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MLS ID: A11953185
List price: $ 2 800 000
Sold price: $ 2 800 000
Status: Closed
Listing date: 02/01/2026
Closing date: 04/10/2026
Days on market: 68
Sold price per unit of area: $ 751 /sqft

4851 University Dr, Coral Gables

#MLS: A11953185
$ 2 800 000
4851 University Dr, Coral Gables — A11953185

Property details and amenities

Listing date02/01/2026
CityCoral Gables, FL 33146
Address4851 University Dr
Area3726 sqft
Tax/year$ 27 808
Built year1962
WaterfrontYes

Property description

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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4851 University Dr, Coral Gables, FL 33146 · MLS# A11953185

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