4851 University Dr, Coral Gables FL 33146
$2,800,000
$751.48/Sq Ft
- N/A Beds
- N/A Baths
- N/A Parking
- 3726 ft²
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
Marvel Avellanet
Real Estate Broker
Estimate Payments
Technical Summary
| Price | $2,800,000 |
|---|---|
| Beds | N/A |
| Baths | N/A |
| Area | 3726 ft² |