Ana Teresa Rodriguez, founder and CEO of ATR Luxury Homes Group at Coldwell Banker Realty, along with Virginia Aizpurua, sales associate at ATR Luxury Homes Group, represented the seller in the record-breaking sale and closing of Casa Solano, located at 690 Solano Prado in the exclusive Old Cutler Bay neighborhood of Coral Gables. The property sold for $10.825 million, setting a new standard in the area.
This 31,305-square-foot corner canal lot achieved the highest sale price for an older home on a canal-front property in Old Cutler Bay, prized for its potential as a development site. With 240 feet of water frontage, the property is ideally suited for yacht owners, offering direct access to Biscayne Bay with no bridge obstructions. The lot includes a newly constructed T-shaped dock, outfitted with an 80,000-pound lift, enhancing the property’s appeal as a waterfront paradise.
The seller sold this exceptional property to a buyer planning future development in the area. Currently, the property features a 4,200-square-foot home with four bedrooms, three bathrooms, and a two-and-a-half-car garage. This sale is part of a larger trend of developers investing in Old Cutler Bay to build custom luxury homes surrounded by multi-million-dollar estates.
“We are thrilled to have achieved a record sale for this beautiful canal-front property in Old Cutler Bay,” said Rodriguez. “The location, extensive water frontage, and access to Biscayne Bay make it a true gem in Miami’s luxury market.”
“With the newly added T-shaped dock and direct bay access, this property offers an unparalleled opportunity for the buyer to create a stunning waterfront masterpiece,” added Aizpurua.
Old Cutler Bay is a prestigious gated waterfront community in Coral Gables, known for its privacy, security, and proximity to Miami’s finest dining, shopping, and entertainment. Residents enjoy easy access to downtown Coral Gables, Coconut Grove, South Miami, and Pinecrest.
About ATR Luxury Homes Group
Founded by Ana Teresa Rodriguez, ATR Luxury Homes Group is Coldwell Banker’s No. 1 Small Team in South Florida, renowned for its expertise in luxury waterfront properties, new construction, and custom real estate solutions. ATR Luxury Homes Group is located at 4000 Ponce De Leon Blvd, Ste 700, Coral Gables, FL 33146. For more information, please visit atrluxuryhomes.com or call (786) 723-6041.
About Coldwell Banker Realty in Florida
Coldwell Banker Realty in Florida is a leading residential real estate brokerage with over 56 offices and 8,000 affiliated sales associates across the state. Coldwell Banker Realty is part of Anywhere Real Estate Inc. (NYSE: HOUS), the largest full-service residential real estate services company in the U.S. Visit ColdwellBankerHomes.com.
