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23 Majorca Avenue

Coral Gables FL 33134

8
4
4200 sq. ft.
5640 sq. ft.
Single-Family
Currently for sale - view listing

Overview

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.

Features

8 bedrooms
4 bathrooms
4200 sq. ft. floor area
5640 sq. ft. lot size
Single-Family

Property history for 23 Majorca Avenue

2011
Sold
$530,000
20 Apr 2011 by John U. Darden, of Unknown Agency

Happy sellers in Coral Gables

63%
63% of sellers in Coral Gables reported that their sale price either exceeded or met their price expectations.

Coral Gables stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 8 reviews in Coral Gables over the last 12 months.

Local market activity for 8 bedroom single-family properties in Coral Gables

In the last 12 months, 1 eight-bedroom single-family similar to 23 Majorca Avenue, have been sold.

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