$1,975,000

For sale

23 Majorca Ave, Coral Gables FL 33134

8 beds4 baths4,200 sq ftBuilt 1949MLS# A12103363

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About this property

Rare Coral Gables fourplex with two paths to value. Hold it as a stabilized income-producing asset, or convert it to a single-family estate in one of the Gables’ most sought-after residential pockets. 5,640 SF lot on a tree-lined street, minutes from Miracle Mile, Downtown Coral Gables, the University of Miami, and Merrick Park. Four separate units 2-Bedroom / 1- Bath, Fully leased for a year. The Gables’ strict single-family premiums, limited supply, and lasting demand make this one of the few chances to buy here with an income cushion while you plan the conversion. Buyer to verify zoning, permitting, and conversion feasibility with the City of Coral Gables. Tenant-occupied; showings by appointment with notice. Rent roll and OM available on request.

Property details

Property type
Single family
Year built
1949
Living area
4,200 sq ft
Price per sq ft
$470
Property taxes
$21,045/yr
Floors in building
2
Building / community
Coral Gables Sec L
Status
For sale
MLS #
A12103363

Listing courtesy of Maddux & Company.

Location

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