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Sold
Sold on April 10, 2026

4851 UNIVERSITY DR

$2,800,000
$2,800,000
0 Beds
0 Baths
3,726 sqft
4 Parkings
Lot size:
-
Annual Tax:
$27,808
Occupancy:
Tenant
Year Built:
1962
Property type:
Multifamily
#MLS:
A11953185

Description

Rare waterfront opportunity along the Coral Gables Waterway. This unique offering consists of two condo units within a single structure, positioned on an oversized waterfront site ideal for redevelopment into a bespoke luxury residence. And the addition or dock(s) and boating structures. The property offers direct water frontage in a quiet residential enclave surrounded by high-end homes, presenting exceptional long-term value in one of Coral Gables’ most prestigious neighborhoods. Currently income-producing with leases in place, allowing a buyer to offset holding costs while planning, designing, and permitting a future redevelopment. Opportunities of this scale, orientation, and flexibility are increasingly scarce. Ideal for a luxury end-user builder or buyer seeking to create a one-of-a-kind waterfront home with privacy, indoor-outdoor living, and enduring architectural appeal. NOTE THERE ARE 2 FOLIO NUMBERS THE SALE INCLUDES FOLIO #03-4119-020-0020. DO NOT DISTURB THE TENANTS
Compass Florida, LLC

Features & Details

Learn about the features and details of 4851 UNIVERSITY DR

Property Details

  • Property Type
    Duplex
  • Living Area
    3,726 sqft
  • Year Built
    1962
  • Lot Size
    -
  • Stories
    -
  • Annual Tax
    $27,808
  • List Date
    2/1/2026
  • Updated
    5/23/2026
  • Last Checked
    Recent
  • MLS Number
    #A11953185
  • Brokerage
    Compass Florida, LLC
  • Postal Code
    33146
  • Area
    Miami-Dade County
  • City
    Coral Gables

Additional Property Features

  • Occupancy
    Tenant
  • List Price
    $2,800,000
  • Unit Number
    -
  • Construction
    Block
  • Heating
    Central,Electric
  • Fireplaces
    -
  • Garage
    -
  • Parking Type
    No
  • Pets Allowed
    No
  • Air Conditioning
    Central Air, Ceiling Fans, Electric
  • Elevator
    No
  • Locker
    No
  • Swimming Pool
    None
  • Patio
    Balcony,Open
  • Basement
    No
  • Den
    No
  • Central Vacuum
    No
  • Garage Type
    No

Additional Listing Information

  • Walk Score
  • Property Manager
    -
  • Utilities Included
    None
  • Furnished
    No
  • Assessment Year
    2025
  • Assignment
    No
  • Extras Included
    None
  • Virtual Tour
    View virtual tour

Inside

  • Bedrooms & Baths
    0 Bed, 0 Bath
  • Ensuite
    Yes
  • Bathrooms
    0
  • Flooring
    Mixed

Price history

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Real estate trends

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Explore Miami-Dade County

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FAQs About 4851 UNIVERSITY DR

4851 UNIVERSITY DR, MLS® A11953185 has a size of 3726 sqft.

There are bedrooms and bathrooms in this Multifamily at 4851 UNIVERSITY DR, MLS® A11953185.

Yes, there is parking available with 4 spot(s).

Annual taxes for this home are $27,808 based on 2025 tax year reports.
Miami Association of REALTORS®
Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information.
©2025 Miami Association of REALTORS® all rights reserved.
4851 UNIVERSITY DR