$1,975,000
23 Majorca Ave, Coral Gables FL 33134
23 days on market
- Bedrooms
- 8
- Bathrooms
- 4
- Living area
- 4,200 sqft
- Price per sqft
- $470
- Type
- Single Family Residence
- Year built
- 1949
- Taxes
- $21,045/yr
- MLS #
- A12103363
About this home
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.
Estimated subtotal
$1,754/mo
- Principal and interestThe current market rate is not available right now. Enter the rate your lender quoted.
- Not included
- Property taxMLS 2025 annual tax, shown monthly
- $1,754
- HOANot in the MLS record
- Not included
The current market rate is not available right now. Enter the rate your lender quoted.
Estimate. Jumbo and investor loans are often priced differently; verify with your lender. Property tax is the seller's current bill and may be reassessed after purchase. Items marked Not included are not in this total.
Is this the right price?
We send written comps, the full cost of owning it and an offer strategy before you tour or offer.
The neighborhood
Coral Gables, 33134
Listing courtesy of Maddux & Company
Listing data provided by the Miami Association of Realtors MLS, deemed reliable but not guaranteed.