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$1,975,000

23 Majorca Avenue

Coral Gables, FL 33134

CORAL GABLES SEC L

Explore the area: Coral Gables homes for sale · Miami Dade County real estate

How this price compares

List price
$1,975,000
Price per sq ft
$470
Original price
Unchanged
Days on market
N/A

This 8-bedroom multi-family property in ZIP 33134 is listed at $1,975,000, or $470 per square foot.

8
Bedrooms
4
Bathrooms
4,200
Living Sq Ft
1949
Year Built

Estimated monthly payment

$10,379 /mo

Principal and interest only, based on $395,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.

Customize this estimate

Listing Snapshot

Price
$1,975,000
Days on Site
0 Days
Bedrooms
8
Total Baths
4
Full Baths
4
Living Area
4,200 sqft
Total Sq Ft
4,200 sqft
Lot Size
0.13 Acres
Year Built
1949
Property Type
Multi-Family
MLS #
A12103363
Property Tax
$21,045 (2025)
Subdivision
CORAL GABLES SEC L
County
Miami Dade
Status
Active

About This Property

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.

Virtual Tour

General Features

Property Type
Multi-Family
Status
Active
Year Built
1949
Number of Stories
2
Levels
Two
Garage Spaces
0
Parking
On Street
Direction Faces
South
Lot Size (Acres)
0.13
Living Sq Ft
4,200
Total Sq Ft
4,200
Structure Type
Duplex
Sewer
Public Sewer
Water Source
Public
Zoning
3801

Interior Features

Cooling
Central Air
Heating
Central
Flooring
Other / Wood
Interior Features
Other
Total Rooms
1

Exterior Features

Construction
Stucco
Roof
Barrel
Exterior Features
Other
View
Other

Community & HOA

Association Amenities
None
55+ Community
Yes
Financing Terms
Cash / Conventional / Other
Restrictions
No Restrictions
MLS Area
2410

Schools

Elementary School
Coral Gables Preparatory Academy
High School
Coral Gables

Browse Coral Gables homes for sale across every neighborhood and price point in Miami-Dade. Available homes span single-family, townhome, and condo segments throughout the city. Coral Gables includes gated golf communities, 55+ active adult neighborhoods, waterfront estates, and newer master-planned subdivisions. HOA fees vary by community type, from modest maintenance fees in non-gated subdivisions to higher dues in full-amenity country clubs. The city sits within Miami-Dade, offering access to South Florida beaches, major employment centers, and healthcare hubs. For current Miami-Dade market data, see Florida Realtors' monthly statistics. Browse the latest Coral Gables listings below. Then connect with a Pure Equity agent to schedule a private showing.

Homes for Sale
359
Median List Price
$1,895,000
Median $/Sq Ft
$934
Avg Days on Market
137
View all 359 homes for sale in Coral Gables →
How do I schedule a tour of 23 Majorca Avenue, Coral Gables, FL 33134?
Use the Tour button on this listing to request a showing of 23 Majorca Avenue, Coral Gables, FL 33134. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
Is 23 Majorca Avenue, Coral Gables, FL 33134 still available?
23 Majorca Avenue, Coral Gables, FL 33134 is currently listed as Active. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
How much is the monthly payment for 23 Majorca Avenue, Coral Gables, FL 33134?
With 20% down ($395,000) on the $1,975,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 23 Majorca Avenue, Coral Gables, FL 33134 is about $10,379/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 23 Majorca Avenue, Coral Gables, FL 33134?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 23 Majorca Avenue, Coral Gables, FL 33134. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
What schools serve 23 Majorca Avenue, Coral Gables, FL 33134?
23 Majorca Avenue, Coral Gables, FL 33134 is zoned for Coral Gables Preparatory Academy (elementary), Coral Gables (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
Can I negotiate the price of 23 Majorca Avenue, Coral Gables, FL 33134?
Often, yes. The right offer on 23 Majorca Avenue, Coral Gables, FL 33134 depends on how it's priced against comparable multi-family sales in Coral Gables, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Listing courtesy of Maddux & Company

Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated October 9, 2026.

$1,975,000

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Listed by John S Weston, Maddux & Company

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