4851 University Dr, Coral Gables FL 33146

For sale Days on market 24

CORAL GABLES RIVIERA SEC [ Duplex ]

$2,800,000

$751/sq ft

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Overview

Year Built

1962

Sqft

3726

Property Type

Duplex

Property Description

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

Property Details

MLS#

A11953185

Total Floor in Bldg

Building

CORAL GABLES RIVIERA SEC

Address

4851 University Dr

City

Coral Gables

State/county

Zip/Postal Code

33146

Area

Coral Gables Riviera Sec,gables Riviera

Country

United States

HOA

Yes

Assoc Fee

$--

Assoc Fee Pd

Annually

Tax Amount

$27,808

Maint Fee

$--

Tax Year

2025

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