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4851 University Dr, Coral Gables, FL, Florida 33146
3,726SqFt
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Details
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Status:
Active
Size: 3,726 SqFt (346 m2)
Price: $751/SqFt ($8,089/m2)
Type: Multi Family
Built: 1962
HOA: N/A
MLS Number: A11953185
On Site: 24 Days
Updated: 20 Days ago
Page Views: 0
Rare Waterfront Opportunity Along The Coral Gables Waterway. This Unique Offering Consists Of Two Condo Units Within A Single Structure, Positioned On An Oversized Waterfront Site Ideal For Redevelopment Into A Bespoke Luxury Residence. And The Addition Or Dock(s) And Boating Structures. The Property Offers Direct Water Frontage In A Quiet Residential Enclave Surrounded By High-end Homes, Presenting Exceptional Long-term Value In One Of Coral Gables’ Most Prestigious Neighborhoods. Currently Income-producing With Leases In Place, Allowing A Buyer To Offset Holding Costs While Planning, Designing, And Permitting A Future Redevelopment. Opportunities Of This Scale, Orientation, And Flexibility Are Increasingly Scarce. Ideal For A Luxury End-user Builder Or Buyer Seeking To Create A One-of-a-kind Waterfront Home With Privacy, Indoor-outdoor Living, And Enduring Architectural Appeal. Note There Are 2 Folio Numbers The Sale Includes Folio #03-4119-020-0020. Do Not Disturb The Tenants
Features
Bedrooms
    Bathrooms
      Exterior and Lot Features
      • Exterior Features: Balcony,RoomForPool
      Interior, Heating and Cooling
      • Heating Description: Central,Electric
      • Cooling Description: CentralAir, CeilingFans, Electric
      Building and Construction
      • Floor Description: CeramicTile, Hardwood, Tile, Wood
      • Windows/Treatment: Blinds
      • Year Built: 1962
      • Year Built Description: Resale
      Waterfront and Water Access
      • Waterfront Frontage: Yes
      School Information
        Other Property Info
        • Listing Date: 2026-02-01T11:40:02.000-00:00
        Taxes, Fees & More
        • Taxes: 27808
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        Price History
        01/26/2026
        Date
        Listed
        Event
        $2.8M
        Price
        $751 ft2 / $8,089 m2
        Price Per
        Price per square foot and days on website are not provided values and are calculated by Subdivisions.
        Listed by Pilar AparicioCompass Florida, LLC • Buyer Agency Compensation .
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