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Remarks:Waterfront Redevelopment Opportunity of a dual-unit building on Waterway. Investor-focused opportunity along the prestigious Coral Gables Waterway. This distinctive offering includes two condo units sold together as a single building, positioned on an oversized waterfront lot ideal for redevelopment, renovation, or the creation of a bespoke luxury residence with potential for dock(s) and boating structures. The square footage shown reflects one unit; the total building size is 3,726 SF, providing exceptional scale for reconfiguration or expansion. Surrounded by high-end homes in a quiet residential enclave, the property offers direct water frontage and compelling long-term value. Currently income-producing with leases in place, buyers can offset holding costs while planning, designing, and permitting a future vision. Opportunities with this size, flexibility, and premier location are increasingly scarce. Ideal for an end-user, builder, or investor seeking a signature waterfront estate defined by privacy, seamless indoor-outdoor living, and timeless architectural appeal. Note: Two folio numbers; sale includes Folio #03-4119-020-0010. MLS A11953185. |
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Unit:4855 |
MLS #:A11956625 |
Price:$2,800,000 |
Status: Active |
Square Footage: 1,863 ft2 (173.1m2) |
County: Miami-Dade County |
Price Per Foot:$1,503 Per Square Foot ($16,185 Per Square Meter) |
Listing Date:Feb 01, 2026 |
Bedrooms:8 |
Year Built:1962 |
Bathrooms:4 |
Waterfront: |
Taxes: $27,808 Per Year |
Maintenance: Not Available |
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