USD 5,950,000

719 Biltmore Way
Coral Gables, Florida 33134

For Sale

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.

Listed by Acosta & Associates Inc

Property Details

ID #
A10728960
Status
Sale
Type
Commercial, Industrial, Income/Multi-Family 5+
Zip Code
33134
Building Area
7,000ft2
Year Built
1959
Parking Spaces
12
Building Feature
Air Conditioning, Smoke alarms
Ground Feature
Fenced
Roof Material
Tile roof
Water Source
City/mains water
Construction
Concrete Block Construction
Electric Service
110 Volts Power
Floor
Tile Floors, Wood Floors
Lease Term
Annual Lease
Location
City Location
Occupancy
Tenant Occupied
Parking
Assigned Parking, Other Parking
Type of Building
Apartments, Residential-Multi-Family
Utilities
Internet
Zoning Information
MF-2

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