4855 University Dr #4855, Coral Gables, FL 33146
Local realty services provided by:CENTURY 21 Hansen Realty
Listed by: pilar aparicio, odalys sierra
Office: compass florida, llc.
MLS#:A11956625
Source:SEFMLS
Price summary
- Price:$2,800,000
- Price per sq. ft.:$1,502.95
About this home
Waterfront Redevelopment Opportunity of a dual-unit building on Waterway. Investor-focused opportunity along the prestigious Coral Gables Waterway. This distinctive offering includes two condo units sold together as a single building, positioned on an oversized waterfront lot ideal for redevelopment, renovation, or the creation of a bespoke luxury residence with potential for dock(s) and boating structures. The square footage shown reflects one unit; the total building size is 3,726 SF, providing exceptional scale for reconfiguration or expansion. Surrounded by high-end homes in a quiet residential enclave, the property offers direct water frontage and compelling long-term value. Currently income-producing with leases in place, buyers can offset holding costs while planning, designing, and permitting a future vision. Opportunities with this size, flexibility, and premier location are increasingly scarce. Ideal for an end-user, builder, or investor seeking a signature waterfront estate defined by privacy, seamless indoor-outdoor living, and timeless architectural appeal. Note: Two folio numbers; sale includes Folio #03-4119-020-0010. MLS A11953185.
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Home facts
- Year built:1962
- Listing ID #:A11956625
- Updated:February 24, 2026 at 11:05 AM
Rooms and interior
- Bedrooms:8
- Total bathrooms:4
- Full bathrooms:4
- Flooring:Ceramic Tile, Hardwood, Tile, Wood
- Dining Description:Family/Dining Room
- Kitchen Description:Dishwasher, Electric Range, Microwave, Refrigerator
- Living area:1,863 sq. ft.
Heating and cooling
- Cooling:Central Air, Electric
- Heating:Central, Electric
Structure and exterior
- Year built:1962
- Building area:1,863 sq. ft.
- Construction Materials:Block
- Exterior Features:Balcony, Open
- Levels:2 Story
Schools
- High school:Coral Glades High
- Middle school:Ponce De Leon
- Elementary school:Fairchild; David
Finances and disclosures
- Price:$2,800,000
- Price per sq. ft.:$1,502.95
- Tax amount:$27,808 (2025)
Features and amenities
- Appliances:Dishwasher, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
- Laundry features:Dryer, Washer
- Amenities:Balcony, Blinds, Smoke Detectors
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