23 Majorca Ave, Coral Gables, Florida, United States, 33134

1,975,000
for Sale
8
4
5,640

About the 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.
Property Type:
Single Family Home
Status:
for Sale
House Style:
Attached
Bedrooms:
8
Bathrooms:
4
Full Bathrooms:
4
Square Feet:
4200
Central A/C:
Yes
Central A C Details:
Central Air
Water:
Municipal Water
Heating:
Central
Exterior:
Other
Miscellaneous:
First Floor Entry, Second Floor Entry, Other
Appliances:
Other Equipment/Appliances
Directions:
23 Majorca Avenue, Coral Gables, FL
Association Fee:
0
Is Den:
Yes
Listing ID:
A12103363

Rooms

Dimensions

Brokered by:
Maddux & Company
Presented By: