Rare Coral Gables Waterfront Multi-Family Opportunity! Situated on an oversized waterfront lot, this unique property is currently configured as a duplex and fully leased, offering immediate income potential. Located in one of South Florida’s most prestigio

4801 UNIVERSITY DR, Coral Gables

$3,149,000 USD
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Address4801 UNIVERSITY DR, Coral Gables
Building NameC G RIVIERA SEC PART 4
Type of PropertyDuplex
Property StyleDuplex
Price$3,149,000
Previous Price$3,499,000 (36 days ago)
Property StatusActive With Contract
MLS NumberA11895863
Living Area3740
Year Built1958
Parking Space Number6
Folio Number03-41-19-006-0290
Zoning Information5900
Days on Market36

Detailed Description: Rare Coral Gables Waterfront Multi-Family Opportunity! Situated on an oversized waterfront lot, this unique property is currently configured as a duplex and fully leased, offering immediate income potential. Located in one of South Florida’s most prestigious neighborhoods in close proximity to The University of Miami, this property combines the charm of Coral Gables with the flexibility of future development possibilities. Whether you’re seeking steady rental income, planning to redevelop into a luxury residence or expand its multi-family use, the location and lot size make this a standout investment. Properties like this rarely come to market—don’t miss your chance to own a prime piece of Coral Gables real estate with water access and endless potential. This property is not in a flood zone.

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Address Information
StateFlorida
CityCoral Gables
CountyMiami-Dade County
Zip Code33146
Address4801 UNIVERSITY DR
Section19
Zip Code (4 Digits)1152
Financial Information
Price$3,149,000
Price per Foot$0
Previous Price$3,499,000
Folio Number03-41-19-006-0290
Tax Amount$29,224
Tax Year2024
Possession InformationFunding
Type of ContingenciesBackup Contract/Call LA
Full Descriptions
Detailed DescriptionRare Coral Gables Waterfront Multi-Family Opportunity! Situated on an oversized waterfront lot, this unique property is currently configured as a duplex and fully leased, offering immediate income potential. Located in one of South Florida’s most prestigious neighborhoods in close proximity to The University of Miami, this property combines the charm of Coral Gables with the flexibility of future development possibilities. Whether you’re seeking steady rental income, planning to redevelop into a luxury residence or expand its multi-family use, the location and lot size make this a standout investment. Properties like this rarely come to market—don’t miss your chance to own a prime piece of Coral Gables real estate with water access and endless potential. This property is not in a flood zone.
Water AccessPrivate Dock
Waterfront DescriptionCanal Front
Roof DescriptionBarrel Roof
Floor DescriptionOther, Tile, Wood
Cooling DescriptionCentral Air
Heating DescriptionCentral
Water DescriptionMunicipal Water
Sewer DescriptionSeptic Tank
Property parameters
Living Area3740
Zoning Information5900
Year Built1958
Type of PropertyDuplex
StyleDuplex
Building NameC G RIVIERA SEC PART 4
Development NameC G RIVIERA SEC PART 4
Construction TypeCBS Construction
Stories Number2.000
Parking Space Number6
Listed withBHHS EWM Realty