Basic Information

  • MLS # A12103363
  • Type Single Family Residence
  • Status Active
  • Subdivision/Complex Coral Gables Sec L
  • Year Built 1949
  • Total Sqft 5,640
  • Date Listed 10/08/2026
  • Days on Market 0
Description

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.

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • View Other
  • Construction Type Stucco
  • Parking Description On Street
  • Exterior Features Other
  • Roof Description Barrel
  • Style Single Family Residence

Interior Features

  • Adjusted Sqft 4,200Sq.Ft
  • Cooling Description Central Air
  • Equipment Appliances Other
  • Floor Description Hardwood, Other, Wood
  • Heating Description Central
  • Interior Features Second Floor Entry, First Floor Entry, Other
  • Sqft 4,200Sq.Ft

Property Features

  • Address 23 Majorca Ave
  • Aprox. Lot Size 5,640
  • Architectural Style Two Story, Duplex
  • City Coral Gables
  • Construction Materials Stucco
  • County Miami- Dade
  • Direction Faces South
  • Furnished Info no
  • Levels Two
  • Listing Terms Cash, Conventional, Other
  • Lot Features Less Than Quarter Acre
  • Occupant Type Tenant
  • Parking Features On Street
  • Pool Features None
  • Possession Close Of Escrow, Subject To Tenant Rights
  • Postal City Coral Gables
  • Public Survey Section Two
  • Public Survey Township 3
  • Roof Barrel
  • Sewer Description Public Sewer
  • Stories 2
  • HOA Fees $0
  • Subdivision Complex
  • Subdivision Info Coral Gables Sec L
  • Tax Amount $21,045
  • Tax Legal desc CORAL GABLES SEC L PB 8-85 LOT 20 BLK 5 LOT SIZE SITE VALUE OR 21313-1661/21525-1059 0403 1
  • Tax Year 2025
  • Terms Considered Cash, Conventional, Other
  • Type of Property Single Family Residence
  • View Other
  • Water Source Public
  • Year Built Details Unknown

23 Majorca Ave

Coral Gables, FL 33134

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