South Florida Real Estate

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4855 University Dr 4855

Coral Gables , FL 33146

MLS#: A11956625

$2,800,000

Status: Active
Listing number: A11956625
Listing provided by: Compass Florida, LLC
Listing agent phone: None
Last update: 5 hours ago
New on site today
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CORAL GABLES RIVIERA SEC - Residential

Property

Beds

8

Full Baths

4

1/2 Baths

None

Year Built

1962

Sq.Footage

1,863

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.

Features & Amenities

Interior

  • Other Interior Features

    Master Downstairs

  • Total Bedrooms

    8

  • Bathrooms

    4

  • Cooling YN

    YES

  • Cooling

    Central Air, Electric

  • Heating YN

    YES

  • Heating

    Central, Electric

  • Pet friendly

    Yes

Exterior

  • Garage

    No

  • Construction Materials

    Block

  • Other Exterior Features

    Balcony

  • Pool

    No

  • Waterfront YN

    YES

  • View

    Canal

Area & Lot

  • Lot Features

    Waterfront

  • Property Type

    Residential

  • Property Sub Type

    Condominium

  • Architectural Style

    Other

Price

  • Sales Price

    $2,800,000

  • Tax Amount

    27808.0

  • Sq. Footage

    1, 863

  • Price/SqFt

    $1,502

HOA

  • Association

    Yes

  • Association Fee Frequency

    Annually

  • Association Fee Includes

    N/A

School District

  • Elementary School

    Fairchild; David

  • Middle School

    Ponce De Leon

  • High School

    Coral Glades High

Property Features

  • Stories

    2

  • Association Amenities

    Parking

  • Ownership

    Corporation

  • Senior Community YN

    NO

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Location

County

Miami-Dade

Elementary School

Fairchild; David

Middle School

Ponce De Leon

High School

Coral Glades High

Listing Courtesy of Pilar Aparicio , Compass Florida, LLC

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Agent Jarrod Gaylis

Realtor

Jarrod Gaylis

Call Jarrod today to schedule a private showing.

(817) 682-7464

jgaylis@perfectpropertiesfl.com


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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.

4855 University Dr 4855

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