For Sale
$2,500,000

414 Valencia Ave Coral Gables, FL 33134

Six-unit building, prime location, high ROI.

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional six-unit multifamily property, located at 414 Valencia Avenue in the desirable Coral Gables, Florida, presents a compelling investment opportunity. Built in 1960, this two-story building comprises four one-bedroom, one-bathroom apartments and two studio units. Its strategic location places it within walking distance of Miracle Mile, ensuring high occupancy rates and strong rental income. The property's strong rental history and consistent demand make it an attractive proposition for investors seeking a stable and profitable asset. The asking price is $2,500,000. Note that a similar building, located directly across the street at 406 Valencia Avenue, is also available for sale from the same owner, presenting a potential for significant portfolio expansion. This property is situated in Miami-Dade County, Florida, with a zip code of 33134. The property's location in Coral Gables guarantees consistent demand and competitive rental rates, making it an ideal investment for those seeking a secure and lucrative return. This is a turnkey opportunity to acquire a well-maintained multifamily property in a highly sought-after area.

Highlights

  • Six-unit multifamily property in desirable Coral Gables, FL.
  • Two-story building with four 1BR/1BA units and two studios, built in 1960.
  • Walking distance to Miracle Mile, ensuring high occupancy and strong rental income.
  • Asking price: $2,500,000.
  • Adjacent comparable property also available for sale.

Property Details for 414 Valencia Ave

Property type
Commercial real estate
Year Built
1960
Stories
2
Units
6

Location Insight

City
Coral Gables
County
Miami-Dade
State
Florida
Latitude
25.7471972
Longitude
-80.263309

FAQs

What type of property is this?
Commercial real estate - Six-unit building, prime location, high ROI.
Where is the commercial real estate located?
The property is located at 414 Valencia Ave Coral Gables, FL.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Six-unit multifamily property in desirable Coral Gables, FL.; Two-story building with four 1BR/1BA units and two studios, built in 1960.; Walking distance to Miracle Mile, ensuring high occupancy and strong rental income.
How can I contact the broker?
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414 Valencia Ave
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