4851 University Dr, Coral Gables, FL 33146

Local realty services provided by:Better Homes and Gardens Real Estate Florida 1st
4851 University Dr,Coral Gables, FL 33146
$2,800,000
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  • - Beds
  • - Baths
  • 3,726 sq. ft.
  • Multi-family
  • Active
Listed by: pilar aparicio, odalys sierra
Office: compass florida, llc.
MLS#:A11953185
Source:SEFMLS

Price summary

  • Price:$2,800,000
  • Price per sq. ft.:$751.48

About this home

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

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Home facts

  • Year built:1962
  • Listing ID #:A11953185
  • Updated:February 04, 2026 at 11:05 AM

Rooms and interior

  • Living area:3,726 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fans, Central Air, Electric
  • Heating:Central, Electric

Structure and exterior

  • Roof:Flat, Tile
  • Year built:1962
  • Building area:3,726 sq. ft.

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,800,000
  • Price per sq. ft.:$751.48
  • Tax amount:$27,808 (2025)
Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.

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