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$3,499,000
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Property Description
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.
Full Property Details
Full Property Details for 4801 University Dr
General
- Price: $3,499,000
- Taxes: $29,224 (2024)
- Status: Active
- Type: Duplex
- Source: Greater_Miami
- MLS ID: A11895863
- Updated: 10/16/2025
- Added to Site: 93 day(s) ago
Rental Information
- Rent Includes: Gardener, Trash Collection
Interior
- Flooring: Other, Tile, Wood
Additional Information
- Spa: Yes
Parking
- Total Spaces: 6
Location
- Area: C G Riviera Sec Part 4
- County: Miami-Dade County
- Subdivision: C G RIVIERA SEC PART 4
- Building Name: C G RIVIERA SEC PART 4
Community
- Community Name: C G Riviera Sec Part 4
- Units Assoc/Comm: 2
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Septic Tank
- Water: Municipal Water
Structural Information
- Architectural Style: Detached
- Structure Type: Duplex
- Detached/Attached: Detached
- Construction: CBS Construction
- Roof: Barrel Roof
- Stories/Levels: 2
- Building Size: 3740
- Square Feet: 3,740
- Living Area: 3,740 Sq. Ft.
- Year Built: 1958
Unit Information
- Units in Complex: 2
Lot Features
- Frontage Feet: 80
- Lot Features: 1/4 To Less Than 1/2 Acre Lot
- Zoning: 5900
Water Features
- Water Front: Yes
- Water Front Desc.: Canal Front
Financial Considerations
- Price Per Sq. Ft.: $935.56
- Tax Amount: $29,224
- Tax Year: 2024
- Terms: Conventional
Disclosures and Reports
- Documents Avail.: Deposit Held, Copy Of Lease(S), Existing Survey
- Legal Description: 19 54 41 PB 25-47 C GABLES RIVIERA SEC PART 4 LOT 29 & PT OF UNDUG W/W LYG ADJ THERETO BLK 56 LOT SIZE 81.520 X 190 OR 17503-2905 0197 1
- Inclusions: Private Dock
- Property ID: 03-41-19-006-0290
Listed by BHHS EWM Realty
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Schools
Schools serving 4801 University Dr
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
David Fairchild Elementary School 5757 Southwest 45th Street, Miami, FL 33155 | PK-5 | 1 mi |
Ponce De Leon Middle School 5801 Augusto Street, Coral Gables, FL 33146 | 6-8 | 0.7 mi |
Coral Gables Senior High School 450 Bird Road, Coral Gables, FL 33146 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4801 University Dr
Date
Details
Price
Change
Source
10/16/2025
Listed
$3,499,000
71.86%
MLS
3/25/2022
Sold
$2,036,000
—
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 4801 University Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$29,224
—
$1,597,844
1%
2023
$29,113
108%
$1,582,591
103%
2021
$14,027
-3%
$778,756
-6%
2022
$14,527
4%
$827,291
57%
2021
$14,027
54%
$526,802
2%
2019
$9,114
5%
$514,958
2%
2018
$8,721
1%
$505,357
2%
2017
$8,642
-59%
$494,963
-54%
2016
$20,898
140%
$1,087,106
126%
2015
$8,725
-1%
$481,414
1%
2014
$8,841
2%
$477,594
1%
2013
$8,687
—
$470,536
—
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 4801 University Dr
4801 University Dr, Coral Gables, FL 33146 (MLS# A11895863) is a Duplex property with 0 bedrooms and 0 full bathrooms. 4801 University Dr is currently listed for $3,499,000 and was received on October 16, 2025. Want to learn more about 4801 University Dr? Do you have questions about finding other Duplex 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.

