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Investment Opportunity

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1265 S Alhambra Cir Coral Gables FL 33146 MLS #A11879722

1265 S Alhambra Cir
Coral Gables, FL, 33146
$5,900,000
4 Beds
5 Bathrooms
2,036 SqFt
0 Acres
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$5,900,000
1265 S Alhambra Cir
Coral Gables, FL, 33146
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Project Description

Unique waterfront opportunity! Two folios (03-41-30-016-0061 & 03-41-30-016-0062) combine to create a 4,072 SF property with an 80’ dock and just three fixed bridges to Biscayne Bay—a true boater’s paradise. Currently zoned as condominium, the property is offered as one sale. Each residence features 2BR/2.5BA, kitchen, family room, dining and living rooms, sunroom, ensuite bedrooms, exceptional interior storage, laundry room, exterior storage, and 3 parking spaces. Recent updates include a 2025 roof and renovations in neutral tones. With the proper governmental approvals, the property may present potential for conversion into a single-family home. Upstairs unit currently rented. Please do not disturb the tenants. Easy to show.

Property Details

Price:
$5,900,000
MLS #:
A11879722
Status:
Active
Beds:
4
Baths:
5
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
SOUTH BRICK CONDO
Neighborhood:
southbrickcondo
Listed Date:
Sep 17, 2025
Finished Sq Ft:
2,036
Total Sq Ft:
2,036
Year Built:
1967
WaterfrontSouth Brick CondoSouthbrickcondoSouth Brick CondoSunsetPonce De LeonCoral GablesNo Restrictions,ok To Lease

Schools

Elementary School:
Sunset
Middle School:
Ponce De Leon
High School:
Coral Gables

Interior

Appliances
Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Washer
Bathrooms
4 Full Bathrooms, 2 Half Bathrooms
Cooling
Ceiling Fan(s), Central Air, Electric
Heating
Central, Electric
Laundry Features
Utility Room/Laundry

Exterior

Architectural Style
Attached, Twin Homes
Community Features
Boating
Construction Materials
Concrete Block With Brick, CBS Construction
Parking Features
Circular Driveway, Driveway
Roof
Barrel Roof

Financial

Tax Year
2024
Taxes
$11,042

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Quick Information

Profitability of the Property

Net Monthly Income:
Annual Profitability of:
1265 S Alhambra Cir
Coral Gables, FL