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Historic Coral Rock Multifamily Property
For Sale
$3,200,000

1301 Milan Ave, Coral Gables, FL 33134

Five cottages and an additional architectural structure form a private village-style compound with courtyards and tropical landscaping.

Property Size2,736 SF
Price / SF$1,169
Days on Market117

Property Features for 1301 Milan Ave

General Information

Standard status Active
Size 2,736 SF
Property subtype Quadruplex

Taxes and HOA fees

Annual Taxes $19,847

Amenities

courtyards
pathways
green spaces

Building Details

Building Size 2,736 SF
Year Built 1929
Buildings 6
Construction coral rock
Listing Agency: Keller Williams Capital Realty
Listed By: Kelly Belem Pereira · License #3621699
Source: Allyandaj
Added: Apr 22 Changed: Aug 15 Last Checked: Aug 16 at 2:26PM

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 Keller Williams Capital Realty

Investment Insights

Based on property information with market context.

Built in 1929, this multifamily compound in Coral Gables features five individual cottages and one distinctive architectural structure arranged within a lush tropical setting. The property is crafted from authentic coral rock and includes exposed coral stone walls, wood beam ceilings, intimate courtyards, winding pathways, and green spaces. The residences emphasize indoor-outdoor living and present a cohesive architectural character across the village-style layout.

Located at 1301 Milan Avenue, the property is moments from Granada Golf Course and minutes from fine dining, boutique shopping, and cultural destinations. Its combination of multiple residential structures, historic construction, and landscaped shared spaces creates a distinctive multifamily property with a private, retreat-like setting.

Key Highlights

  • Five individual cottages plus one distinctive architectural structure
  • Built in 1929 with authentic coral rock construction
  • Exposed coral stone walls and wood beam ceilings

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Restaurant Food Market Storage Facility

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

1,005
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
Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Five cottages and an additional architectural structure form a private village-style compound with courtyards and tropical landscaping.
Where is this multifamily property located?
The property is located at 1301 Milan Ave Coral Gables, FL.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: Five individual cottages plus one distinctive architectural structure; Built in 1929 with authentic coral rock construction; Exposed coral stone walls and wood beam ceilings
More about this property
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