533 Coral Way Miami, FL 33134

Listing office Marcus & Millichap

Listing date Apr 11, 2026

Source Crexi

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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

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FAQs

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.