23 Majorca Avenue
Coral Gables, FL 33134
MLS # A12103363· Active IDX
$1,975,000
- Bedrooms
- 8
- Bathrooms
- 4
- Living area
- 4,200 sq ft
- Lot size
- 0.13 acres
- Year built
- 1949
- Type
- Single Family Residence
- Days on market
- 27
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. PMG and Maddux & Co. are pleased to present 23 Majorca Avenue, a beautifully appointed four-unit free-standing building positioned just steps from the Miracle Mile / Giralda Avenue corridor in the heart of Coral Gables. The property offers a rare opportunity to acquire a fully occupied fourplex with charming curb-appeal, functional layouts, and value-add potential in one of South Florida's most desirable submarkets, where new multifamily construction is virtually nonexistent due to zoning and land constraints.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
| MLS # | A12103363 |
|---|---|
| Status | Active |
| Subdivision | Coral Gables Sec L |
| County | Miami-Dade |
| ZIP | 33134 |
| View | Other |
| Waterfront | No |
| Private pool | No |
| Garage spaces | 0 |
| Construction | Stucco |
| Roof | Barrel |
| Flooring | Other, Wood |
| Heating | Central |
| Cooling | Central Air |
| Appliances | Other |
| Exterior features | Other |
| Water | Public |
| Sewer | Public Sewer |
| Annual taxes | $21,045 |
Listing courtesy of Maddux & Company, John S Weston. Last updated Oct 31, 2026, 12:53 AM ET.
Request a showing
Mention MLS # A12103363 (23 Majorca Avenue) and when you would like to visit. A licensed real-estate professional will contact you.
Licensed brokerage
Premier Real Estate Group Inc
Broker of record Maxim Bohadana, Florida broker license BK3314523
(888) 440-3766The data relating to real estate for sale on this website comes in part from the IDX Program of BeachesMLS, Inc. Information is deemed reliable but not guaranteed. Listings held by brokerages other than Premier Real Estate Group Inc are marked with the IDX logo and detailed information about them includes the name of the listing broker. Last updated Oct 31, 2026, 12:53 AM ET.