$1,975,000
23 Majorca Ave, Coral Gables FL 33134, CORAL GABLES SEC L, Coral Gables
Overview
8 bd · 4 ba · 4,200 sq ft
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.
Amenities & features
Interior
- First Floor Entry
- Second Floor Entry
Appliances
- Other Equipment/Appliances
Flooring
- Wood
Parking
- On Street
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