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Multifamily Apartment Building
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115 Salamanca Avenue, Coral Gables, FL 33134

Apartment building for sale near Miracle Mile, with proximity to restaurants, shops, and transit in Coral Gables.

Property Size4,950 SF
Price / SF$562.63
Days on Market125

Property Features for 115 Salamanca Avenue

General Information

Standard status Active
Size 4,950 SF
Class A
Property subtype Multifamily
Zoning 3801 MULTI-FAMILY MED DENSITY
Occupancy 90%
Investment Type Stabilized
Net Operating Income $124,600

Site & Location

Neighborhood Downtown Coral Gables

Building Details

Year Built 1962
Buildings 1
Stories 2
Units 8
Tenancy Multi
Listing Agency: Maddux & Company
Listed By: Jesse Cox · License #3342867
Source: Crexi
Added: Jun 26 Changed: Oct 26 Last Checked: Oct 28 at 6:39AM

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 Maddux & Company

Rey
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Investment Insights

Based on property information with market context.

115 Salamanca Avenue presents a for-sale multifamily apartment building in Coral Gables, FL. The property is positioned on a quiet, tree-lined street and is offered as a residential income asset.

According to the public remarks, the building is within walking distance of Miracle Mile, as well as nearby restaurants, shops, and transit. This location provides convenient access to surrounding neighborhood amenities.

Please note that additional building details such as unit count, unit mix, or interior features were not provided in the available information.

Key Highlights

  • Multi‑family apartment building for sale at 115 Salamanca Avenue
  • Built in 1962
  • Located in Coral Gables near Miracle Mile

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Apartment building for sale near Miracle Mile, with proximity to restaurants, shops, and transit in Coral Gables.
Where is this apartment building located?
The property is located at 115 Salamanca Avenue Coral Gables, FL.
What is the asking price?
The asking price for this property is $2,785,000.
What are key features of this property?
This property features: Multi‑family apartment building for sale at 115 Salamanca Avenue; Built in 1962; Located in Coral Gables near Miracle Mile
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