4801 University Dr Coral Gables, FL Rare Coral Gables Waterfront Multi-Family Opportunity! Situated on an oversized waterfront lot, this unique property is currently configured as a duplex and fully leased, offering immediate income potential. Located in one of South Florida’s most prestigious neighborhoods in close proximity to The University of Miami, this property combines the charm of Coral Gables with the flexibility of future development possibilities. Whether you’re seeking steady rental income, planning to redevelop into a luxury residence or expand its multi-family use, the location & lot size make this a standout investment. Properties like this rarely come to market—don`t miss your chance to own a prime piece of Coral Gables real estate with water access & endless potential. This property is not in a flood zone.