180 Arvida Parkway, Estate of the Day

by Deidre Woollard (RSS feed)
Nov 22nd 2010 at 1:01PM

Today's home in Coral Gables, Florida encompasses almost two acres and has a prime peninsula-like spot which offers approximately 900 linear feet of waterfront overlooking Biscayne Bay. The five-bedroom home is in the gated community of Gables Estates. The home was built in 1991 and has a Mediterranean style with multiple levels positioned to offer the best views. It includes a state-of-the-art media/theater room with a 103-inch plasma television, a wine cellar, a library with fireplace and patios for both daily living and entertaining. The grounds include both lush green lawns and a private sandy beach with a bricked path completely surrounding the estate. It also has protected dockage and a pool with a water bar and waterfalls. This home is listed at $23 million.

Gallery: 180 Arvida Parkway

Tags: coral gables, estate of the day, florida real estate

Filed under: Estates

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Reader Comments (Page 1 of 2)

Mark Nov 22nd 2010 2:08PM

Is this (or used to be) Pat Riley's house?

Rod Nov 22nd 2010 2:24PM

It wouldn't surprise me if it was Riley's. It has the look of an athlete/ex-athlete's home.

I didn't see anything that I would characterize as a 'sandy beach' though.

I like this one.

Frank Townend Nov 22nd 2010 2:52PM

Sweet.

chad.dawkins Nov 22nd 2010 4:19PM

Gorgeous location

JLS Nov 23rd 2010 2:58AM

Wow. Very pretty place. Lots of glass and open & airy tropical views. Loved it! I was rather haunted by living on the peninsula when a hurricane came through.....

Postively NO protection in this home.

YellowRose3218 Nov 23rd 2010 6:16AM

JLS,,,As a person whos lives 51 years on the water, you wrote exactly what I was thinking too. Its very beautiful,,, until a hurricane blows through. I do like it all, but its just a matter of time before it all blows away.

Mary Nov 23rd 2010 9:43AM

i lived all my life in South Florida. When a Hurricane comes just bolt shutters over the windows and head inland. Stuff Happens. Live!

YellowRose3218 Nov 23rd 2010 6:18AM

Jls,,,Exactly what I was thinking too. Its is beautiful though.

chrimini3 Nov 23rd 2010 6:37AM

In todays economy, I'll be happy to just hold onto my 3 bedroom ranch

mary Nov 23rd 2010 7:08AM

home is 20 yrs old and been thru a few hurricanes already, so you can see that it will withstand quite a lot of wind, one of the most beautiful homes you have displayed but who actually lives in homes that big? I wouldn't mind trying for a while but would feel lost.

carmen Nov 23rd 2010 8:03AM

The property and house size is irrelevant; how I'd love to spend my life lost in that luxurious tropical paradise.

ESEINA Nov 23rd 2010 4:42PM

This is mky ultimate dream home...

shsrlene Nov 23rd 2010 9:56AM

I also was thinking this was Pat Riley's former home in Gables Estates. The place is magnificent and I would buy it in a minute if I had that kind of money. Loved everything about it!

Jim King Nov 23rd 2010 10:17AM

The place is "TackY" enough to be Riley's

Jim Nov 23rd 2010 10:12AM

The place is "TACKY" enough to be Riley's

Reb Nov 23rd 2010 10:55AM

I agree with Chrimini3....I love my three bedroom on 2 acres and in today's economy, I feel privileged to live in it without fear of it being taken away from me!

willi149s Nov 23rd 2010 10:36AM

That home is worthy of a $20+M price tag, and the grounds are beautiful too. I think a Mediterranean build is pretty solid and now with that ballistic cloth that you can cover windows with, I think that house will withstand most Hurricanes...if not...if you can afford to buy it, you can afford to insure it.

Kathy Watters Nov 23rd 2010 11:24AM

Ok, Who does the cleaning and landscaping? Do they have live in help or does someone come by boat todo all the menial work? & who pays the taxes, what county would this "island " be in? & how do you support this kind of life style.

Debra Nov 23rd 2010 11:49AM

Wow, the taxes are nearly $258,000.00 a year and has to be paid by Nov. 30, 2010. It probably takes a half million a year in taxes and upkeep.

Love it though!

D Nov 23rd 2010 12:02PM

I’d love the island part. How often would you really deal with the hurricane issue? Some places I’ve seen, have metal that covers the windows, and bolts to the frame. Then a 3 inch steel wall that raises from the ground. Architectural Digest I think. It’s done in such a way that the cost is not as much as you’d think. Like a 5,000 sq ft 2-story home can be protected for $150K. And when you consider the property that’s not a bad amount to spend to protect that investment, and it would make resale easier, too.

Here’s a link to a home under construction on a private island on Lake Minnetonka just West of Minneapolis. 18,000 sq ft.

http://msp.themlsonline.com/search/details,f2f2f11922e580de7d078214f44a367a,1,results,3934271.html

Cold instead of hurricanes, but still on the Florida property, I’ll bet that wouldn’t be an issue very often.

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