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$ 2,800,000
Est. payment | /mo
8 Beds
4 Baths
1,863 SqFt
$ 2,800,000
Est. payment | /mo
8 Beds
4 Baths
1,863 SqFt
Key Details
Property Type Condo
Listing Status Active
Purchase Type For Sale
Square Footage 1,863 sqft
Price per Sqft $1,502
MLS Listing ID 11641399
Bedrooms 8
Full Baths 4
Year Built 1962
Annual Tax Amount $27,808
Tax Year 2025
Property 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 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.
Location
State FL
County 12086
Rooms
Dining Room 0
Kitchen 0
Exterior
Garage 1
Building
Structure Type Masonry - Concrete Block
Others
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11956625
Nearby Locations
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Wally Kerr
Broker | License ID: 83230