23 Majorca Ave, Coral Gables, FL 33134

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.

Property Details

Bathrooms Full

4

Interior Features

First Floor Entry, Second Floor Entry, Other

Appliances

Other Equipment/Appliances

Flooring

Other, Wood

Heating

Central

Cooling

Central Air

Architectural Style

Attached, Half Duplex, Two Story

Garage Spaces

0

Parking Features

On Street

Building & Association

Building Name

CORAL GABLES SEC L

Association

No

Lot & Construction

Lot Features

Less Than 1/4 Acre Lot

Lot Size Square Feet

5,640

Waterfront

No

View

Other

Construction Materials

Stucco

Roof

Barrel Roof

Exterior Features

Other

New Construction

No

Public Records

Parcel Number

03-41-08-007-0350

Tax Annual Amount

$21,045

Tax Year

2,025

Zoning

3801

County Or Parish

Miami-Dade County

Location