Price Reduced 6.41%
Price History
$3,633,000
11/20/2023
$3,500,000
12/20/2023
$3,400,000
1/13/2024
61 Edgewater Dr, Coral Gables, FL, 33133
1959
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!
Status:
Pending
Type:
Commercial
Zoning:
3803
Garage:
Assigned, On Street
Heating:
Window Unit, Wall Furnace
Cooling:
Wall/Window Unit(s)
Est. Taxes:
$24,212
Days on Market:
94
MLS #:
A11489075
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Listing courtesy of ONE SOTHEBY'S INTERNATIONAL REALTY Phone: 305-666-0562