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Multifamily Redevelopment Assemblage
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311 Navarre Ave, Coral Gables, FL 33134

Two-parcel assemblage with two existing multifamily buildings totaling 11 income-producing units in Downtown Coral Gables.

Property SizeContact for details
Lot Size0.43 Acres
Days on Market135

Property Features for 311 Navarre Ave

General Information

Standard status Active
Lot size 0.43 Acres
Property subtype Multifamily
Zoning MF2

Additional Details

Multifamily Units 11
Listing Agency: Colliers - Miami, Florida
Listed By: Gerard Yetming · License #FL BK707047
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 23 at 10:30AM

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 Colliers - Miami, Florida

Investment Insights

Based on property information with market context.

Colliers, as exclusive listing broker, presents the Navarre Avenue covered-land assemblage for sale at 311 & 315 Navarre Avenue. The offering includes two parcels totaling 18,550 square feet and two existing multifamily buildings, together providing 11 income-producing multifamily units.

The site is positioned directly on Navarre Avenue between S LeJeune Road and Ponce de Leon in the heart of Downtown Coral Gables. Underlying land use is zoned Multifamily 2 (MF2), which allows for a variety of uses including condominium, apartment, hotel, office, and commercial development. The property is also within the Coral Gables Mediterranean Style Standards Overlay, which allows potential height and density bonuses.

A Land Use and Zoning Due Diligence Memo is available in the Deal Room.

Key Highlights

  • Two‑parcel assemblage at 311 & 315 Navarre Avenue in Downtown Coral Gables with 2 existing multifamily buildings
  • 18,550 SF total site area (0.43 acres) directly on Navarre Avenue between S LeJeune Road and Ponce de Leon
  • 11 income‑producing multifamily units across the two buildings

Property Analytics

Current Use

Apartment buildings

Suggested Use

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

11
Residential units

Location Intelligence

Trade Area within ½ mile

8,316
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 - Two-parcel assemblage with two existing multifamily buildings totaling 11 income-producing units in Downtown Coral Gables.
Where is this apartment building located?
The property is located at 311 Navarre Ave Coral Gables, FL.
What are key features of this property?
This property features: Two‑parcel assemblage at 311 & 315 Navarre Avenue in Downtown Coral Gables with 2 existing multifamily buildings; 18,550 SF total site area (0.43 acres) directly on Navarre Avenue between S LeJeune Road and Ponce de Leon; 11 income‑producing multifamily units across the two buildings
(786) 433-5383 Call to check price and availability
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