23 Majorca Avenue, Coral Gables, FL 33134
$1,975,000 · Active
- 8 beds
- 4 baths
- 4,200 sq ft
- Single Family Residence
- Built 1949
- Lot 5,662.8 sq ft
- Miami-Dade County
- MLS# A12103363
- Coral Gables Sec L
About this home
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.
Features
- Other
Schools
- Elementary: Coral Gables Preparatory Academy
- High: Coral Gables
Presented by
BreakThru Realty · (786) 914-1017
Courtesy of
Maddux & Company · mls@madduxco.com · Listing agent: John S Weston
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Schedule a showing
Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to see 23 Majorca Avenue.
Questions About 23 Majorca Avenue
- How much is 23 Majorca Avenue?
- 23 Majorca Avenue is listed at $1,975,000, which is about $470 per square foot. The listing page shows comparable active listings and recent closed sales nearby so you can judge the asking price against what buyers have actually paid.
- What are the property taxes on 23 Majorca Avenue?
- The listing reports annual property taxes of $21,045 for 2025. Taxes are reassessed at the sale price after a purchase, so a new owner's bill can differ from the current owner's; use the mortgage calculator on this page for an estimate.
- When was 23 Majorca Avenue built?
- 23 Majorca Avenue was built in 1949. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.
- How long has 23 Majorca Avenue been on the market?
- 23 Majorca Avenue has been listed for 10 days. Days on market and price changes are the first signals of how much room there is to negotiate.
- Which schools serve 23 Majorca Avenue?
- The MLS lists Coral Gables Preparatory Academy (elementary), Coral Gables (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.
- How do I see 23 Majorca Avenue?
- Request a showing from this page or call BreakThru Realty and a licensed agent will arrange a private tour, in person or by video, and answer anything the listing leaves out.
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The 3 bedroom home at 430 Candia Avenue, Coral Gables, FL 33134 is comparable and listed for sale at $1,975,000. Another comparable home, 1147 Sorolla Avenue, Coral Gables, FL 33134, sold for $2,005,000 in September 2026. Other Coral Gables neighborhoods include Gables by the Sea and Deering Bay. Nearby ZIP codes include 33146 and 33133. This property also neighbors Coconut Grove, Brickell, and Miami. Compare it with the Coral Gables housing market report.