Home in 23 Majorca Avenue, Coral Gables, FL 33134 for sale with MLS# A12103363
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. PMG and Maddux & Co. are pleased to present 23 Majorca Avenue, a beautifully appointed four-unit free-standing building positioned just steps from the Miracle Mile / Giralda Avenue corridor in the heart of Coral Gables. The property offers a rare opportunity to acquire a fully occupied fourplex with charming curb-appeal, functional layouts, and value-add potential in one of South Florida's most desirable submarkets, where new multifamily construction is virtually nonexistent due to zoning and land constraints.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.
23 Majorca Avenue, Coral Gables, FL 33134
- Price:
- $1,975,000.00
- Original List Price:
- $1,975,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $470.23
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Residential
- Property Type:
- Single Family House
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- October 8, 2026 4:00 am
- Bedrooms:
- 8
- Bathrooms Total:
- 4
- Full Bath:
- 4
- Room Type:
- Other
- Master Bedroom Bath:
- Other
- Living Area:
- 4,200 Sqft
- Built-Up Area:
- 4,200 Sqft
- Lot Area:
- 5,640 Sqft
- Lot Size Dimensions and Info:
- 5640
- Lot Size Acres:
- 0.13
- View from the Property:
- Other
- Waterfront:
- No
- Appliances:
- Other
- Exterior:
- Other
- Air Conditioning
- Air Conditioning System:
- Central Air
- Heating
- Heating System:
- Central
- Property Entrance Faces:
- South
- Other Equipment:
- Other
- Year Built:
- 1949
- Roof:
- Barrel
- Levels:
- Two
- Construction Materials:
- Stucco
- Flooring:
- Wood, Other
- Number of stories:
- 2
- Structure Type:
- Duplex
- Flood Zone Code:
- X
- Tax Annual Amount:
- $21,045.00
- Tax Year:
- 2025
- Garage Spaces:
- 0
- Covered Spaces:
- 0
- Parking Features:
- On Street
- Sewer:
- Public Sewer
- Water Source:
- Public
- Subdivision Name:
- CORAL GABLES SEC L
- Senior Community:
- Yes
- Restrictions:
- No Restrictions
- Listing Terms Considered by Seller:
- Cash, Conventional, Other
- Buyer Possession:
- Subject To Tenant Rights, Close Of Escrow
- Tax Legal Description:
- CORAL GABLES SEC L PB 8-85 LOT 20 BLK 5 LOT SIZE SITE VALUE OR 21313-1661/21525-1059 0403 1
- Real Estate Folio Number (Parcel Number):
- 0341080070350
- Zoning:
- 3801
- Elementary School:
- San Antonio-po
- High School:
- Coral Gables
- Active on the market since:
- October 8, 2026
- Listing Agreement executed on:
- October 8, 2026
- Listing Status Last Changed On:
- October 8, 2026 4:00 am
- Photos updated on:
- October 10, 2026 10:41 am
- Last Modified:
- October 10, 2026 1:02 pm
- Courtesy of:
- Maddux & Company
- Attribution:
- Not provided
- Street Name:
- Majorca
- Street Number:
- 23
- City:
- Coral Gables
- State:
- Florida
- Zip Code:
- 33134
- County:
- Miami-Dade
- Latitude:
- N25° 45' 19.9''
- Longitude:
- W81° 44' 39.1''
- Street Suffix:
- Avenue
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Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Ver la propiedad 23 Majorca Avenue, Coral Gables, FL 33134
