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MLS:A11956625

4855 University Dr, Unit 4855, Coral Gables, FL 33146

Priced at: $2,800,000
Bedrooms:
8
Bathrooms (Full):
4
Bathrooms (Half):
0
Living Area SqFt:
1,863 Sq Ft
Year Built:
1962
Waterfront Redevelopment Opportunity of a dual-unit building on Waterway. Investor-focused opportunity along the prestigious Coral Gables Waterway. This distinctive offering includes two condo units sold together as a single building, positioned on an oversized waterfront lot ideal for redevelopment, renovation, or the creation of a bespoke luxury residence with potential for dock(s) and boating structures. The square footage shown reflects one unit; the total building size is 3,726 SF, providing exceptional scale for reconfiguration or expansion. Surrounded by high-end homes in a quiet residential enclave, the property offers direct water frontage and compelling long-term value. Currently income-producing with leases in place, buyers can offset holding costs while planning, designing, and permitting a future vision. Opportunities with this size, flexibility, and premier location are increasingly scarce. Ideal for an end-user, builder, or investor seeking a signature waterfront estate defined by privacy, seamless indoor-outdoor living, and timeless architectural appeal. Note: Two folio numbers; sale includes Folio #03-4119-020-0010. MLS A11953185.

Fees

Tax Year:
2025
Tax Amount:
$27,808
Maintenance Includes:
Air Conditioning Maintenance, Building Exterior, Insurance, Landscaping/Lawn Maintenance, Parking, Trash Removal

Features

Exterior Features:
  • Other
  • Open Balcony
Interior Features:
  • First Floor Entry
  • Second Floor Entry
Equipment/ Appliances:
  • Dishwasher
  • Dryer
  • Electric Water Heater
  • Microwave
  • Electric Range
  • Refrigerator
  • Washer
Amenities:
  • Exterior Lighting
Security Info:
  • Smoke Detector
  • No Security
Waterfront Description:
  • Canal Width 1-80 Feet
  • Fixed Bridge(S)
  • Ocean Access
Parking:
  • 2 Or More Spaces
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MLS: A11956625
4855 University Dr, Unit 4855, Coral Gables, FL 33146
Price: $2,800,000
Listing courtesy of Compass Florida, LLC

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Property information shown has been provided from various sources, which can include the seller and/or public records. It is believed reliable but not guaranteed and should not be relied upon without independent verification.

Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. All dimensions are estimates only and may not be exact measurements. Square Footages are approximate. Floor plans and development plans are subject to change. The sketches, renderings, graphic materials, plans, specifics, terms, conditions and statements are proposed only, and the developer, the management company, the owners and other affiliates reserve the right to modify, revise or withdraw any or all of same in their sole discretion and without prior notice. All pricing and availability is subject to change. The information is to be used as a point of reference and not a binding agreement.

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