Basic Information

  • MLS # A11953185
  • Type Duplex / Quad Plex / Triplex
  • Subdivision/Complex Coral Gables Riviera Sec
  • Year Built 1962
  • Total Sqft 3,726
  • Date Listed 02/01/2026
  • Days on Market 2
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

Exterior Features

  • Waterfront Yes
  • Parking Spaces 0
  • Pool No
  • WF Description Canal Front, Fixed Bridge, Navigable Water, Ocean Access
  • Parking Description
  • Exterior Features Balcony, Room For Pool

Interior Features

  • Adjusted Sqft 3,726Sq.Ft
  • Sqft 3,726 Sq.Ft

Property Features

  • Aprox. Lot Size 3,726
  • Furnished Info No
  • Lot Description Quarter To Half Acre Lot
  • Short Sale Regular Sale
  • HOA Fees N/A
  • Subdivision Complex
  • Subdivision Info Coral Gables Riviera Sec
  • Tax Amount $27,808
  • Tax Year 2025

4851 University Dr

Coral Gables, FL 33146

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