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$1,975,000 Just Listed
Property 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.
Full Property Details
Full Property Details for 23 Majorca Ave
General
- Price: $1,975,000
- Taxes: $21,045 (2025)
- Status: Active
- Type: Single Family
- Source: Greater_Miami
- MLS ID: A12103363
- Updated: 10/8/2026
- Added to Site: 2 day(s) ago
Interior
- Interior Features: First Floor Entry, Second Floor Entry, Other
- Appliances: Other Equipment/Appliances
- Flooring: Other, Wood
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 8
- Bedroom Features: Other
Other Rooms
- Living Room: Other Sq. Ft.
Exterior
- Exterior Features: Other
Parking
- Parking Features: On Street
Location
- Area: Coral Gables Sec L
- County: Miami-Dade County
- Subdivision: CORAL GABLES SEC L
- Building Name: CORAL GABLES SEC L
- Driving Directions: 23 Majorca Avenue, Coral Gables, FL
- Direction Faces: South
Community
- Community Name: Coral Gables Sec L
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Municipal Water
Structural Information
- Architectural Style: Attached, Half Duplex, Two Story
- Structure Type: R30-No Pool/No Water, House
- Detached/Attached: Attached
- Construction: Stucco
- Roof: Barrel Roof
- Building Size: 4200
- Square Feet: 4,200
- Living Area: 4,200 Sq. Ft.
- Year Built: 1949
Lot Features
- Property View: Other
- Lot Size (Sq. Ft.): 5,640
- Lot Features: Less Than 1/4 Acre Lot
- Zoning: 3801
Financial Considerations
- Price Per Sq. Ft.: $470.24
- Tax Amount: $21,045
- Tax Year: 2025
- Terms: All Cash, Conventional
Disclosures and Reports
- Legal Description: CORAL GABLES SEC L PB 8-85 LOT 20 BLK 5 LOT SIZE SITE VALUE OR 21313-1661/21525-1059 0403 1
- Restrictions: No Restrictions
- Property ID: 03-41-08-007-0350
Listed by Maddux & Company and PMG Residential LLC
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Schools
Schools serving 23 Majorca Ave
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Coral Gables Preparatory Academy 105 Minorca Avenue, Coral Gables, FL 33134 | PK-5 | 0.2 mi |
Ponce De Leon Middle School 5801 Augusto Street, Coral Gables, FL 33146 | 6-8 | 2.9 mi |
Coral Gables Senior High School 450 Bird Road, Coral Gables, FL 33146 | 9-12 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 23 Majorca Ave
Date
Details
Price
Change
Source
10/08/2026
Listed
$1,975,000
272.64%
MLS
4/19/2011
Sold
$530,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 23 Majorca Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$21,922
12%
$1,127,454
—
2024
$19,630
6%
$1,129,961
2%
2023
$18,547
26%
$1,112,213
44%
2021
$14,769
-10%
$770,068
-18%
2022
$16,411
10%
$943,013
24%
2019
$14,860
8%
$762,731
10%
2018
$13,701
13%
$693,392
8%
2017
$12,165
6%
$643,123
12%
2016
$11,480
7%
$573,052
10%
2015
$10,731
11%
$520,957
10%
2014
$9,696
-1%
$473,598
-1%
2013
$9,746
—
$476,902
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 23 Majorca Ave
23 Majorca Ave, Coral Gables, FL 33134 (MLS# A12103363) is a Single Family property with 8 bedrooms and 4 full bathrooms. 23 Majorca Ave is currently listed for $1,975,000 and was received on October 08, 2026. Want to learn more about 23 Majorca Ave? Do you have questions about finding other Single Family real estate for sale in Coral Gables? You can browse all Coral Gables real estate or contact a Coldwell Banker agent to request more information.
