1301 Milan Ave Coral Gables, FL 33134

This exceptional Coral Gables property, located at 1301 Milan Ave, presents a unique investment opportunity. The 23,630 sq. ft. lot houses a charming 1926-built, 1,227 sq. ft. main house featuring four bedrooms and four bathrooms. The property also includes five charming cottages, adding to its significant rental potential. Approved plans exist for a 1,046 sq. ft. expansion to the main house and an additional 1,001 sq. ft. of rental space in the cottages. Outdoor amenities include a 351 sq. ft. pergola, a sunset roof terrace, lush gardens, tunnels, grottos, and a carved bridge, contributing to the property's distinctive character and charm. The property's historical designation allows for operation as a Bed & Breakfast, capitalizing on the high demand for unique accommodations in Coral Gables. The asking price for this remarkable property is $6,000,000. Situated in Miami-Dade County, Florida, with a 33134 zip code, this property offers a rare blend of history, charm, and significant expansion potential. This is a truly exceptional opportunity to own a piece of Coral Gables history.