Listing Summary
Prime Multifamily Land for Sale in Coral Gables, Florida (Property is Under Contract)
Full Description
ONE Sotheby's International Realty is proud to present a rare opportunity to acquire a 4-unit multifamily property at 111 Salamanca Avenue, nestled in the heart of Coral Gables, Florida. This property, located on a premier corner lot, offers the classic charm and potential for steady rental income or a transformative redevelopment.
Each of the four units is exceptionally spacious, averaging 1,236 square feet, a rare find in this prestigious market. This makes it an ideal investment for those looking for a versatile asset. Whether you choose to renovate the existing building to generate stable rental income or pursue a new multifamily development, this property offers a perfect canvas to bring your vision to life.
"The City Beautiful" of Coral Gables is renowned for its architectural charm, luxury, and high property values. This location provides unmatched convenience, with easy access to Brickell, Downtown Miami, and the Miami International Airport. It is also just minutes from world-class amenities, top-rated schools, and lush parks, attracting a consistent demand from residents, professionals, and families.
Quick Glance
- Listing ID:
CL-Florida-26339
- Status:
Active
- Year Build:
N/A
- Building Size:
14,300 SqFt
- Lot Size:
N/A