Condo in Coral Gables, Florida, 8 bedrooms № 2010806

Condo in Coral Gables, Florida, 8 bedrooms  № 2010806
ID2010806 $ 2 800 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £
2010806

Property 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.
MLS #: A11956625
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CityCoral Gables
Address4855 University Dr # 4855, Coral Gables FL 33146
TypeCondominium
Bedrooms8
Living space173.08 m²
  • sq. ft
Completion dateIV quarter, 1962
Price
  • Price
  • per m²
$ 2 800 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £
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