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61 Edgewater Dr, Coral Gables FL 33133,Coral Gables,Miami-Dade County,Commercial Sale

  • $3,400,000

Overview

  • Income/MultiFamily
  • Property Type

Description

ONE OF A KIND BUILDING FOR SALE! Presenting a unique 2-story, 8-unit property situated in the esteemed city of Coral Gables, prominently located on the sought-after street of Edgewater Drive in PRIME LOCATION! Comprising four 1-bedroom/1-bathroom units & four 2-bedroom/2-bathroom units, this apartment building offers an outstanding development opportunity for any investor. Buildings like this don’t come around often. Income in place while developing plans. Rents below market. Room for rent increase. This building enables an investor to acquire a stabilized, turn-key operation of a well-maintained apartment building in a high-barrier-to-entry Coral Gables Market. PLEASE DO NOT DISTURB TENANTS!

  • Address: Edgewater Dr
  • City: Coral Gables
  • State/county: Miami-Dade County
  • Zip/Postal Code: 33133

Details

Updated on January 20, 2024 at 12:42 pm
  • Price $3,400,000
  • Year Built 1959
  • Property Type Income/MultiFamily
  • Property Status Commercial Sale

Additional details

  • PublicSurveyRange 41
  • ShowingInstructions Call Listing Agent
  • ListAgentKey 1bab5755e17bd5e03ce9dbc5a7be4c16
  • TaxLegalDescription 29-32 54 41 SUNRISE HARBOUR REV PL PB 65-22 LOT 15 BLK 1 LOT SIZE 10000 SQUARE FEET OR 17596-3051 0497 1 COC 22180-4542 03 2004 1
  • OnMarketDate 2023-11-20
  • ListAgentEmail mariaisabelsalum.realtor@gmail.com
  • ContractStatusChangeDate 2023-11-20
  • MajorChangeTimestamp 2023-11-20T20:42:57.107Z
  • PhotosCount 100
  • SubAgencyCompensation 2%
  • Cooling Wall/Window Unit(s)
  • StatusChangeTimestamp 2023-11-20T20:42:57.107Z
  • PriceChangeTimestamp 2023-11-20T16:33:14.240Z
  • ListingKeyNumeric 388796264
  • MajorChangeType New
  • ListingContractDate 2023-11-20
  • ListAOR A-Miami Association of REALTORS
  • TaxAnnualAmount 24212
  • ListOfficeName One Sotheby's International Realty
  • OriginatingSystemKey miamire
  • BusinessType Apartments
  • DualVariableCompensationYN no
  • PhotosChangeTimestamp 2023-11-21T10:19:53.387Z
  • OriginatingSystemName Miami Association of REALTORS®
  • ListOfficePhone 305-666-0562
  • MlsStatus Active
  • StreetNumber 61
  • ListingKey 16579e71302842216b70b0c4b3b8213f
  • StateOrProvince FL
  • ShowingContactType Agent
  • ListOfficeKey d5f8ed5543c0146734c344d0b7f2b8df
  • BridgeModificationTimestamp 2023-11-21T17:51:15.832Z
  • ListAgentFullName Maria Salum
  • ListAgentOfficePhone 305-666-0562
  • Stories 2
  • ParcelNumber 03-41-29-041-0150
  • ListingTerms All Cash, Cash
  • SignOnPropertyYN no
  • OtherExpense 0
  • Possession Funding
  • IDXParticipationYN yes
  • InternetAddressDisplayYN yes
  • ListAgentMlsId 3338536
  • StoriesTotal 2
  • ModificationTimestamp 2023-11-21T15:54:27.050Z
  • OriginatingSystemID miamire
  • DaysOnMarket 1
  • BuyerAgencyCompensationType %
  • ListOfficeMlsId OSIR01
  • Inclusions Building & Land
  • ListAgentDirectPhone 305-746-3079
  • StreetNumberNumeric 61
  • ParkingFeatures Assigned, On Street
  • PostalCodePlus4 6956
  • NumberOfUnitsInCommunity 0
  • Sewer Other
  • SyndicationRemarks ONE OF A KIND BUILDING FOR SALE! Presenting a unique 2-story, 8-unit property situated in the esteemed city of Coral Gables, prominently located on the sought-after street of Edgewater Drive in PRIME LOCATION! Comprising four 1-bedroom/1-bathroom units & four 2-bedroom/2-bathroom units, this apartment building offers an outstanding development opportunity for any investor. Buildings like this don't come around often. Income in place while developing plans. Rents below market. Room for rent increase. This building enables an investor to acquire a stabilized, turn-key operation of a well-maintained apartment building in a high-barrier-to-entry Coral Gables Market. PLEASE DO NOT DISTURB TENANTS!
  • Heating Wall/Window Units
  • ListAgentStateLicense 3338536
  • PublicSurveyTownship 41
  • ListOfficeFax 305-666-4187
  • ListingAgreement Exclusive Right To Sell
  • PublicSurveySection 29
  • ListingId A11489075
  • SpecialListingConditions Sale
  • NumberOfBuildings 1
  • OriginalListPrice 3633000
  • BuildingAreaUnits Square Feet
  • InternetEntireListingDisplayYN yes
  • BuyerAgencyCompensation 2%
  • InternetAutomatedValuationDisplayYN yes
  • BuildingFeatures Exterior Lighting, Laundry Facilities
  • OriginalEntryTimestamp 2023-11-20T20:42:57.107Z
  • SourceSystemKey 388796264
  • LotSizeSquareFeet 10000
  • InternetConsumerCommentYN yes
  • BuildingAreaTotal 6772

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