719 Biltmore Way, Coral Gables FL 33134 719 Biltmore Way, Coral Gables FL 33134 719 Biltmore Way, Coral Gables FL 33134 719 Biltmore Way, Coral Gables FL 33134 719 Biltmore Way, Coral Gables FL 33134 719 Biltmore Way, Coral Gables FL 33134 719 Biltmore Way, Coral Gables FL 33134
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$5,950,000
740 days
For Sale • 0 BEDS • 0 BATHS • 7,000 SQFT

Overview

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.

Facts and features

Type:
Commercial Sale
Year Built:
1959
Heating:
• Central Individual A/C
Cooling:
• Central Individual A/C
Parking:
• Assigned • Other
Lot:
No Data
Price/sqft:
$850

Estimate

$536,000
Estimated sales range: $507,700 - $589,100

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2021-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Acosta & Associates Inc