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South Florida

Waterfront lot sells for $10M in Coral Gables

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A 3.5-acre waterfront parcel at 8525 Old Cutler Road in Coral Gables has sold for $10.05 million, according to Esslinger-Wooten-Maxwell’s Zeder Team. The property, which is located in the Gables Estates community, has 375 feet of waterfront. The property will likely be the site of a new estate, according to Realtor Nathan Zeder. — Alexander Britell

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Coral GablesEsslinger Wooten Maxwell