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23 Majorca Ave, Coral Gables FL 33134

Coral Gables, FL 33134

$1,975,000

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Price
$1,975,000
Beds
8
Baths
4
Square feet
4,200
Property type
Single Family Residence
Year built
1949
Lot size (sq ft)
5,640
MLS number
A12103363

This listing is courtesy of Maddux & Company, 305-264-9661.

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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.

Details

Property type
Single Family Residence
Year built
1949
Lot size (sq ft)
5,640

Location

Listing information is deemed reliable but is not guaranteed accurate by MIAMI REALTORS®.

Newmar Brokerage, LLC

23 Majorca Ave, Coral Gables FL 33134 | Newmar Brokerage, LLC