$2,800,000
8
4
1863
Condominium, Residential
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.
This condominium home located at 4855 University Dr # 4855, Coral Gables FL 33146 is currently for sale and has been available on Brickellsold for 3 days. This property is listed at $3M. It has 8 beds, 4 bathrooms, and is 1863 square feet. It was built in 1962. 4855 University Dr # 4855, Coral Gables FL 33146 is in Coral Gables county Miami-Dade County.
