Outstanding opportunity to own one of the last remaining waterfront properties in Coral Gables that offers over 250+ water frontage with no bridges to the open bay. Located in the exclusive and gated Gables by the Sea community, on a private cul de sac this perfectly situated property sits on an oversized lot, and is available to build new or rehab existing structure. Surrounded by lush landscape and exotic palms, this yachtsman's paradise offers a serene oasis with constant gentle ocean breezes, magical sunsets and occasional visits from dolphins and manatees. All while sitting in your own backyard. Close proximity to nationally ranked schools, excellent hospitals, dining and shopping.