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Renovated Eight-Unit Apartment Building
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473 Menendez Ave, Coral Gables, FL 33146

Two-story multifamily property with updated interiors, smart-home features, and resident and visitor parking.

Property SizeContact for details
Days on Market142

Property Features for 473 Menendez Ave

General Information

Standard status Active
Total Parking Spaces 12
Property subtype Multifamily

Units

Unit Mix 8 x 1BR/1BA
Multifamily Units 8

Amenities

smart home technology

Building Details

Year Built 1927
Year Renovated 2019
Buildings 1
Stories 2
Listing Agency: Cushman & Wakefield - Miami, Florida
Listed By: Virgilio Fernandez · License #SL3397219
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 11:09AM

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 Cushman & Wakefield - Miami, Florida

Investment Insights

Based on property information with market context.

This two-story apartment property contains eight one-bedroom, one-bath residences, each offering more than 620 SF of living area. Originally built in 1927, the building underwent a complete renovation in 2019. Improvements include contemporary kitchens with stainless-steel appliances, impact windows, refreshed bathrooms, wood flooring, and smart-home technology. Surface parking provides 12 spaces for residents and visitors.

The property is positioned near S LeJeune Road in Coral Gables, with roadway connections toward South Dixie Highway and Miami International Airport. Its location also provides access to the broader Coral Gables employment base and the Miami-area business centers surrounding the airport, Port of Miami, and Downtown Miami.

Key Highlights

  • Eight‑unit apartment building with eight one‑bedroom, one‑bath residences
  • More than 620 SF of living area per residence
  • Complete renovation completed in 2019

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Building Supply Garden Center Electrical Service Storage Facility (Bike/Boat/Book/etc) Store Barber Shop

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

8
Residential units

Location Intelligence

Trade Area within ½ mile

1,826
Businesses Nearby

Demographics for 33146, FL

16,468
Population
6,788
Households
2.4
Avg Household Size
29
Median Age
75%
College-Educated
98%
High-School Grad
3.1 sq mi
ZIP Area
5,312
Density / Sq Mi
$124,712
Median Household Income
$41,105
Median Earnings
$2,774
Median Rent
$1,141,800
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-story multifamily property with updated interiors, smart-home features, and resident and visitor parking.
Where is this apartment building located?
The property is located at 473 Menendez Ave Coral Gables, FL.
What are key features of this property?
This property features: Eight‑unit apartment building with eight one‑bedroom, one‑bath residences; More than 620 SF of living area per residence; Complete renovation completed in 2019
(305) 613-4507 Call to check price and availability
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