300 Malaga Ave, Coral Gables, FL 33134
- Commercial real estate
- 24,000 SF
Current Use by Public Records
- Commercial real estate
Property Details for 300 Malaga Ave
- Year built
- 2027
- Property type
- Commercial real estate
- APN
- 0341170058240, 0341170058250, 0341170058270
Description
This exceptional redevelopment opportunity in Coral Gables, Florida, presents a unique chance to capitalize on a prime 24,000 square foot lot. The property consists of three existing single-family homes on Malaga Avenue, currently 100% occupied, providing immediate rental income during the entitlement process. The site is zoned MF-2, allowing for the development of up to 10-11 tri-level row houses, maximizing the potential for a luxury development in a highly desirable South Florida location. The existing buildings offer a significant advantage, generating income while plans are finalized. The property's location within Coral Gables offers unparalleled access to amenities and a prestigious address. The potential for upzoning to MX-1, mirroring a large-scale development across the street, further enhances the investment potential. The assemblage includes three parcels with APNs: 0341170058240, 0341170058250, and 0341170058270, held under fee simple ownership. The property is situated at 300 Malaga Ave, Coral Gables, FL 33134, in Miami-Dade County. Built in 2027, the property offers a unique blend of immediate income and long-term development potential. This is a rare opportunity to create a high-end residential project in one of South Florida's most sought-after neighborhoods.
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Location Insight
- Map
- Local Demand
- City
- Coral Gables
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.260674443949
- Latitude
- 25.743920927258
