$1,975,000
Single Family ResidenceActive23 Majorca Ave, Coral Gables FL 33134
MLS #A12103363About This Property
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.
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About Coral Gables
Coral Gables is 'The City Beautiful,' a meticulously planned community founded in the 1920s and protected by strict architectural review ever since. Mediterranean Revival villas, canopied streets, the Biltmore Hotel, the Venetian Pool, and the Miracle Mile shopping corridor define the city. Residents include academic leaders from the University of Miami, international business owners, and families drawn to top schools and civic stability.
Property Details
Property Type
Single Family Residence
Year Built
1949
Living Area
4,200 sq ft
Lot Size
5,640 sq ft
Bedrooms
8
Bathrooms
4
Pool
No
Waterfront
No
Cooling
Central Air
Heating
Central
Roof Type
Barrel Roof
Flooring
Other, Wood
Construction
Stucco
Style
Attached, Half Duplex, Two Story
HOA Fee
None
Annual Taxes
$21,045 (2025)
Days on Market
0
MLS #
A12103363
Features & Amenities
Interior
Appliances
Exterior
Community
Other
Nearby Schools
Assigned public schools pulled from Miami-Dade County Public Schools’s official attendance-boundary data. Verify current boundaries with MDCPS before buying — zones can change year to year.
School data source: Miami-Dade County Open Data Hub
Location
City
Coral Gables
State
FL
ZIP Code
33134
County
Miami-Dade County
Subdivision
CORAL GABLES SEC L
Listing provided by John Weston at Maddux & Company. Data from Miami Association of REALTORS®. All information deemed reliable but not guaranteed. Listing #A12103363.