291 Navarre Ave Coral Gables, FL 33134
- Small apartment buildings
Current Use by Public Records
- Small apartment buildings
Property Details for 291 Navarre Ave
- Year built
- 1948
- Property type
- Small apartment buildings
Description
This exceptional investment opportunity presents a charming four-unit apartment building situated in the heart of Coral Gables, Florida, at 291 Navarre Avenue, zip code 33134. Built in 1948, this two-story building offers four spacious units, each featuring two bedrooms and one bathroom. The apartments boast high ceilings and formal dining rooms, providing comfortable living spaces. The property's prime location offers unparalleled convenience, with easy walking access to Publix, Target, and the vibrant restaurants and cafes of downtown Coral Gables, including the Financial Center. Its proximity to Miracle Mile adds to its desirability. All four units are currently rented, generating immediate income. Recent repainting enhances the property's appeal. The building's strong rental history and current occupancy levels indicate a stable and potentially lucrative investment. The asking price is $1,950,000. The owner is motivated to sell, presenting a compelling opportunity for a discerning investor seeking a well-located, income-producing multifamily property in a highly desirable area. This is a rare chance to acquire a turnkey investment in the thriving Coral Gables market.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Coral Gables
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.2606962
- Latitude
- 25.7544982
