333 Bird Rd, Coral Gables, FL 33146
This exceptional Coral Gables investment property, located at 333 Bird Road, presents a unique opportunity to acquire a six-unit multifamily compound. The property consists of four parcels totaling over 21,000 square feet, offering significant potential for future development. Two existing buildings provide substantial rental income, with one boasting 8 bedrooms and 5 bathrooms across 3,684 square feet, situated on an 11,517 square foot lot, and the other featuring 6 bedrooms and 4 bathrooms in 3,150 square feet on a 5,150 square foot lot. Two additional vacant lots, totaling 5,150 square feet, provide the opportunity to construct two new units, further enhancing the property's value and rental income. The current average annual gross rental income is $201,000. The asking price for this prime Coral Gables real estate is $7,999,999. The seller will consider holding a purchase money first mortgage. This is a multi-family property; please do not walk the property without prior arrangement. This property is located in the desirable Miami-Dade County, Florida, with a zip code of 33146.
Cap rate
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Property description
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