Basic Information

  • MLS # A11489075
  • Type Commercial
  • Style MultiFamily
  • Status Sold
  • Subdivision/Complex
  • Year Built 1959
  • Total Sqft 10,000
  • Date Listed 11/20/2023
  • Days on Market 176
Description

ONE OF A KIND BUILDING FOR SALE! Presenting a unique 2-story, 8-unit property situated in the esteemed city of Coral Gables, prominently located on the sought-after street of Edgewater Drive in PRIME LOCATION! Comprising four 1-bedroom1-bathroom units four 2-bedroom2-bathroom units, this apartment building offers an outstanding development opportunity for any investor. Buildings like this dont come around often. Income in place while developing plans. Rents below market. Room for rent increase. This building enables an investor to acquire a stabilized, turn-key operation of a well-maintained apartment building in a high-barrier-to-entry Coral Gables Market. PLEASE DO NOT DISTURB TENANTS!

Exterior Features

  • Waterfront No
  • Pool No
  • Exterior Features Security High Impact Doors
  • Parking Spaces 0
  • Parking Description Assigned,OnStreet

Interior Features

  • Adjusted Sqft 10,000
  • Cooling Description WallWindowUnits
  • Heating Description WindowUnit,WallFurnace
  • Sqft 10,000

Property Features

  • Aprox. Lot Size 10,000
  • Furnished Info No
  • Listing Terms Cash
  • Short Sale Regular Sale
  • HOA Fees N/A
  • Subdivision Complex
  • Subdivision Info
  • Tax Amount $24,212
  • Tax Information 29-32 54 41 SUNRISE HARBOUR REV PL PB 65-22 LOT 15 BLK 1 LOT SIZE 10000 SQUARE FEET OR 17596-3051 0497 1 COC 22180-4542 03 2004 1
  • Tax Year 2023
  • Terms Considered Cash
  • Type of Property MultiFamily

61 Edgewater Dr

Coral Gables, FL 33133

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