Home » Properties » 1181 S Alhambra Cir, Coral Gables FL 33146

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Waterfront Villa with Pool and Dock in Coral Gables

Spacious 4-bedroom waterfront home with pool, dock, and high ceilings in Coral Gables. Features premium kitchen and private outdoor terrace.

$4,900,000

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MLS #A11727742

Listing Updated: 2026-07-14 06:41:12

Listed By: Fortune International Realty

Overview

This waterfront villa located on the South Gables Waterway offers a serene lifestyle with direct water access and a protected cove dock ideal for boat owners. Built in 1970, this 4-bedroom, 3-bathroom single-family residence spans 2654 sqft and features volume ceilings, a Poggenpohl kitchen with premium Viking, Sub Zero, and Miele appliances, and a large covered terrace overlooking the water. The backyard includes a pool, picturesque gardens, and pathways, creating a private retreat. Each bedroom opens to balconies with views of the landscaped surroundings. Additional highlights include impact glass, a den/library/office, maid quarters, and a 2-car garage. The home is fully walled and gated for privacy and is conveniently located within walking distance to Sunset Elementary School.

Property Highlights

Waterfront location with protected cove dock, 4 bedrooms, 3 bathrooms, 2654 sqft, Poggenpohl kitchen with high-end appliances, pool, large covered terrace, impact glass, den/office, maid quarters, 2-car garage, gated and walled privacy, walking distance to school.

Property Details

City: Coral Gables

State: FL

Zip Code: 33146

Address: 1181 S Alhambra Cir, Coral Gables FL 33146

Year Built: 1970

Property Type: Residential

Property Sub Type: Single Family Residence

Listing Office Name: Fortune International Realty

County: Miami-Dade County

Garage Spaces: 2

Parking Features: Driveway

Interior Features: Cooking Island, Entrance Foyer, French Doors, Pantry, Chandelier To Be Replaced, Volume Ceilings, Den/Library/Office, Maid/In-Law Quarters, Utility Room/Laundry

Exterior Features: Barbeque, Outdoor Shower

Waterfront: Yes

Pool: No

HOA Fee: $0

Annual Tax: $21,876

Days On Market: 540 Days

Original Listing Description

Waterfront Villa on the S. Gables Waterway.Boaters Dream or live on the water.Protected cove dock for the boat.First time on the market.Completely Walled and gated for privacy.Beautiful backyard overlooks the water,pool and picturesque gardens with pathways.Large covered terrace is great for outside entertainment overlooking the water.Built high up, the back yard has commanding views.All bedrooms have balconies that open to fresh air and views of the landscaping.Impact glass,Poggenpohl kitchen with Island and gas stove.Viking,Sub Zero and Miele appliances.Also wine cooler.Den,Very high cielings,fireplace,2 car garage. Newer AC-water heater.Walk to Sunset elementary school, bathrooms original.

Property Location

Explore the surrounding area, nearby amenities, and neighborhood access for this property.

1181 S Alhambra Cir, Coral Gables FL 33146

About This Neighborhood

Coral Gables is known for its elegant residential streets, mature landscaping, and proximity to Miami’s cultural and business hubs. The South Gables Waterway area offers a tranquil setting with waterfront views and access to boating. Residents enjoy well-maintained parks, upscale dining, and boutique shopping nearby. The neighborhood combines a peaceful atmosphere with convenient access to urban amenities, making it attractive for families and professionals alike.

Walkability & Lifestyle

The property benefits from a walkable neighborhood with access to nearby parks, dining, and shopping options. Residents can enjoy leisurely strolls along the waterfront and easy access to local amenities. The community’s layout supports a comfortable lifestyle with conveniences within reach, enhancing daily living experiences.

Things To Do Nearby

Coral Gables offers a variety of recreational opportunities including boating on the waterway, dining at upscale restaurants, and visiting cultural attractions. Nearby parks and outdoor spaces provide options for relaxation and exercise. The area’s vibrant social scene and proximity to Miami’s entertainment districts add to the lifestyle appeal.

Nearby Schools

This home is conveniently located within walking distance to Sunset Elementary School, providing easy access to quality education for families. Coral Gables is served by several reputable public and private schools, offering diverse options for students of all ages. The neighborhood’s educational institutions contribute to its family-friendly reputation and community appeal.

Why Buyers Like This Area

Buyers appreciate this area for its combination of waterfront living, privacy, and proximity to urban conveniences. The gated and walled property offers security and tranquility, while the neighborhood’s amenities and schools support a balanced lifestyle. The home’s features such as high ceilings, premium kitchen, and private dock align well with buyers seeking quality and comfort.

Investment Potential

This waterfront property in Coral Gables appeals to buyers seeking a lifestyle home with direct water access and premium amenities. Its location on the South Gables Waterway and private dock enhances desirability for boating enthusiasts. The gated and walled privacy adds to its appeal for families and those valuing security. While located in a stable and sought-after neighborhood, buyers should consider market conditions and personal use preferences when evaluating this property’s potential.

Market Trends

The Coral Gables real estate market remains steady with consistent demand for single-family homes, especially those offering waterfront access. Limited inventory in premium locations like the South Gables Waterway supports property values. Buyers are drawn to homes with unique features such as private docks and pools. Market activity reflects a balanced environment where quality properties maintain interest from both local and relocating buyers.

Rental Income Potential

Properties with waterfront access and premium features in Coral Gables tend to attract strong tenant interest, particularly among seasonal renters and professionals seeking upscale accommodations. The presence of a private dock and pool enhances rental appeal. However, potential investors should carefully assess local rental regulations and market conditions to understand the property's usability and income potential.