4855 University Dr # 4855, Coral Gables FL 33146

MLS #A11956625

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Active Add
$2,800,000
8
Bedrooms
4.0
Bathrooms
1,863 sq ft
Living Area
N/A
Lot Size

Property Details

Type Residential
Style Condominium
Bedrooms 8
Bathrooms 4
Half Baths 0
Living Area 1,863 sq ft
Pets Allowed Yes
Taxes $27,808
Maintenance Fee $0
Price $2,800,000
Status Active
Lot Size N/A
Year Built 1962
Waterfront Yes
Pool No
Subdivision CORAL GABLES RIVIERA SEC,GABLES RIVIERA
Days on Market 1
Unit Number 4855

Additional Information

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.

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Michael Light

Michael Light

Broker Associate
The Light Group Douglas Elliman

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This property information is published by Miami Luxury Homes ("MLH"); however, MLH is not responsible for the accuracy of this property information. This information is derived wholly or in part from information found on the multiple listing service ("MLS") and is provided through the Internet Data Exchange ("IDX"). As per this Site's Terms and Conditions of Use, MLH makes no representations or warranties, including those related to the completeness, accuracy, or currency of this information. MLH provides this information solely to assist User in identifying property it may be interested in purchasing. User is expressly directed to verify all information independently. All information is deemed reliable but not guaranteed. -- Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Copyright © 2025 by Miami Luxury Homes. All rights reserved. Listing provided by Compass Florida, LLC

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