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Multifamily Property in Conservation District
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115 Menores Ave, Coral Gables, FL 33134

Residential asset positioned within Coral Gables’ North Ponce neighborhood near Miracle Mile.

Property SizeContact for details
Days on Market145

Property Features for 115 Menores Ave

General Information

Standard status Active
Property subtype Multifamily
Listing Agency: Porosoff Group
Listed By: Arthur Porosoff · License #3160379
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 31 at 3:04AM

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 Porosoff Group

Investment Insights

Based on property information with market context.

This multifamily property is located at 115 Menores Ave in Coral Gables, within the North Ponce Conservation District. The surrounding area is characterized as a multifamily neighborhood, with planning efforts focused on preserving its residential character while supporting small-business activity.

The property is positioned ten blocks from Miracle Mile, an established shopping district undergoing public-realm improvements. The conservation-district framework described for the area would limit buildings to 20,000 square feet and three stories, while a separate mixed-use district along Ponce De Leon Boulevard would accommodate larger buildings with required step backs. Coral Gables is also the subject of additional commercial and residential development activity, including planned housing, office, and hotel components.

Key Highlights

  • 115 Menores Ave, Coral Gables, FL 33134
  • Located within the North Ponce Conservation District
  • Positioned ten blocks from Miracle Mile

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Restaurant Grocery & Convenience Store Pet Grooming Service Pet Store Pet Store & Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

6,880
Businesses Nearby

Demographics for 33134, FL

38,739
Population
18,136
Households
2.1
Avg Household Size
46
Median Age
54%
College-Educated
91%
High-School Grad
5.2 sq mi
ZIP Area
7,450
Density / Sq Mi
$92,009
Median Household Income
$56,392
Median Earnings
$1,818
Median Rent
$660,200
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Residential asset positioned within Coral Gables’ North Ponce neighborhood near Miracle Mile.
Where is this multifamily property located?
The property is located at 115 Menores Ave Coral Gables, FL.
What are key features of this property?
This property features: 115 Menores Ave, Coral Gables, FL 33134; Located within the North Ponce Conservation District; Positioned ten blocks from Miracle Mile
(305) 209-8866 Call to check price and availability
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