For sale

$1,975,000

23 Majorca Ave, Coral Gables, FL 33134

8beds

4,200sqft

$13,232/mo

Get pre-qualified

Single Family Residence

Built in 1949

5,640 Square Feet Lot

$-- Zestimate^®

$470/sqft

$-- HOA

What's special

Tree-lined street

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.

15 days
957
84

Likely to sell faster than

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 4
Full bathrooms: 4

Heating

Central

Cooling

Central Air

Appliances

Included: Other

Features

Other
Flooring: Other, Wood

Interior area

Total structure area: 4,200
Total interior livable area: 4,200 sqft

Video & virtual tour

View virtual tour

Property

Parking

Parking features: On Street
Has uncovered spaces: Yes

Features

Stories: 2
Entry location: First Floor Entry, Second Floor Entry
Exterior features: Other
Pool features: R30-No Pool/No Water
Has view: Yes
View description: Other

Lot

Size: 5,640 Square Feet
Features: Less Than 1/4 Acre Lot

Details

Parcel number: 0341080070350
Zoning: 3801
Other equipment: Other

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence
Attached to another structure: Yes

Materials

Stucco
Roof: Barrel Roof

Condition

Year built: 1949

Utilities & green energy

Sewer: Public Sewer
Water: Municipal Water

Community & HOA

Community

Features: None, No Subdiv/Park Info
Subdivision: Coral Gables Sec L

HOA

Has HOA: No

Location

Region: Coral Gables

Financial & listing details

Price per square foot: $470/sqft
Tax assessed value: $1,299,161
Annual tax amount: $21,045
Date on market: 10/8/2026
Listing terms: All Cash,Conventional

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
10/8/2026	Listed for sale	$1,975,000+272.6%$470/sqft
Source: MIAMI #A12103363 Report a problem
4/22/2011	Sold	$530,000-16.5%$126/sqft
Source: Public Record Report a problem
6/6/2003	Sold	$635,000+28.8%$151/sqft
Source: Public Record Report a problem
3/27/2002	Sold	$493,000+20.8%$117/sqft
Source: Public Record Report a problem
7/9/2001	Sold	$408,000+21.6%$97/sqft
Source: Public Record Report a problem
6/19/1998	Sold	$335,500+10%$80/sqft
Source: Public Record Report a problem
7/23/1997	Sold	$305,000$73/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$21,922 +11.7%	$1,127,454 +10%
2024	$19,630 +5.8%	$1,024,959 +10%
2023	$18,547 +13%	$931,781 +10%
2022	$16,411 +11.1%	$847,074 +10%
2021	$14,769 -0.3%	$770,068
2020	$14,809 -0.3%	$770,068 +1%
2019	$14,860 +8.5%	$762,731 +10%
2018	$13,701	$693,392 +10%
2017	$13,701 +12.6%	$630,357 +10%
2016	$12,165 +13.4%	$573,052 +10%
2015	$10,731 +10.7%	$520,957 +10%
2014	$9,696 -14.4%	$473,598 -0.7%
2013	$11,329 0%	$476,902 -15.2%
2012	$11,329 +51.8%	$562,334 +55.7%
2011	$7,463 -6.9%	$361,092 -0.1%
2010	$8,019 -12.7%	$361,391 -19.1%
2009	$9,183 -30.1%	$446,785 -33.6%
2007	$13,142 +8.5%	$672,995
2006	$12,108	--
2005	$12,108 -14.5%	--
2004	$14,170 +79%	--
2003	$7,915 +23.9%	--
2002	$6,389	--
2001	$6,389	--