Boutique Apartment
1091 Galiano St Coral Gables, FL 33134
New
For Sale
$20,000,000
Boutique multifamily building with 27 residences in Coral Gables.
Property Size78,999 SF
Price / SF$253.17
Days on Market5
Property Features for 1091 Galiano St
General Information
Standard status
Active
Size
78,999 SF
Building Details
Year Built
2020
Listing Agency:
Landy Toledo LLC
(305) 389-2511
Listed By:
Landy Toledo · License #0203706
Source:
Mymiahomes
Added: Jul 26
Changed: Jul 28
Last Checked: Jul 29 at 9:01AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Landy Toledo LLC
Investment Insights
Based on property information with market context.
Gables Galiano is a boutique apartment building featuring 27 residences. The property is described as having state-of-the-art security and opulent detailing.
The building is located at 1091 Galiano St in Coral Gables, Florida.
This offering is structured as an apartment building for sale, positioned as an intimate multifamily option within the Coral Gables market.
The building is located at 1091 Galiano St in Coral Gables, Florida.
This offering is structured as an apartment building for sale, positioned as an intimate multifamily option within the Coral Gables market.
Key Highlights
- Boutique multifamily building built in 2020
- 27 residences in Coral Gables
- State‑of‑the‑art security
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $2.31M | $29.28 |
| − Vacancy | −$104.1k | −$1.32 |
| EGI | $2.21M | $27.96 |
| − OpEx | −$994.1k | −$12.58 |
| NOI | $1.21M | $15.38 |
78,999 SF · lease $29.28/SF/yr · vacancy 4.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$17.36M
$15.19M – $20.25M
NOI $1,214,951 @ 7.0% cap · market cap 6.07%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$40.08M
$35.07M – $46.76M
NOI $2,805,567 @ 7.0% cap · market cap 14.03%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Apartment building - Boutique multifamily building with 27 residences in Coral Gables.
Where is this apartment building located?
The property is located at 1091 Galiano St Coral Gables, FL.
What is the asking price?
The asking price for this property is $20,000,000.
What are key features of this property?
This property features: Boutique multifamily building built in 2020; 27 residences in Coral Gables; State‑of‑the‑art security
