23 Majorca Ave

Coral Gables, FL 33134

$1,975,000

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Beds: 8
Baths: 4
Sq ft: 4,200
Year built: 1949
Price per sq ft: $470

Listing courtesy of John Weston, Maddux & Company

About this home

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.

Details

Property

Type: Single Family Residence
Style: Attached, Half Duplex, Two Story
Building: R30-No Pool/No Water
Year built: 1949
Lot size: 5,640 sq ft
Building name: CORAL GABLES SEC L
Subdivision: CORAL GABLES SEC L
County: Miami-Dade County
Faces: South
Flood zone: X

Interior

Appliances: Other Equipment/Appliances
Flooring: Wood
Cooling: Central Air
Heating: Central
Features: First Floor Entry, Second Floor Entry

Exterior and parking

Parking: On Street
Construction: Stucco
Roof: Barrel Roof

Community and fees

Annual taxes: $21,045
Terms: All Cash, Conventional

Neighborhood

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The data relating to real estate for sale or lease on this website comes in part from the Internet Data Exchange (IDX) program of MIAMI REALTORS® MLS. Listings are provided by participating brokers.

Information is deemed reliable but is not guaranteed and should be independently verified. It is subject to change and is provided for consumers’ personal, non-commercial use only, to identify properties they may be interested in. Listing last updated October 10, 2026.