$1,975,000
8 bd · 4 ba · 4,200 sq ft · Single Family Residence
23 Majorca Ave, Coral Gables FL 33134
For Sale · Active listing
Est. payment $10,854/mo · Mortgage calculator
Listed by Maddux & Company / John Weston
Contact: 305-807-9614 (listing contact).
Shown through Slice Realty. Requests from this page reach Slice Realty / Propiedad Futura, not the listing agent.
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.
Facts
- MLS #
- A12103363
- Subdivision
- CORAL GABLES SEC L
- Property type
- Residential
- Property subtype
- Single Family Residence
- Sq. ft.
- 4,200
- Price per sq. ft.
- $470 / sq ft
- Year built
- 1949
- Days on market
- 2
- County
- Miami-Dade County
- Date listed
- Oct 8, 2026
- Last updated
- Oct 10, 2026
Financial considerations
- Taxes
- $21,045 (2025)
Exterior features
- Waterfront
- No
- View
- Other
- Construction
- Stucco
- Roof
- Barrel Roof
- Additional features
- Other
Interior features
- Heating
- Central
- Cooling
- Central Air
- Appliances
- Other Equipment/Appliances
- Additional features
- First Floor Entry, Second Floor Entry, Other
Additional features
- Community
- None
Mortgage calculator
Includes principal and interest, taxes and insurance.
Rate: Freddie Mac 30-year average (2026-10-22). Estimate only.
Local context (our analysis)
281 homes and condos are listed for sale in Coral Gables, at a median list price of $1,925,000 and $939 per sq ft. This home asks $470 per sq ft.
Source: Southeast Florida MLS (SEFMLS). Last updated Oct 10, 2026, 9:00 AM ET
Listing data is deemed reliable but is not guaranteed accurate by the MLS. Information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.