Coral Gables Apartment Redevelopment
For Sale
Contact for pricing
Pending
533 Coral Way, Miami, FL 33134
20-unit apartment building in prime Coral Gables location.
Property SizeContact for details
Days on Market146
Property Features for 533 Coral Way
General Information
Standard status
Pending
Property subtype
Multifamily
Listing Agency:
Marcus & Millichap
Listed By:
Landy Toledo · License #BK203706
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 30 at 9:36PM
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 Marcus & Millichap
Investment Insights
Based on property information with market context.
The Gables Walk Apartments offer a unique opportunity to acquire a 20-unit apartment building in Coral Gables, Florida, situated southwest of Downtown Miami. The property is located one block west of the Miracle Mile Shopping & Restaurant district, which has recently undergone infrastructure, streetscape, and sidewalk enhancements, along with the Giralda Avenue Restaurant Row area. In addition to its current use as a rental apartment operation, the site presents a future redevelopment opportunity for investors. The location is suitable for new luxury townhomes or a condominium project. Multifamily properties adjacent to the Granada Golf Course have been redeveloped as condominium buildings. Nearby projects recently completed within the Biltmore Section of Coral Gables include Biltmore Parc, townhome projects on Almeria Avenue and Valencia Avenue, and Beatrice Row on Anderson Road, Biltmore Way & Valencia Avenue. Nearby projects under construction include Biltmore Parc Townhomes located at the intersection of Anderson Road & Valencia Avenue, and Villa Biltmore located on Anastasia Avenue.
Key Highlights
- Prime location in the "Epicenter" of Coral Gables, just one block West of the Miracle Mile Shopping & Restaurant district.
- Future redevelopment opportunity for luxury townhomes or a condominium project.
- Located in Coral Gables, a city with high barriers to entry and affluent demographics.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
8,336
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - 20-unit apartment building in prime Coral Gables location.
Where is this apartment building located?
The property is located at 533 Coral Way Miami, FL.
What are key features of this property?
This property features: Prime location in the "Epicenter" of Coral Gables, just one block West of the Miracle Mile Shopping & Restaurant district.; Future redevelopment opportunity for luxury townhomes or a condominium project.; Located in Coral Gables, a city with high barriers to entry and affluent demographics.
