4855 University Dr, Coral Gables FL 33146

For sale Days on market 3

CORAL GABLES RIVIERA SEC [ Residential ]

$2,800,000

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Overview

0.25 acres

Property Type

Residential

Property Description

Rare waterfront opportunity along the Coral Gables Waterway. This distinctive offering features two condo units within a single structure, set on an oversized waterfront lot ideal for redevelopment into a bespoke luxury residence, with the potential to add dock(s) and boating structures. Enjoy direct water frontage in a quiet residential enclave surrounded by high-end homes, delivering exceptional long-term value in one of Coral Gables’ most prestigious neighborhoods. The property is currently income-producing with leases in place, allowing a buyer to offset holding costs while planning, designing, and permitting a future redevelopment. Opportunities with this scale, orientation, and flexibility are increasingly scarce, making it ideal for a luxury end-user, builder, or investor seeking to create a one-of-a-kind waterfront estate defined by privacy, seamless indoor-outdoor living, and timeless architectural appeal. Note: There are two folio numbers: 03-4119-020-0010/0020

Property Details

MLS#

A11956768

Building

CORAL GABLES RIVIERA SEC

Address

4855 University Dr

City

Coral Gables

State/county

Zip/Postal Code

33146

Area

Coral Gables Riviera Sec,gables Riviera

Country

United States

HOA

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$27,808

Maint Fee

$--

Tax Year

2025

Canal View

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