Two adjacent duplexes/properties (3903 & 3909/4 doors now) combined, being sold only as a package for $4.5 million. Opportunity for developer/investors to build townhouses. Together, lots amount to 25,525 sf and buildable area of 17,000 sf. yielding up to 7 townhomes. Planning for each at 2,428 livable sf with 22' of frontage. Combined lots have Ponce in the front and SW 39th Ave in the rear for garage entrances. Prime location in Coral Gables walking distance to Shops at Merrick Park and downtown Coral Gables. Do the math, is is a very unique opportunity for the savvy investor.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
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Nearby Schools
10
/10
George Washington Carver Elementary School
238 Grand Ave
Distance between this listing and this school0.61 miles
Public District Grades PK-5
5
/10
Frances S. Tucker Elementary School
3500 S Douglas Rd
Distance between this listing and this school0.73 miles
Public Magnet Grades PK-5
10
/10
Coconut Grove Elementary School
3351 Matilda St
Distance between this listing and this school1.07 miles
Public District Grades PK-5
Nearby Schools
9
/10
Somerset Gables Academy
624 Anastasia Ave
Distance between this listing and this school0.69 miles
Public Charter Grades KG-8
10
/10
George Washington Carver Middle School
4901 Lincoln Dr
Distance between this listing and this school0.71 miles
Public Magnet Grades 6-8
8
/10
Mater Grove Academy
2805 SW 32nd Ave
Distance between this listing and this school0.89 miles
Public Charter Grades KG-8
Nearby Schools
5
/10
Coral Gables Senior High School
450 Bird Rd
Distance between this listing and this school0.35 miles
Public Magnet Grades 9-12
9
/10
International Studies Charter High School
2480 SW 8th St
Distance between this listing and this school2.43 miles
Public Charter Grades 9-12
4
/10
International Studies Virtual
2480 SW 8th St
Distance between this listing and this school2.43 miles
The neighbors living near this home have an average income of $85,345. Most Coral Gables, FL residents have annual incomes between $35k-100k. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
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This home is located at 3909 Ponce De Leon Blvd in Coral Gables, FL and zip code 33134 in the Douglas Park neighborhood. This 2,304 square foot home was built in 1948. It has been listed on Rocket Homes since May 19, 2024 and is currently priced at $2,550,000.
Coral Gables, FL housing market in October 2024 saw over 4 listings sold above listed price, more than 7 sold at listed price and over 24 sold below. The number of listings in Coral Gables, FL increased by 11.6% between September 2024 and October 2024. In October 2024 median list price was $1,280,000 and the average listing age was 41 days.
From Rocket Homes Real Estate and based on county public records data.