Basic Information

  • MLS # A11956625
  • Type Condominiums
  • Subdivision/Complex Coral Gables Riviera Sec
  • Year Built 1962
  • Total Sqft 1,863
  • Date Listed 02/02/2026
  • Days on Market 2
Description

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.

Exterior Features

  • Waterfront Yes
  • Parking Spaces 0
  • Pool No
  • WF Description Canal Access, Fixed Bridge, Ocean Access
  • Parking Description Two Or More Spaces
  • Exterior Features Balcony

Interior Features

  • Adjusted Sqft 1,863Sq.Ft
  • Interior Features Bedroom On Main Level, Second Floor Entry, Family Dining Room, First Floor Entry, Main Living Area Upper Level
  • Sqft 1,863 Sq.Ft

Property Features

  • Aprox. Lot Size 1,863
  • Furnished Info No
  • Short Sale Regular Sale
  • HOA Fees N/A
  • Subdivision Complex Gables Riviera On Water
  • Subdivision Info Coral Gables Riviera Sec
  • Tax Amount $27,808
  • Tax Year 2025

4855 University Dr #4855

Coral Gables, FL 33146

Similar Properties For Sale

The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Compass Florida, LLC. tel: 305-697-2904

Real Estate IDX Powered by: TREMGROUP