61 Edgewater Dr, Coral Gables

$3,400,000

0 Bed
0 Bath
0 Acre
0 Garage

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-bedroom/1-bathroom units & four 2-bedroom/2-bathroom units, this apartment building offers an outstanding development opportunity for any investor. Buildings like this don't 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!

Essential Information
MLS® #A11489075
Price$3,400,000
Bathrooms0.00
Acres0.00
Year Built1959
TypeCommercial
Sub-TypeMulti Family
StatusPending
Community Information
Address61 Edgewater Dr
Area41
CityCoral Gables
CountyMiami-Dade County
StateFL
Zip Code33133-6956
Amenities
ParkingAssigned, On Street
Interior
HeatingWall Furnace, Window Unit
CoolingWall/Window Unit(s)
# of Stories2
StoriesTwo
Exterior
Exterior FeaturesSecurity/High Impact Doors
WindowsImpact Glass
Additional Information
Date ListedNovember 20th, 2023
Days on Market98
Listing Courtesy of

One Sotheby's International Realty

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