406 Valencia Ave Coral Gables, FL 33134
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.