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111 Salamanca Ave
Coral Gables, FL 33134
MULTIFAMILY & DEVELOPMENT OPPORTUNITY IN CORA · Multifamily Property For Sale
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4 Units
INVESTMENT HIGHLIGHTS
- Just minutes from the bustling Brickell district, offering premier business hubs and high-end entertainment.
- Close to the eclectic charm of Coconut Grove, with its waterfront views and bohemian vibe.
- With world-class amenities, Coral Gables boasts top-rated schools, luxury shopping at the iconic Miracle Mile, celebrated dining experiences, and lush
- A short drive to Miami International Airport, ensuring seamless travel to domestic and international travelers.
- Easy access to Downtown Miami, a cultural and economic powerhouse.
EXECUTIVE SUMMARY
One Sotheby’s International Realty proudly presents 111 Salamanca Avenue, a premier 4-unit multi-family property located in the heart of Coral Gables, FL. Situated on the corner of Salamanca Avenue and Galiano Street, this property offers timeless charm and modern potential in one of South Florida’s most prestigious neighborhoods. With each unit averaging 1,236 square feet in size, this is a rare chance to own a spacious and versatile asset in a city known for its sophisticated living and enduring value. This property offers a unique investment opportunity that is perfect for generating steady rental income or redevelopment. This property stands out as a prime candidate for redevelopment into a new multi-family venture, offering limitless potential in a city renowned for its high property values and ever-growing demand for upscale living spaces.
For developers, 111 Salamanca Avenue is a golden opportunity to transform a premium corner lot into a state-of-the-art multi-family property that blends seamlessly with Coral Gables’ historic charm. With its prime location and the city’s robust demand for modern residences, this property has the potential to deliver significant returns. This is your chance to invest in one of South Florida’s most sought-after markets. Whether you choose to renovate the existing 4-unit property or embark on a transformative development project, 111 Salamanca Avenue offers the perfect canvas to bring your vision to life.
Coral Gables, fondly known as “The City Beautiful,” is an ideal location for real estate investment. Renowned for its architectural charm, tree-lined streets, and luxurious lifestyle, the city attracts residents and visitors from around the globe. Its strategic location and timeless appeal make it a magnet for investors, professionals, and families alike. 111 Salamanca Avenue benefits from its proximity to world-class amenities, including vibrant dining and shopping districts, top-rated schools, and lush parks.
Coral Gables continues to be a sought-after destination for homeowners and investors alike, offering an unmatched blend of history, luxury, and accessibility. It is not just a city—it’s a lifestyle destination. Its allure lies in its picturesque streets, vibrant culture, and proximity to South Florida’s key attractions. Don’t miss the opportunity to own a piece of this extraordinary city.
For developers, 111 Salamanca Avenue is a golden opportunity to transform a premium corner lot into a state-of-the-art multi-family property that blends seamlessly with Coral Gables’ historic charm. With its prime location and the city’s robust demand for modern residences, this property has the potential to deliver significant returns. This is your chance to invest in one of South Florida’s most sought-after markets. Whether you choose to renovate the existing 4-unit property or embark on a transformative development project, 111 Salamanca Avenue offers the perfect canvas to bring your vision to life.
Coral Gables, fondly known as “The City Beautiful,” is an ideal location for real estate investment. Renowned for its architectural charm, tree-lined streets, and luxurious lifestyle, the city attracts residents and visitors from around the globe. Its strategic location and timeless appeal make it a magnet for investors, professionals, and families alike. 111 Salamanca Avenue benefits from its proximity to world-class amenities, including vibrant dining and shopping districts, top-rated schools, and lush parks.
Coral Gables continues to be a sought-after destination for homeowners and investors alike, offering an unmatched blend of history, luxury, and accessibility. It is not just a city—it’s a lifestyle destination. Its allure lies in its picturesque streets, vibrant culture, and proximity to South Florida’s key attractions. Don’t miss the opportunity to own a piece of this extraordinary city.
PROPERTY FACTS
| Price Per Unit | $763,191 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.33 AC |
| No. Units | 4 | Building Size | 7,879 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built/Renovated | 1925/1993 |
| Apartment Style | Low-Rise | Parking Ratio | 1.25/1,000 SF |
| Zoning | 3801 MULTI-FAMILY MED DEN | ||
| Price Per Unit | $763,191 CAD |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.33 AC |
| Building Size | 7,879 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1925/1993 |
| Parking Ratio | 1.25/1,000 SF |
| Zoning | 3801 MULTI-FAMILY MED DEN |
PROPERTY TAXES
| Parcel Number | 03-4108-009-2790 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $3,258,100 CAD |
PROPERTY TAXES
Parcel Number
03-4108-009-2790
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$3,258,100 CAD
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