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Single Family Residence
23 Majorca Ave
23 Majorca Ave, Coral Gables FL 33134 Get directions
$1,975,000
8 Beds · 4 Baths · 4,200 SqFt
See estimated monthly costThis listing is courtesy of Maddux & Company. John Weston
Overview
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.
Facts & features
Interior
- Living area (sq ft)
- 4,200
- Full bathrooms
- 4
- First Floor Entry
- Second Floor Entry
- Other
Building & exterior
- Year built
- 1949
- Lot size (sq ft)
- 5,640
- Other
- On Street
HOA (homeowners association)
- No Restrictions
Taxes
- Annual tax
- $21,045
- Tax year
- 2025
- Parcel number
- 03-41-08-007-0350
Listing
- MLS number
- A12103363
- Property type
- Single Family Residence
- Price per SqFt
- $470
- Subdivision
- CORAL GABLES SEC L
- On market since
- Oct 8, 2026
- Days on market
- 0
Estimated monthly cost
$13,222 per month
- Principal & interest (30 yr)
- $9,987
- Property tax
- $1,754
- Insurance (estimated)
- $1,481
An estimate for comparison only — not a loan offer, a quote, or a commitment to lend. Actual taxes, insurance and financing terms will differ.
Location
Nearby schools
- Coral Gables Preparatory Academy MLC
- Coral Gables Preparatory Academy
- Crystal Academy Primary School Caps Intern
- Vanguard Children''s Academy
- Lindamood Bell Learning Processes
- Jose Marti School 3rd Campus
- Gables Montessori School
- The Growing Place
- Banyan Day School
- Auburndale Elementary PLC-H1
- Brito Miami Private School
- Auburndale Elementary
Similar homes nearby
Active listings within two miles, with a comparable size and price.
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