$1,975,000
23 Majorca Avenue
Coral Gables, FL 33134
Explore the area: Coral Gables homes for sale · Miami Dade County real estate
Price Check
How this price compares
- List price
- $1,975,000
- Price per sq ft
- $470
- Original price
- Unchanged
- Days on market
- 2
This 8-bedroom multi-family property in ZIP 33134 is listed at $1,975,000, or $470 per square foot. It has been on the market for 2 days.
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 estimateListing Snapshot
- Price
- $1,975,000
- Days on Site
- 2 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.
MLS media linkGeneral 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
About the Community
- Homes for Sale
- 2
- Under Contract
- 0
- Median List Price
- $2,237,500
- Median $/Sq Ft
- $588
- Avg Days on Market
- 18
Frequently Asked Questions
- 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, and has been on the market 2 days. 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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Recent Sales
Recently sold homes in ZIP 33134
These are the last 6 recorded closings in ZIP 33134, with the price each home actually sold for rather than what it was listed at. They closed at a median of $829 per square foot. The most recent closed on October 14, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$610,000
Sold · October 14, 2026
4060 SW 6th Street
2 bed · 1 bath · 1,027 sqft · $594/sqft
$38,900 under the asking price
Sold$297,000
Sold · October 14, 2026
50 Menores Avenue 820
1 bed · 1 bath · 762 sqft · $390/sqft
$8,000 under the asking price
Sold$1,700,000
Sold · October 13, 2026
829 Genoa Street
4 bed · 3 bath · 1,861 sqft · $913/sqft
$100,000 under the asking price
Sold$725,000
Sold · October 9, 2026
3780 SW 27th Terrace
2 bed · 2 bath · 875 sqft · $829/sqft
Sold$335,000
Sold · October 9, 2026
5271 SW 8th Street 313
2 bed · 2 bath · 1,027 sqft · $326/sqft
$999 under the asking price
Sold$1,525,000
Sold · October 8, 2026
536 Minorca Avenue
3 bed · 2 bath · 1,575 sqft · $968/sqft
$34,000 under the asking price
See every recorded sale in ZIP 33134 or find out what your ZIP 33134 home is worth.
