$2,150,000list price
Price cut$50,000
0 ba · 2,659 sq ft 2 to 4 units
352 CATALONIA AVE, CORAL GABLES, FL 33134
Listing courtesy of Redfin Corporation. MLS# A12106478.On the MLS · Listed Oct 13
$1,975,000
23 MAJORCA AVE, CORAL GABLES, FL 33134
8 beds4 baths4,200 sq ftHouseBuilt 1949
Updated today, November 3, 2026This home against Coral Gables
$470 per sq ft, 49% under the Coral Gables median
28 days on the market
$21,045 in property taxes (2025)
5,663 sq ft lot
Coral Gables today: 289 homes for sale, median list price $1,995,000.
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.
Zoned schools
Elementary: Coral Gables Preparatory Academy
Middle: Ponce de Leon Middle School
High: Coral Gables Senior High School
From Miami-Dade County Public Schools attendance zones.
Near this home
Park: Matheson Hammock Park, 0.4 mi
Grocery: Publix, 2.1 mi
Distances from the center of CORAL GABLES.
Listing courtesy of Maddux & Company. MLS# A12103363.
Listing information is provided by the MLS and is deemed reliable but not guaranteed.
Listed October 6, 2026.
Similar homes near CORAL GABLES
$1,645,000list price
Price cut$50,000
0 ba · 3,600 sq ft 2 to 4 units
215 SIDONIA AVE, CORAL GABLES, FL 33134
Listing courtesy of Compass Florida, LLC. MLS# A12080177.On the MLS · Listed Oct 19
$2,350,000list price
Price cut$150,000
0 ba · 3,128 sq ft 2 to 4 units
36 PHOENETIA AVE, CORAL GABLES, FL 33134
Listing courtesy of United Realty Group Inc. MLS# A12066705.On the MLS · Listed Aug 4
$1,250,000list price
Price cut$45,000
0 ba · 2,183 sq ft 2 to 4 units
1704 S LE JEUNE RD, CORAL GABLES, FL 33134
Listing courtesy of Onyx Realty. MLS# A12081159.On the MLS · Listed Aug 30
$2,982,250list price
Per sq ft$1,138
0 ba · 2,621 sq ft 2 to 4 units
355 MALAGA AVE, CORAL GABLES, FL 33134
Listing courtesy of Sunlife Realtors. MLS# A12116734.On the MLS · Listed Oct 27
$3,000,000list price
Per sq ft$959
0 ba · 3,129 sq ft 2 to 4 units
3300 SEGOVIA ST, CORAL GABLES, FL 33134
Listing courtesy of Real Estate Sales Force. MLS# A12057596.On the MLS · Listed Jul 13