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.
Middle School
5
/10
Ponce De Leon Middle School
5801 Augusto St
Distance between this listing and this school1.65 miles
Public Magnet Grades 6-8
High School
5
/10
Coral Gables Senior High School
450 Bird Rd
Distance between this listing and this school0.35 miles
Public Magnet Grades 9-12
Nearby Schools
9
/10
Somerset Gables Academy
624 Anastasia Ave
Distance between this listing and this school0.66 miles
Public Charter Grades KG-5
9
/10
George Washington Carver Elementary School
238 Grand Ave
Distance between this listing and this school0.67 miles
Public District Grades PK-5
4
/10
Frances S. Tucker Elementary School
3500 S Douglas Rd
Distance between this listing and this school0.73 miles
Public District Grades PK-5
Assigned Schools
5
/10
Ponce De Leon Middle School
5801 Augusto St
Distance between this listing and this school1.65 miles
Public Magnet Grades 6-8
Nearby Schools
10
/10
George Washington Carver Middle School
4901 Lincoln Dr
Distance between this listing and this school0.66 miles
Public Magnet Grades 6-8
8
/10
Mater Brickell Preparatory Academy
2805 SW 32nd Ave
Distance between this listing and this school0.80 miles
Public Charter Grades KG-7
Assigned 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
Nearby Schools
3
/10
Academy of Arts & Minds
3138 Commodore Plz
Distance between this listing and this school1.07 miles
Public Charter Grades 9-12
9
/10
International Studies Charter High School
2480 SW 8th St
Distance between this listing and this school2.41 miles
The neighbors living near this home have an average income of $85,345. Typical income of Coral Gables, FL residents is between $35k-100k annually. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.
This home is located at 3903 Ponce De Leon Blvd in Coral Gables, FL and zip code 33134 in the Douglas Park neighborhood. This 2,402 square foot home was built in 1947. It has been listed on Rocket Homes since May 19, 2024 and is currently priced at $1,950,000.
In May 2024, from all listings sold in Coral Gables, FL there were more than 5 sold above asking price, over 42 sold below and more than 13 were sold right at the asked price. In May 2024 in Coral Gables, FL there were 8.8% more homes for sale than in April 2024. While the average time on the market in May 2024 was 57 days, the median list price was $1,050,000.
From Rocket Homes Real Estate and based on county public records data.