For Sale
$2,800,000

406 Valencia Ave Coral Gables, FL 33134

Six-unit building, prime location, high ROI potential.

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional six-unit apartment building presents a compelling investment opportunity in the highly desirable Coral Gables, Florida, neighborhood. Located at 406 Valencia Ave, 33134, this two-story, 1950-built property offers a unique blend of established income and future growth potential. Its prime location places it within walking distance of Miracle Mile, ensuring consistent tenant demand and competitive rental rates. The property's multifamily structure, classified as an apartment building/duplex/triplex/quadruplex, provides a diversified income stream. This is a turnkey investment ready for immediate returns. Note that a neighboring six-unit building at 414 Valencia Ave is also available for sale from the same owner, presenting a potential for significant portfolio expansion. The asking price for this property is $2,800,000. This presents a rare opportunity to acquire a well-situated, income-generating asset in one of South Florida's most sought-after locations. The property's strong fundamentals and strategic location make it an ideal addition to any investment portfolio. Serious inquiries are encouraged.

Highlights

  • $2,800,000 asking price.
  • Six-unit multifamily apartment building.
  • Located in desirable Coral Gables, FL, near Miracle Mile.
  • 1950 construction, two-story building.
  • Adjacent property (414 Valencia Ave) also available.

Property Details for 406 Valencia Ave

Property type
Apartment buildings, Small apartment buildings
Year Built
1950
Stories
2

Location Insight

City
Coral Gables
County
Miami-Dade
State
Florida
Latitude
25.7472122
Longitude
-80.2631171

FAQs

What type of property is this?
Apartment building - Six-unit building, prime location, high ROI potential.
Where is the apartment building located?
The property is located at 406 Valencia Ave Coral Gables, FL.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: $2,800,000 asking price.; Six-unit multifamily apartment building.; Located in desirable Coral Gables, FL, near Miracle Mile.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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406 Valencia Ave
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