Rare Waterfront Opportunity Along The Coral Gables Waterway. This Distinctive Offering Features Two Condo Units Within A Single Structure, Set On An Oversized Waterfront Lot Ideal For Redevelopment Into A Bespoke Luxury Residence, With The Potential To Add Dock(s) And Boating Structures. Enjoy Direct Water Frontage In A Quiet Residential Enclave Surrounded By High-end Homes, Delivering Exceptional Long-term Value In One Of Coral Gables’ Most Prestigious Neighborhoods. The Property Is Currently Income-producing With Leases In Place, Allowing A Buyer To Offset Holding Costs While Planning, Designing, And Permitting A Future Redevelopment. Opportunities With This Scale, Orientation, And Flexibility Are Increasingly Scarce, Making It Ideal For A Luxury End-user, Builder, Or Investor Seeking To Create A One-of-a-kind Waterfront Estate Defined By Privacy, Seamless Indoor-outdoor Living, And Timeless Architectural Appeal. Note: There Are Two Folio Numbers: 03-4119-020-0010/0020