For Sale
$7,999,999

333 Bird RdCoral Gables, FL 33146

Six-Unit Multifamily Investment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional Coral Gables investment property, located at 333 Bird Road, presents a unique opportunity to acquire a six-unit multifamily compound. The property consists of four parcels totaling over 21,000 square feet, offering significant potential for future development. Two existing buildings provide substantial rental income, with one boasting 8 bedrooms and 5 bathrooms across 3,684 square feet, situated on an 11,517 square foot lot, and the other featuring 6 bedrooms and 4 bathrooms in 3,150 square feet on a 5,150 square foot lot. Two additional vacant lots, totaling 5,150 square feet, provide the opportunity to construct two new units, further enhancing the property's value and rental income. The current average annual gross rental income is $201,000. The asking price for this prime Coral Gables real estate is $7,999,999. The seller will consider holding a purchase money first mortgage. This is a multi-family property; please do not walk the property without prior arrangement. This property is located in the desirable Miami-Dade County, Florida, with a zip code of 33146.

Highlights

  • $7,999,999 asking price.
  • Special purpose property with six units.
  • Located at 333 Bird Road, Coral Gables, FL 33146.
  • Four parcels totaling over 21,000 square feet.
  • Includes two residential properties (one 8 bed/5 bath, 3,684 sq ft; one 6 bed/4 bath, 3,150 sq ft) and two vacant lots totaling 5,150 sq ft.
  • Gross annual rental income averages $201,000.

Property Details for 333 Bird Rd

Property type
Specialty properties
Units
6

Location Insight

City
Coral Gables
County
Miami-Dade
State
Florida
Latitude
25.734880534552
Longitude
-80.261385237132
333 Bird Rd, Coral Gables, Florida

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333 Bird Rd
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