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Biltmore Villas Multifamily Property
For Sale
Contact for pricing
Pending

416 Santander Ave, Coral Gables, FL 33134

Well-maintained 30-unit multifamily property built in 1964 in Coral Gables.

Property SizeContact for details
Days on Market125

Property Features for 416 Santander Ave

General Information

Standard status Pending
Property subtype Multifamily

Additional Details

Multifamily Units 30

Building Details

Year Built 1964
Tenancy Multi
Listing Agency: CBRE - Fort Lauderdale
Listed By: Calum Weaver · License #FL 3057668
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Aug 11 at 12:43PM

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.

Biltmore Villas is a 30-unit multifamily property built in 1964. The property is described as well maintained and has its 40-year certification, with a modest value-add program referenced in the offering materials.

The property is centrally located in Coral Gables, with a reported 87 walk score. It is within walking distance of Downtown Coral Gables and Miracle Mile.

The offering materials note an average asking rent and reference market rents for the Coral Gables submarket, along with an estimated potential rent level for the units under a value-add program.

Key Highlights

  • 30‑unit multifamily property at 416‑426 Santander Avenue in Coral Gables
  • Built in 1964 and described as having its 40‑year certification
  • Average asking rent of $2,869 and market rent at $2,020, per provided remarks

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Florist Butcher Electrical Service Restaurant Mobile Phone Store

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

30
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

6,191
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 30-unit multifamily property built in 1964 in Coral Gables.
Where is this apartment building located?
The property is located at 416 Santander Ave Coral Gables, FL.
What are key features of this property?
This property features: 30‑unit multifamily property at 416‑426 Santander Avenue in Coral Gables; Built in 1964 and described as having its 40‑year certification; Average asking rent of $2,869 and market rent at $2,020, per provided remarks
More about this property
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