Opportunity to acquire one of the best located 8-unit apartment buildings in Coral Gables. Steps from Ponce de Leon Blvd, this apartment building boasts lovely Mediterranean architectural details. Opportunities abound to value add and increase income by more than 35%. Several units have already been beautifully updated. All apts. are large one bedroom, one bath, w/formal living room & separate dining rooms. New faux hardwood floors .All units are corner apartments, light & bright. Investors can upgrade with new leases, increase income & enjoy the steady appreciation of this multifamily for years to come.
MLS# | A11532923 |
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Listing Type | For Sale |
Style | Hospitality |
Sub-Type | Resale |
Status | Active |
Year | 1926 |
Days On Site | 334 |
Listing Provided By | RE/MAX Advance Realty | Issabella Silverstein |
SQ Feet | 5,682 |
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Story(s) | 2 |
Units | 8 |
Building(s) | 1 |
Zoning | 3801 |
Acreage | 5500.00 |
State | FL |
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County | Miami Dade County |
City | Coral Gables |
Zip Code | 33134 |
Area | 41 |
Listing VS Median (in 33134) | |
Price: $2,800,000 low | high Med: $434,950 SqFt: 5,682 low | high Med: 697 $ / SqFt: $493 low | high Med: $624 On Site: 334 low | high Med: 95.000000 |