4851 University Dr, Coral Gables, FL 33146
Local realty services provided by:CENTURY 21 North East
Listed by: pilar aparicio
Office: compass florida, llc.
MLS#:A11953185
Source:SEFMLS
Price summary
- Price:$2,800,000
- Price per sq. ft.:$751.48
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
Contact an agent
Home facts
- Year built:1962
- Listing ID #:A11953185
- Updated:March 19, 2026 at 07:37 AM
Rooms and interior
- Flooring:Ceramic Tile, Hardwood, Tile, Wood
- Living area:3,726 sq. ft.
Heating and cooling
- Cooling:Ceiling Fans, Central Air, Electric
- Heating:Central, Electric
- Central air:Yes
Structure and exterior
- Roof:Flat, Tile
- Year built:1962
- Building area:3,726 sq. ft.
- 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
- Price per sq. ft.:$751.48
- Tax amount:$27,808 (2025)
Features and amenities
- Amenities:Balcony, Blinds
Parking
- Total parking spaces:4
New listings near 4851 University Dr
- New
$1,270,000Active3 beds 2 baths1,470 sq. ft.4241 Red Rd, Coral Gables, FL 33155
MLS# A11985266Listed by: ONYX REALTY - New
$2,350,000Active3 beds 3 baths2,216 sq. ft.717 Benevento Ave, Coral Gables, FL 33146
MLS# A11981759Listed by: AFFINITY INTERNATIONAL REALTY - New
$450Active1 beds 1 baths1805 Ponce De Leon Blvd, Coral Gables, FL 33134
MLS# A11984658Listed by: RELATED GENERAL REALTY, LLC. - Open Sat, 3 to 5pmNew
$2,590,000Active4 beds 3 baths2,475 sq. ft.1222 Cortez St, Coral Gables, FL 33134
MLS# A11961872Listed by: ANTILLES REALTY - New
$1,249,950Active3 beds 3 baths1,520 sq. ft.261 Navarre Ave #B-1, Coral Gables, FL 33134
MLS# A11984266Listed by: COMPASS FLORIDA, LLC - New
$2,400,000Active3 beds 2 baths1,776 sq. ft.1147 Sorolla Ave, Coral Gables, FL 33134
MLS# A11985000Listed by: COMPASS FLORIDA, LLC - New
$599,000Active2 beds 2 baths1,237 sq. ft.100 Edgewater Dr #342, Coral Gables, FL 33133
MLS# A11984947Listed by: EDGE 1 REALTY - New
$699,000Active2 beds 2 baths1,060 sq. ft.6815 Edgewater Dr #105, Coral Gables, FL 33133
MLS# A11983757Listed by: SHELTON AND STEWART REALTORS - New
$11,999,000Active1.14 Acres10550 Old Cutler Rd, Coral Gables, FL 33156
MLS# A11982611Listed by: DOUGLAS ELLIMAN - New
$419,000Active2 beds 2 baths1,024 sq. ft.5201 Orduna Dr #12, Coral Gables, FL 33146
MLS# A11984315Listed by: OCEAN PALM REALTY, INC.