4801 University Drive, Coral Gables, FL 33146

$3,149,000 · Closed

  • 0 baths
  • 3,740 sq ft
  • Duplex
  • Built 1958
  • MLS# A11895863
  • C G Riviera Sec Part 4
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About this home

Rare Coral Gables Waterfront Multi-Family Opportunity! Situated on an oversized waterfront lot, this unique property is currently configured as a duplex and fully leased, offering immediate income potential. Located in one of South Florida’s most prestigious neighborhoods in close proximity to The University of Miami, this property combines the charm of Coral Gables with the flexibility of future development possibilities. Whether you’re seeking steady rental income, planning to redevelop into a luxury residence or expand its multi-family use, the location & lot size make this a standout investment. Properties like this rarely come to market—don't miss your chance to own a prime piece of Coral Gables real estate with water access & endless potential. This property is not in a flood zone.

Features

Schools

  • Elementary: David Fairchild
  • Middle: Ponce De Leon
  • High: Coral Gables

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

BHHS EWM Realty · Listing agent: Elena Kemper

Schedule a showing

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to see 4801 University Drive.

Questions About 4801 University Drive

How much is 4801 University Drive?
4801 University Drive is listed at $3,149,000, which is about $842 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 4801 University Drive?
The listing reports annual property taxes of $29,224 for 2024. 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 4801 University Drive built?
4801 University Drive was built in 1958 and the listing describes its condition as resale. 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 4801 University Drive been on the market?
4801 University Drive has been listed for 128 days, and the asking price has been reduced from $3,499,000. Days on market and price changes are the first signals of how much room there is to negotiate.
Is 4801 University Drive waterfront?
Yes. The listing describes the water as canal front. For a home with dockage, confirm the water depth at low tide, the seawall condition and whether the route to the inlet passes under any fixed bridges before you offer.
Which schools serve 4801 University Drive?
The MLS lists David Fairchild (elementary), Ponce De Leon (middle), 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 4801 University Drive?
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 home at 1301 Milan Avenue, Coral Gables, FL 33134 is comparable and listed for sale at $3,200,000. Other Coral Gables neighborhoods include Biltmore Section and Country Club Section. Nearby ZIP codes include 33134 and 33133. This property also neighbors South Miami, Coconut Grove, and Pinecrest. Compare it with the Coral Gables housing market report.