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Property for sale
$1,975,000
Single Family Residence
23 Majorca Ave, Coral Gables FL 33134
8
Beds
4
Baths
4,200 sqft
Living area
1949
Year built

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Description

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.

Built in 1949
Property Type: Residential

Property highlights

8 bedrooms
4 bathrooms
4,200 sqft of living area
5,640 sqft lot
Built in 1949
Less Than 1/4 Acre Lot
Other

Features & Amenities

Interior

First Floor Entry
Second Floor Entry
Other

Appliances

Other Equipment/Appliances

Exterior

Other

Community

None

Parking

On Street
$1,975,000 8 beds / 4 baths / 4,200 sqft

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