406 Valencia Ave Coral Gables, FL 33134
- Small apartment buildings
Current Use by Public Records
- Small apartment buildings
Property Details for 406 Valencia Ave
- Year built
- 1950
- Property type
- Small apartment buildings
Description
This exceptional six-unit apartment building presents a compelling investment opportunity in the highly desirable Coral Gables, Florida, neighborhood. Located at 406 Valencia Ave, 33134, this two-story, 1950-built property offers a unique blend of established income and future growth potential. Its prime location places it within walking distance of Miracle Mile, ensuring consistent tenant demand and competitive rental rates. The property's multifamily structure, classified as an apartment building/duplex/triplex/quadruplex, provides a diversified income stream. This is a turnkey investment ready for immediate returns. Note that a neighboring six-unit building at 414 Valencia Ave is also available for sale from the same owner, presenting a potential for significant portfolio expansion. The asking price for this property is $2,800,000. This presents a rare opportunity to acquire a well-situated, income-generating asset in one of South Florida's most sought-after locations. The property's strong fundamentals and strategic location make it an ideal addition to any investment portfolio. Serious inquiries are encouraged.
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
- -80.2631171
- Latitude
- 25.7472122
