How much is 4851 University Drive?

4851 University Drive is listed at $2,800,000, which is about $751 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 4851 University Drive?

The listing reports annual property taxes of $27,808 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 4851 University Drive built?

4851 University Drive was built in 1962 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 4851 University Drive been on the market?

4851 University Drive has been listed for 24 days. Days on market and price changes are the first signals of how much room there is to negotiate.

Is 4851 University Drive waterfront?

Yes. The listing describes the water as ocean access other canal front navigable water. 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 4851 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 4851 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.

4851 University Drive, Coral Gables, FL 33146

$2,800,000 · Closed

0 baths
3,726 sq ft
Duplex
Built 1962
MLS# A11953185
Coral Gables Riviera Sec

Photo 1 at 4851 University Drive, Coral Gables

Photo 2 at 4851 University Drive, Coral Gables

Photo 3 at 4851 University Drive, Coral Gables

Photo 4 at 4851 University Drive, Coral Gables

Photo 5 at 4851 University Drive, Coral Gables

Photo 6 at 4851 University Drive, Coral Gables

Photo 7 at 4851 University Drive, Coral Gables

Photo 8 at 4851 University Drive, Coral Gables

About this home

Rare waterfront opportunity along the Coral Gables Waterway. This unique offering consists of two condo units within a single structure, positioned on an oversized waterfront site ideal for redevelopment into a bespoke luxury residence. And the addition or dock(s) and boating structures. The property offers direct water frontage in a quiet residential enclave surrounded by high-end homes, presenting exceptional long-term value in one of Coral Gables’ most prestigious neighborhoods. Currently income-producing with leases in place, allowing a buyer to offset holding costs while planning, designing, and permitting a future redevelopment. Opportunities of this scale, orientation, and flexibility are increasingly scarce. Ideal for a luxury end-user builder or buyer seeking to create a one-of-a-kind waterfront home with privacy, indoor-outdoor living, and enduring architectural appeal. NOTE THERE ARE 2 FOLIO NUMBERS THE SALE INCLUDES FOLIO #03-4119-020-0020. DO NOT DISTURB THE TENANTS

Features

Balcony
Ocean Access
Other
Canal Front
Navigable Water

Schools

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

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Compass Florida, LLC · Listing agent: Pilar Aparicio

Schedule a showing

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to see 4851 University Drive.

Questions About 4851 University Drive

How much is 4851 University Drive?: 4851 University Drive is listed at $2,800,000, which is about $751 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 4851 University Drive?: The listing reports annual property taxes of $27,808 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 4851 University Drive built?: 4851 University Drive was built in 1962 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 4851 University Drive been on the market?: 4851 University Drive has been listed for 24 days. Days on market and price changes are the first signals of how much room there is to negotiate.
Is 4851 University Drive waterfront?: Yes. The listing describes the water as ocean access other canal front navigable water. 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 4851 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 4851 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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3300 Segovia Street, Coral Gables, FL 33134 · $3,000,000 · 0 ba · 3,129 sq ft
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4801 University Drive, Coral Gables, FL 33146 · Sold $2,900,000 · 0 ba · 3,740 sq ft

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The home at 3300 Segovia Street, Coral Gables, FL 33134 is comparable and listed for sale at $3,000,000. Another comparable home, 4801 University Drive, Coral Gables, FL 33146, sold for $2,900,000 in April 2026. Other Coral Gables neighborhoods include Cocoplum and Gables Estates. 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.