.00 Quarterly

Exterior

Construction

  • Roof: Shingle
  • Stories: 2
  • Year Built: 1982
  • Year Built Details: Resale
  • Architectural Style: Detached, Two Story
  • Construction Materials: Block
  • Exterior Features: Other

Features

  • Direction Faces: Northeast
  • Patio And Porch Features: Patio
  • Pool Features: In Ground, Community
  • View: Canal, Ocean, Pool
  • Waterfront Features: Canal Access, Ocean Access
  • Waterfront: Yes

Measurements

  • Building Area Total: 6,122
  • Frontage Length: 89
  • Lot Features: Waterfront
  • Lot Size Area: 14,700
  • Lot Size Square Feet: 14,700
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 03-41-32-025-0220
  • Tax Annual Amount: $26,466.00
  • Tax Year: 2025

Interior

Features

  • Appliances: Other
  • Flooring: Other
  • Interior Features: Master Downstairs

Measurements

  • Living Area: 4,785

Rooms

  • Bathrooms Full: 4
  • Bathrooms Total Integer: 4
  • Bedrooms Total: 5

Other

Location

  • Subdivision Name: COCOPLUM SEC 2 PLAT B

Parking

Parking

  • Covered Spaces: 2
  • Garage Spaces: 2
  • Garage: Yes
  • Parking Features: Circular Driveway, Driveway

Schools

Elementary School

  • Elementary School: Sunset

High School

  • High School: Coral Gables

Middle or Junior School

  • Middle Or Junior School: Ponce De Leon

Utilities

Equipment

  • Cooling: Electric
  • Has Cooling: Yes
  • Heating: Electric
  • Has Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this single-family home have?

There are 5 bedrooms and 4 bathrooms in this single-family home at 7244 E Lago Dr.

What schools are nearby to 7244 E Lago Dr?

Nearby schools include the Sunset Elementary School, Ponce De Leon Middle School, and Coral Gables High School.

Does this single-family home have parking?

Yes, there are 2 parking spaces available for 7244 E Lago Dr.

What are the annual taxes for 7244 E Lago Dr?

Annual taxes for this single-family home are estimated at $26,466.

How does 7244 E Lago Dr compare to other single-family homes in Cocoplum?

This single-family home is listed 56% below the average price for single-family homes in Cocoplum and has been on the market for 48 less days than the typical home in this area.

What is the square footage on this single-family home?

According to the MLS, this listing is 4,785 sqft.

7244 E Lago Dr is a 5-bedroom, 4-bath single-family home for sale in Coral Gables FL 33143. On Prevu for 162 days at $5,999,999. This home features 4,785 square feet of living space, located in Cocoplum. The median listing price for single-family homes in this area is $12,500,000. Nearby schools include Sunset Elementary School, Ponce De Leon Middle School, and Coral Gables High School. The home offers private outdoor space, parking, and swimming pool. View other single-family home listings in Coral Gables.

Based on information from Miami Association of REALTORS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.