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$2,800,000
23 Days On Site

4851 University Dr
Coral Gables, FL 33146

For Sale|Duplex|Active
0
Beds
0
Total Baths
3,726
SqFt
$751
/SqFt
1962
Built
Subdivision:
CORAL GABLES RIVIERA SEC
County:
Miami-Dade

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4851 University Dr4851 University Dr4851 University Dr4851 University Dr
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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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Listing Snapshot
Price 
$2,800,000
Days On Site 
23 Days
Bedrooms 
N/A
Inside Area (SqFt) 
3,726 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1962
MLS® Number 
A11953185
Status 
Active
Property Tax 
$27,808
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Owner
Friends & Family
Recent Activity
3 weeks agoListing first seen on site
3 weeks agoListing updated with changes from the MLS®
General Features
Levels 
Two
Number Of Stories 
2
Parking Spaces 
4
Property Sub Type 
Duplex
Sewer 
Public Sewer
SqFt Total 
3726
Utilities 
Cable Available
Water Source 
Public
Zoning 
5900
Interior Features
Cooling 
Central AirCeiling Fan(s)Electric
Flooring 
Ceramic TileHardwoodTileWood
Heating 
CentralElectric
Window Features 
Blinds
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Exterior Features
Construction Details 
Block
Exterior 
Balcony
Frontage 
78
Lot Features 
Waterfront
Pool Features 
None
Roof 
FlatTile
Waterfront 
Yes
Waterfront Features 
Canal FrontNavigable WaterOcean Access
Windows/Doors 
Blinds
Community Features
Financing Terms Available 
CashConventionalVA Loan
HOA Fee Frequency 
Annually
MLS Area 
41
Listing courtesy of Compass Florida, LLC

The data relating to real estate for sale on this web site comes in part from the Miami Association of Realtors, Realtor Association of Greater Ft. Lauderdale, and the South Broward Board of Realtors. Information is deemed reliable but not guaranteed. Copyright © 2026, Miami Association of Realtors, Realtor Association of Greater Ft. Lauderdale, and the South Broward Board of Realtors. All rights reserved. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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