Apt: 4855
Coral Gables, FL 33146

Property

Ownership: Corporation
Type: Condo
Bedrooms: 8 BR
Bathrooms: 4
Pets: Pets Allowed

Financials

Price:$2,800,000
Annual Taxes:$27,808
888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Listing Courtesy of Compass Florida, LLC

Waterfront Redevelopment Opportunity of a dual unit building on Waterway.

This rare property features two condo units within one structure on an oversized lot, offering exceptional potential for redevelopment into a bespoke

Description

Waterfront Redevelopment Opportunity of a dual-unit building on Waterway. Investor-focused opportunity along the prestigious Coral Gables Waterway. This distinctive offering includes two condo units sold together as a single building, positioned on an oversized waterfront lot ideal for redevelopment, renovation, or the creation of a bespoke luxury residence with potential for dock(s) and boating structures. The square footage shown reflects one unit; the total building size is 3,726 SF, providing exceptional scale for reconfiguration or expansion. Surrounded by high-end homes in a quiet residential enclave, the property offers direct water frontage and compelling long-term value. Currently income-producing with leases in place, buyers can offset holding costs while planning, designing, and permitting a future vision. Opportunities with this size, flexibility, and premier location are increasingly scarce. Ideal for an end-user, builder, or investor seeking a signature waterfront estate defined by privacy, seamless indoor-outdoor living, and timeless architectural appeal. Note: Two folio numbers; sale includes Folio #03-4119-020-0010. MLS A11953185.

Amenities

  • Balcony
  • BedroomOnMainLevel
  • Blinds
  • CableAvailable
  • Canal
  • CanalAccess
  • Dishwasher
  • Dryer
  • ElectricRange
  • ElectricWaterHeater
  • ExteriorLighting
  • FamilyDiningRoom
  • FirstFloorEntry
  • FixedBridge
  • MainLivingAreaUpperLevel
  • Microwave
  • OceanAccess
  • Refrigerator
  • SecondFloorEntry
  • SmokeDetectors
  • Washer

Neighborhood

More listings:

Long Island MLS

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.