The Real Deal Miami

Today’s priciest new listing

September 21, 2011 06:18PM

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550 Arvida Parkway

The priciest new listing to hit the market today is a five-bedroom, five-and-a-half-bathroom, single-family home at 550 Arvida Parkway in Coral Gables that’s listed for $10 million, according to Condo Vultures Realty. The 7,664-square-foot home was built in 1971 and sits on a waterfront plot of 44,431 square feet. It has 190 feet of waterfront space, a private dock leading directly into Biscayne Bay, a pool and a Frank Lloyd Wright-inspired design. Judith Zeder of Esslinger Wooten Maxwell, Inc has the listing. (Condo Vultures data includes condos and single-family listings in the main metropolitan areas of Miami, Fort Lauderdale, and West Palm Beach, as well as Monroe County that are newly listed. Listings are taken from the South Florida MLS.) — Adam Fusfeld