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4855 University Dr, Coral Gables, Florida 33146

Active For Sale
$2,800,000
  • Beds 0
  • Baths 0
  • Sq Ft 0 Sqft
  • Visits: 1 in 3 days

Description

Rare waterfront opportunity along the Coral Gables Waterway. This distinctive offering features two condo units within a single structure, set on an oversized waterfront lot ideal for redevelopment into a bespoke luxury residence, with the potential to add dock(s) and boating structures. Enjoy direct water frontage in a quiet residential enclave surrounded by high-end homes, delivering exceptional long-term value in one of Coral Gables’ most prestigious neighborhoods. The property is currently income-producing with leases in place, allowing a buyer to offset holding costs while planning, designing, and permitting a future redevelopment. Opportunities with this scale, orientation, and flexibility are increasingly scarce, making it ideal for a luxury end-user, builder, or investor seeking to create a one-of-a-kind waterfront estate defined by privacy, seamless indoor-outdoor living, and timeless architectural appeal. Note: There are two folio numbers: 03-4119-020-0010/0020

Address Map

  • Country: US
  • State: FL
  • County: Miami-Dade
  • City: Coral Gables
  • Subdivision: CORAL GABLES RIVIERA SEC
  • Zipcode: 33146
  • Street: University Dr
  • Street Number: 4855
  • Floor Number: 0
  • Longitude: W81° 43' 37.5''
  • Latitude: N25° 43' 34.6''
  • MLS Area: 41

MLS Addon

  • Association Fee: $0
  • Building Features: Other
  • Close Price: $0
  • Development Status: Other
  • Insurance Expense: $0
  • Listing Terms: Cash, Conventional
  • New Taxes Expense: $0
  • Tax Annual Amount: $27,808
  • Tax Year: 2025
  • Utilities: Cable Available, Electricity Available, Sewer Available, Trash Collection, Water Available, Phone Available
  • Water Front Features: Canal Front, Ocean Access, Fixed Bridge

Location

Listing Updated: 2026-02-02 20:05:13

  • Property Type : Land
  • Property Sub Type : Residential
  • Listing Type : For Sale
  • Listing ID : A11956768
  • Price : $2,800,000
  • View : Canal
  • Bedrooms : 0
  • Bathrooms : 0
  • Half Bathrooms : 0
  • Square Footage : 0 Sqft
  • Year Built : 0
  • Lot Area : 0.25 Acre
  • Listing Status : Active
  • Days On Market : 2
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