414 Valencia Ave Coral Gables, FL 33134
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for 414 Valencia Ave
- Year built
- 1960
- Property type
- Commercial real estate
Description
This exceptional six-unit multifamily property, located at 414 Valencia Avenue in the desirable Coral Gables, Florida, presents a compelling investment opportunity. Built in 1960, this two-story building comprises four one-bedroom, one-bathroom apartments and two studio units. Its strategic location places it within walking distance of Miracle Mile, ensuring high occupancy rates and strong rental income. The property's strong rental history and consistent demand make it an attractive proposition for investors seeking a stable and profitable asset. The asking price is $2,500,000. Note that a similar building, located directly across the street at 406 Valencia Avenue, is also available for sale from the same owner, presenting a potential for significant portfolio expansion. This property is situated in Miami-Dade County, Florida, with a zip code of 33134. The property's location in Coral Gables guarantees consistent demand and competitive rental rates, making it an ideal investment for those seeking a secure and lucrative return. This is a turnkey opportunity to acquire a well-maintained multifamily property in a highly sought-after area.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Coral Gables
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.263309
- Latitude
- 25.7471972
