Coveted Coral Gables waterfront home, on a quiet cul-de-sac, behind the guarded gates of Kings Bay. Primely located on a protected, wide, deep water canal with private 110 seawall that can accommodate several boats with no bridges to Biscayne Bay. Rare opportunity to buy original waterfront home at a potential bargain. This is an ideal spec home, which may allow for tax savings and lower remodeling costs as compared to new construction. New construction in the area goes up to 3 floors, and neighboring updated homes are listed for close to $3M. Low HOA and close to highly ranked public and private schools.