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23 Majorca Ave, Coral Gables FL 33134

House For Sale
$1,975,000

BTC: 24.65098573

ETH: 812.08881579

6 days
8 bds
4 ba
4,200 sqft

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.

Location

Florida • Coral Gables • 33134 • House • For Sale

Details

Type:
Residential
Parking:
On Street
Year Built:
1949
Lot:
5640 Square Feet
Heating:
Central
Price/sqft:
$470
Cooling:
Central Air
HOA:
No Data

Valuation

Recent sales nearby
30 public-records sales within 0.5 mi
Median actual sale: $694K
Not enough MLS comparables for a model estimate on this property. Public-records data shown instead.

Highlights

Annual tax
$21,045
2025
View
Other
All facts and features

  • Flooring

    • Other

    • Wood

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Other Equipment/Appliances

    Other interior features

    • First Floor Entry

    • Second Floor Entry

    • Other

    Bedrooms and bathrooms

    • Bedrooms: 8

    • Full bathrooms: 4

  • Parking

    • On Street

    Property

    • Exterior Features: Other

    Lot

    • Lot: 5640 Square Feet

    Other Property Information

    • Parcel Number: 03-41-08-007-0350

    • Zoning: 3801

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Other financial information

    • Annual tax amount: $21,045

  • Source details

    • MLS ID: A12103363

    Other facts

    • Construction Materials: Stucco

    • Lot Features: Less Than 1/4 Acre Lot

    • Direction Faces: South

    • Architectural Style: Attached / Half Duplex / Two Story

    • Living Area: 4200

    • Water Source: Municipal Water

    • Subdivision Name: CORAL GABLES SEC L

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33134
121
median $1.4M
Active
Same city
Coral Gables
181
median $2.4M
Active
Same type
House
84
median $3.2M
Active
Similar price
$1.4M – $2.6M
30
median $2.0M
Active

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Maddux & Company