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23-Unit Apartment Building
For Sale
Contact for pricing
Pending

126 Salamanca Ave, Coral Gables, FL 33134

Well-maintained multifamily property with loft-style layouts, renovated residences, and a mix of one- and two-bedroom units.

Property SizeContact for details
Days on Market145

Property Features for 126 Salamanca Ave

General Information

Standard status Pending
Property subtype Multifamily

Units

Unit Mix 20 x 1BR/1BA, 3 x 2BR/1BA
Multifamily Units 23

Building Details

Year Built 1964
Listing Agency: CBRE - Fort Lauderdale
Listed By: Calum Weaver · License #FL 3057668
Source: Crexi
Added: Apr 11 Changed: Sep 2 Last Checked: Sep 1 at 10:19AM

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 CBRE - Fort Lauderdale

Investment Insights

Based on property information with market context.

Salamanca Apartments is a 23-unit multifamily property built in 1964, with an average unit size of approximately 523 square feet. The configuration includes 20 one-bedroom/one-bathroom residences and three two-bedroom/one-bathroom residences. Fifteen apartments feature loft-style designs with living areas downstairs and bedrooms above. Thirteen units have been renovated, and the property received its 40-year certification. Roofs were replaced in 2013.

The property is located at 126-134 Salamanca Avenue in Coral Gables, within walking distance of Downtown Coral Gables and Miracle Mile. Historical occupancy has been 100 percent. The tenant base has primarily consisted of young professionals who work from home or nearby.

Key Highlights

  • 23‑unit apartment property built in 1964
  • Unit mix includes 20 one‑bedroom/one‑bathroom and three two‑bedroom/one‑bathroom residences
  • 15 units feature loft‑style layouts with downstairs living areas and upstairs bedrooms

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Grocery & Convenience Store (Bike/Boat/Book/etc) Store Restaurant 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.

Lease Details

23
Residential units

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?
Apartment building - Well-maintained multifamily property with loft-style layouts, renovated residences, and a mix of one- and two-bedroom units.
Where is this apartment building located?
The property is located at 126 Salamanca Ave Coral Gables, FL.
What are key features of this property?
This property features: 23‑unit apartment property built in 1964; Unit mix includes 20 one‑bedroom/one‑bathroom and three two‑bedroom/one‑bathroom residences; 15 units feature loft‑style layouts with downstairs living areas and upstairs bedrooms
More about this property
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