Published on: Tuesday, September 16, 2025
Updated on: Thursday, September 18, 2025
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Name: Manuel Chamizo III
Company: ONE Sotheby's
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Cell Phone: (786) 486-6655
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  MULTIFAMILY & DEVELOPMENT OPPORTUNITY IN CORAL GABLES, FL
111 Salamanca Avenue Coconut Grove Florida , 33134
111 Salamanca Avenue Coconut Grove Florida , 33134  ONE Sotheby's
Listing ID: CL-Florida-26339 Commercial/Land

Purchase Option

Acquisition Option: Traditional Purchase
Cap Rate (%): Contact Lister
Net Operating Income: Contact Lister
Quick Glance
Listing ID: CL-Florida-26339
Status: Price not Disclosed
Financing: Third Party Financing
Occupancy: N/A
Year Build: N/A
Building Size: 14,300.00 SqFt
Lot Size: N/A
No of Stories: 2
No of Parking: N/A
Offer to Millionaire Club: No
Business Available for Sale: No
Is Net Lease Investment: No
Property On Ground Lease: No
Building Status: Existing
Listing Summary
Prime Multifamily Land for Sale in Coral Gables, Florida (Property is Under Contract)
Complete Details
Year Build: N/A
Building Size: 14,300 SqFt.
No of Stories: 2
Total Lot Area: N/A Acre
No of Parking: N/A
No of Total Units: 4
Property Current Status: Normal Sale
Building Status: Existing
Heating and Cooling: Not Specified
Building Class: Not Specified
Property on Ground Lease?: No
Net Lease Investment?: No
Business Price Included?: No
Roofing: Not Specified
Occupancy: 0%
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.

Additional Properties
Property Highlights
  • Rare Opportunity: A unique chance to acquire a 4-unit multifamily property in the heart of Coral Gables.
  • Prime Location: Situated on a premium corner lot at Salamanca Avenue and Galiano Street
  • Renovation or Redevelopment: The property is a perfect "canvas" for either renovating for rental income or redeveloping into a new multifamily venture.
  • Spacious Units: Each of the four units averages 1,236 square feet, providing a significant value proposition.
  • Steady Income Potential: Ideal for investors seeking a stable stream of rental income.
  • High-Demand Market: Located in "The City Beautiful," a desirable and affluent area with consistently high property values.
  • Unmatched Convenience: Minutes from major business hubs like Brickell and Downtown Miami.
  • Exceptional Accessibility: A short drive to Miami International Airport and the eclectic charm of Coconut Grove.
  • World-Class Amenities: Close proximity to top-rated schools, luxury shopping on Miracle Mile, and lush parks.
  • Significant Upside: The property offers limitless potential for developers due to the city's strong demand for upscale residences.

Lending Opportunities

Interested in making an offer on this property or adding it to your portfolio? Our network of experienced lenders is ready to provide you with competitive loan options tailored to your needs. Whether you're an investor or a first-time buyer, securing financing is the key to turning this opportunity into reality. Don’t wait, reach out now to get pre-approved, explore your loan options, and take the next step with confidence!
Company Name Lender Type Contact Name Contact Number Actions
Easy Home Loans, LLC Mortgage Broker Ana M Gonzalez (786) 525-7126 Request Quote
Universe Financial Corp Mortgage Broker Melody Bejerano (305) 505-3053 Request Quote
Elite Lending Mortgage Broker Leo Hernandez (786) 644-2669 Request Quote
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Business Opportunities

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Company Name Business Type Contact Name Contact Number Actions
EW Title, LLC Title Services Erin (954) 849-7745 Request Quote
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Listing Location
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Category: Retail - Other
Status: Accepting Offers
Created On: 9/18/2025
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Listing ID: CL-Florida-26373
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Address: 2550 Douglas Rd , Coral Gables Florida 33134
Listing ID: CL-Florida-26372
Listing Type: Commercial +Lease
Category: Office - Office Condo
Status: Accepting Offers
Created On: 9/18/2025
Modified On: 9/18/2025
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Title: Asphalt Truck Parking Opportunity In H&J Paving
Address: 4310 NW 35th Ave , Miami Florida 33142
Listing ID: CL-Florida-26371
Listing Type: Commercial +Lease
Category: Land - Industrial
Status: Accepting Offers
Created On: 9/18/2025
Modified On: 9/18/2025
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Title: Prime Office Leasing Opportunity in Miramar Town Center
Address: 11606 City Hall Promenade , Miramar Florida 33025
Listing ID: CL-Florida-26370
Listing Type: Commercial +Lease
Category: Office - Office Condo
Status: Accepting Offers
Created On: 9/18/2025
Modified On: 9/18/2025
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