4855 UNIVERSITY DR #4855, Coral Gables
$2,800,000 USD 8 4
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| Address | 4855 UNIVERSITY DR #4855, Coral Gables |
| Building Name | GABLES RIVIERA ON WATER |
| Type of Property | Condominium |
| Price | $2,800,000 |
| Property Status | Active |
| MLS Number | A11956625 |
| Bedrooms Number | 8 |
| Full Bathrooms Number | 4 |
| Living Area | 1863 |
| Year Built | 1962 |
| Folio Number | 03-41-19-020-0020 |
| Days on Market | 1 |
Detailed Description: 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 sq.ft, 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
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Address Information
| State | Florida |
| City | Coral Gables |
| County | Miami-Dade County |
| Zip Code | 33146 |
| Address | 4855 UNIVERSITY DR |
| Section | 19 |
| Zip Code (4 Digits) | 1152 |
Financial Information
| Price | $2,800,000 |
| Price per Foot | $0 |
| Folio Number | 03-41-19-020-0020 |
| Association Fee Paid | Annually |
| Tax Amount | $27,808 |
| Tax Year | 2025 |
| Possession Information | Funding |
Full Descriptions
| Detailed Description | 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 sq.ft, 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 |
| Property View | Canal |
| Water Access | Other, Other Water Access |
| Waterfront Description | Canal Width 1-80 Feet, Fixed Bridge (S), Ocean Access |
| Floor Description | Ceramic Floor, Tile, Wood |
| Interior Features | First Floor Entry, Second Floor Entry |
| Exterior Features | Other, Open Balcony |
| Equipment Appliances | Dishwasher, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Washer |
| Amenities | Exterior Lighting |
| Cooling Description | Central Air, Electric |
| Heating Description | Central, Electric |
| Parking Description | 2 Or More Spaces |
| Pet Restrictions | Restrictions Or Possible Restrictions |
Property parameters
| Bedrooms Number | 8 |
| Full Baths Number | 4 |
| Balcony Includes | 1 |
| Living Area | 1863 |
| Year Built | 1962 |
| Type of Property | Condominium |
| Building Name | GABLES RIVIERA ON WATER |
| Development Name | CORAL GABLES RIVIERA SEC,GABLES RIVIERA |
| Construction Type | CBS Construction |
| Listed with | Compass Florida, LLC |