A single-family home located at 117 Gavilan Ave in Coral Gables has been sold for $4,200,000. The property, spanning 4,799 square feet, was listed at an asking price of $4,499,000. The sale represents the highest recorded transaction in the waterfront area of Islands of Cocoplum in the last six months.

Summary of transaction details:

• Property Type: Single Family
• Transaction Amount: $4,200,000
• Address: 117 Gavilan Ave
• Market: Coral Gables

The sale of this prestigious property was facilitated by brokers Joan Jimenez and Gabriela Dajer from ONE Sotheby's International Realty. The transaction closed on 5/7/2021. With a price per square foot of $875, this property stands as an exceptional investment in the sought-after Coral Gables market.