Just Reduced | Coral Gables Waterfront Investment Property

For Sale
4851 University Drive
Coral Gables, FL 33143

Multi-Family Waterfront Opportunity!

FOR SALE: $1,450,000

DEVELOP OR PURCHASE AS AN INCOME PRODUCING PROPERTY
Luxury townhomes on Coral Gables waterway fully approved by the City of Coral Gables and ready to build tomorrow! Plans are approved for two luxury townhomes on an 11,110 sq. ft lot which includes 5 bedrooms, 5 bathrooms, 3,768 sq. ft., private pool and private docks already approved by DERM. This property is within walking distance to Riviera Country Club, Doctors Hospital and the University of Miami.

The homes will feature modern architecture and 75 ft. of waterfront with ocean access. A spacious outdoor area to entertain your guests’ dockside. An open floor plan that includes one bedroom downstairs and four bedrooms upstairs, 12-foot ceilings and huge walk-in closets.

-Two townhomes
-Waterfront
-11,110 sq. ft. lot
-Plans approved by City of Coral Gables
-Two boat docks approved by DERM
-Walking distance to Riviera Country Club, Doctors Hospital and University of Miami
-Current duplex can also be used as an income producing property