For Sale

61 Edgewater Dr, Coral Gables, FL 33133

Coral Gables, 61 Edgewater Dr, FL, United States, 61 Edgewater Dr, Coral Gables, FL 33133
  • $3,633,000

Overview

  • CommercialSale
  • Property Type
  • 6772.0
  • Sqft
  • 1959
  • Year Built

Description

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!

Details

Updated on November 21, 2023 at 4:39 pm
  • Property ID: 7268325
  • Price: $3,633,000
  • Property Size: 6772.0 Sqft
  • Land Area: 10000.0 Sqft
  • Year Built: 1959
  • Property Type: CommercialSale
  • Property Status: For Sale
  • MLS#: A11489075
  • Office Name: ONE SOTHEBY'S INTERNATIONAL REALTY
  • Agent Name: Maria Salum
  • MLS Status: Active

Additional details

  • Sewer: Other
  • Cooling: WallWindowUnits
  • Heating: WindowUnit,WallFurnace
  • Tax Annual: 24212
  • Tax Year: 2023
  • County: Miami-Dade County
  • Property SubType: MultiFamily
  • Parking: Assigned,OnStreet
  • Water Source: Public
Copyright 2022, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2022, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2022-11-02T10:51:29.313. SAYGROUP REAL ESTATE  IS A TEAM OF REAL ESTATE AGENTS AFFILIATED WITH UNITED REALTY GROUP. UNITED REALTY GROUP OF FLORIDA IS A LICENSED REAL ESTATE BROKER AND ABIDES BY EQUAL HOUSING OPPORTUNITY LAWS. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATIONAL PURPOSES ONLY. INFORMATION IS COMPILED FROM SOURCES DEEMED RELIABLE BUT IS SUBJECT TO ERRORS, OMISSIONS, CHANGES IN PRICE, CONDITION, SALE, OR WITHDRAWAL WITHOUT NOTICE. NO STATEMENT IS MADE AS TO ACCURACY OF ANY DESCRIPTION. ALL MEASUREMENTS AND SQUARE FOOTAGES ARE APPROXIMATE. THIS IS NOT INTENDED TO SOLICIT PROPERTY ALREADY LISTED. NOTHING HEREIN SHALL BE CONSTRUED AS LEGAL, ACCOUNTING OR OTHER PROFESSIONAL ADVICE OUTSIDE THE REALM OF REAL ESTATE BROKERAGE.

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