23 Majorca Ave, Coral Gables, FL 33134
As of , this 8 bedroom, 4 bath home is for sale at $1,975,000 ($470 per sq ft). It was listed on .
MLS data updated .
Key facts
- Type
- Home
- Year built
- 1949
- Property tax
- $21,045 (2025)
- View
- Other
- Waterfront
- No
- Cooling
- Central Air
- Heating
- Central
- MLS number
- A12103363
Listing information
Listing courtesy of Maddux & Company, 305-264-9661, mls@madduxco.com
Listing agent: John S Weston, mls@madduxco.com
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Listing information is provided for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify homes consumers may want to buy or rent.
Listing last changed .
From the listing
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.
The text above is the listing description from the MLS, as written by the listing agent.
The Coral Gables market
As of , the median asking price in Coral Gables is $1,899,000, or $949 per sq ft, across 309 listings for sale. The median listing for sale there has been on the market for 76 days.
Price and status history
- Listing date
- Days on market
- 12
- Original list price
- $1,975,000
- Price changes
- 0
| Date | Event | Price |
|---|---|---|
| Listed | $1,975,000 |
From the MLS. RealVista does not show sold prices.