Introducing for the first time in over 50 years, the finest property available in Gables Estates to design and build a waterfront masterpiece! Located in one of the most coveted, guard gated communities that Miami has to offer, this 65,000 sq/ft property encompasses the essence of waterfront living! The back of the property faces South, towards a wide lagoon with breathtaking views and southeastern breezes, providing ideal sunlight and ample privacy. A yachtsman's dream, this vast property has 200 ft of water frontage and is located on a wide, deep water turning basin with unobstructed access to Biscayne Bay! The home, built in 1963 includes 5 bedrooms, three full baths and one half bath. Renovate, expand or redevelop this amazing waterfront property into the home of your dreams!