4855 University Dr 4855, Coral Gables, 33146. MLS #A11956625

Property details

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.