Duplex in 4801 University Dr Coral Gables for sale with MLS# A11895863

Rare Coral Gables Waterfront Multi-Family Opportunity! Situated on an oversized waterfront lot, this unique property is currently configured as a duplex and fully leased, offering immediate income potential. Located in one of South Florida's most prestigious neighborhoods in close proximity to The University of Miami, this property combines the charm of Coral Gables with the flexibility of future development possibilities. Whether you're seeking steady rental income, planning to redevelop into a luxury residence or expand its multi-family use, the location & lot size make this a standout investment. Properties like this rarely come to market-don't miss your chance to own a prime piece of Coral Gables real estate with water access & endless potential. This property is not in a flood zone.

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Days on the market

4801 University Dr, Coral Gables, FL 33146

Price
Price:
$3,149,000.00
Previous Asking Price:
$3,499,000.00
Original List Price:
$3,499,000.00
Lease Details
Rent Includes:
Trash Collection, Gardener
Property Status and Type
Listing Type:
For Sale
Status:
Active Under Contract (An offer has been accepted, considering Backup Offers)
Contingency:
Backup Contract/Call LA
Special Sale Conditions:
Listed As Is
Listing Category:
Residential Income (Multifamily 2-4)
Property Type:
Duplex
MLS Number:
A11895863
Description of Last Important Update:
Active Under Contract (An offer has been accepted, considering Backup Offers)
Last Major Update on:
February 23, 2026 3:57 pm
Measures
Living Area:
3,740 Sqft
Built-Up Area:
3,740 Sqft
Lot Size Unit:
Square Feet
Lot Features:
Sprinkler System, Quarter To Half Acre Lot
Property Features
Waterfront:
Yes
Waterfront Features:
Canal Front
Frontage Length:
80
Spa
Air Conditioning
Air Conditioning System:
Central Air
Heating
Heating System:
Central
Water Access Description:
Private Dock
Construction
Year Built:
1958
Year Built Details:
Resale
Roof:
Barrel
Levels:
Two
Construction Materials:
Block
Flooring:
Tile, Wood, Other, Hardwood
Stories:
2
Taxes and Expenses
Tax Annual Amount:
$29,224.00
Tax Year:
2024
Property Tax Status:
Tax Reflects City & County Tax
Parking
Parking Total Spaces:
6
Covered Spaces:
0
Utilities
Sewer:
Septic Tank
Utilities Available:
Cable Available
Water Source:
Public
Community
Subdivision Name:
C G RIVIERA SEC PART 4
Senior Community:
No
Terms
Documents Available:
Survey, Lease
Listing Terms Considered by Seller:
Conventional, Other
Occupant Type:
Tenant
Buyer Possession:
Closing And Funding
Lease Considered:
No
Zoning and Legal
Tax Legal Description:
19 54 41 PB 25-47 C GABLES RIVIERA SEC PART 4 LOT 29 & PT OF UNDUG W/W LYG ADJ THERETO BLK 56 LOT SIZE 81.520 X 190 OR 17503-2905 0197 1
Real Estate Folio Number (Parcel Number):
03-41-19-006-0290
Zoning Description:
5900
Listing History
Originally published on:
October 16, 2025 5:40 pm
Active on the market since:
October 16, 2025
Price change occurred on:
February 20, 2026 4:31 pm
Listing Status Last Changed On:
February 23, 2026 3:57 pm
Photos updated on:
January 18, 2026 10:01 pm
Last Modified:
April 1, 2026 4:17 pm
Additional Information
Flood Zone:
AE, X
Type of Association:
None
Style:
Duplex
Municipal Code:
3
Subdivision Number:
6
Courtesy of:
BHHS EWM Realty
Attribution:
Not provided
Location
Street Name:
University Dr
Street Number:
4801
City:
Coral Gables
State:
Florida
Zip Code:
33146
County:
Miami-Dade
Latitude:
N25° 43' 36.3''
Longitude:
W81° 43' 38.1''
Property Map

Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $124,712
Median Home Value $1,141,800
Median Rent $2,774/mo
Median Age 22
Population 18,861

Air Quality

Source: AirNow.gov · Miami

🌬️ Air Quality Index (AQI) 50 Good
☀️ O3 50 Good
🫁 PM2.5 50 Good

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Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information 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. Data is deemed reliable but is not guaranteed by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.