







Property Attributes
- MLS#A10728960
- TypeCommercial
- CountyMIAMI-DADE
- CityCoral Gables
- Area41
- Zip33134
- StyleMultiFamily
- Price$ 5,950,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size12,000 SqFt
Listing Provided Courtesy Of:
Acosta & Associates Inc
Property Description
Coral Gables' most outstanding opportunity for investor or developer! 12 unit apartment building in mint condition. 100% leased. On Biltmore Way, the Park Avenue of Coral Gables. One bedroom one bath units. Tile roof, sparkling pool, laundry facilities, assigned parking spaces, individual Trane central a/c units, updated granite & stainless steel kitchens w/dishwashers. Gross Income $223,620. Net Operating Income $156,000. Walk to Miracle Mile, restaurants, Publix, Granada Golf Course. For development information, see MLS # A10694013. The Zoning District is MF-2 (subject to Site Specific Regulations). Max Permitted Density 21 units, Max Permitted Height 16 stories or 190.5 feet, Max Permitted Floor Area Ratio 29, 960 sq ft. Lot size 12,000 sq ft. Survey available.
Price History | |
---|---|
7/26/2020 | Listed $5,950,000 |
General Features
Building Name | Gables Biltmore Apartments |
---|---|
Cooling | CentralAir |
Electric | Item110Volts |
Flooring | Tile, Wood |
Heating | Central |
Levels | Two |
MLS Area | 41 |
Parking Features | Assigned, Other |
Property SubType | MultiFamily |
Property Type | CommercialSale |
Roof | Tile |
Structure Type | Apartment, MultiFamily |
Terms | Cash, Conventional |
Total Units | 12 |
Zoning Description | MF-2 |
Interior Features
Air Conditioning Y/N | Yes |
---|---|
Heating Y/N | Yes |
Exterior Features
Covered Spaces | 0.0 |
---|---|
Lot Size Area | 12000.0 |
Lot Size Square Feet | 12000.0 |
Lot Size Units | SquareFeet |
Number of Buildings | 1 |
Number of Separate Electric Meters | 13 |
Total Parking | 12.0 |
Water Source | Public |
Waterfront Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool