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4851 University Dr, Coral Gables, FL 33146

Coral Gables
Local realty services provided by:CENTURY 21 North East
4851 University Dr,Coral Gables, FL 33146
$2,800,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: pilar aparicio
Office: compass florida, llc.305-697-2904
MLS#:A11953185
Source:SEFMLS

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Price summary

  • Price:$2,800,000

About this home

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

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Home facts

  • Year built:1962
  • Listing ID #:A11953185
  • Updated:May 03, 2026 at 06:57 AM

Rooms and interior

  • Flooring:Ceramic Tile, Hardwood, Tile, Wood

Heating and cooling

  • Cooling:Ceiling Fans, Central Air, Electric
  • Heating:Central, Electric
  • Central air:Yes

Structure and exterior

  • Roof:Flat, Tile
  • Year built:1962
  • Construction Materials:Block
  • Exterior Features:Balcony, Open, Room For Pool
  • Levels:2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,800,000
  • Tax amount:$27,808 (2025)

Features and amenities

  • Amenities:Balcony, Blinds

Parking

  • Total parking spaces:4
Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.

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