Costantini VIP Realty

Serving the Miami-Dade, Broward and Palm Beach Counties

 

Property Description

2 multifamily buildings in Coral Gables. 214-218 Antiquera -2 one-story buildings totaling 6,080sq ft of 5 units each. This 10 unit building are located in Coral Gables FL just off Ponce De Leon Blvd. All units are large 1/1 and well kept with very little deferred maintenance. Rents have been historically low and range from $850-$1,200 in an area that commands market rents of $1,600-$1,700. Proforma rents can far exceed an NOI of $125,930 which provides an investor a healthy 5% CAP. The property is bounded by Douglas Road in the east, Salzedo Street in the west, Madeira Avenue in the south, and 8th Street in the north. Ponce de Leon Boulevard runs directly through the center of the neighborhood, touting an array of offices, restaurants, and cafes.

Features
: Tile
: Guest, Common
Address Details
FL
Miami-Dade County
Coral Gables
33134
218 Antiquera Ave
0
Other
: Other
5
: Building & Land, Leases
1
: Sale
$34,917
5001

Commercial Sale For Sale

218 Antiquera Ave, Coral Gables, Florida 33134

18,000 Sqft
$2,500,000
Listing ID #A11241193
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : A11241193
Price : $2,500,000
Year Built : 1953
Lot Area : 18,000 Sqft
Building Area : 6,406 Sqft
Status : Active
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