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Vreeland Real Estate
23 Majorca Ave, Coral Gables, FL 33134
- $1,975,000
- 8
- BD
- 4
- BA
- 4,200
- SqFt
- List Price
- $1,975,000
- MLS#
- A12103363
- Subdivision
- Coral Gables Sec L
- Status
- ACTIVE
- Type
- Single Family Residential
- Bedrooms
- 8
- Full baths
- 4
- Living Area
- 4,200
Property 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.
Additional Information
- Days on Market
- 3
- View
- Other
- Tax Amount
- $21,045
- Parcel Number
- 03-41-08-007-0350
- Bedroom Description
- Other
- Front Exposure
- South
- Lot Size
- 5,640
- Exterior Features
- Other
- Parking Restrictions
- On Street
- Address
- 23 Majorca Ave, Coral Gables
- SqFt Liv Area
- 4,200
- Year Built
- 1949
- Design
- Attached, Half Duplex, Two Story
- Development Name
- Coral Gables Sec L
- Style
- R30-No Pool/No Water, House
- Restrictions
- No Restrictions
- Construction Type
- Stucco
- Interior Features
- First Floor Entry, Second Floor Entry, Other
- Section
- 8
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Listing Courtesy of Maddux & Company, Contact: