515 Catalonia Ave

    Coral Gables, FL 33134
    • $1,150,000
    • STATUS: Active
    • ON SITE: 48 days
    • MLS #: A10681313
    UPDATED: 37 min ago
    $1,150,000
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    41
    Type:
    Commercial
    Built:
    1926
    County:
    Area:
    41

    School Ratings & Info

    Description

    Unique opportunity to own a 5-Unit Old Spanish building in the heart of Coral Gables. Units are in turnkey condition with fantastic Gables charm. 2, detached 2-story buildings with 5 separately metered apartments; Four 1 bed 1 bath and One 1 bed plus den/closet utilized as 2nd bedroom. Excellent Location short walk to Coral Gables Youth Center, Miracle Mile, Biltmore, Venetian Pool and Merrick Park. Building is fully leased. Above market 5.1% Cap rate based on actual(current) Income & expense. $83,640 Gross Income, $24,903 Total Expenses and $58,737 NOI(See attached income/expense analysis). Passed 40 Year inspection in 2016.

    Monthly Payment Calculator



    Copyright 2019, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2019, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2019-07-17T08:41:02.257.
    www.prestigergmiami.com/homes/95280235

    515 Catalonia Ave Coral Gables, FL 33134

    • Price: $1,150,000
    • Status: Active
    • Updated: 37 min ago
    • MLS #: A10681313
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    1926
    Built
    Neighborhood:
    41
    County:
    Miami-Dade
    Area:
    41
    Property Description
    Unique opportunity to own a 5-Unit Old Spanish building in the heart of Coral Gables. Units are in turnkey condition with fantastic Gables charm. 2, detached 2-story buildings with 5 separately metered apartments; Four 1 bed 1 bath and One 1 bed plus den/closet utilized as 2nd bedroom. Excellent Location short walk to Coral Gables Youth Center, Miracle Mile, Biltmore, Venetian Pool and Merrick Park. Building is fully leased. Above market 5.1% Cap rate based on actual(current) Income & expense. $83,640 Gross Income, $24,903 Total Expenses and $58,737 NOI(See attached income/expense analysis). Passed 40 Year inspection in 2016.
    Exterior Features

    Num Loading Doors 0 Num Parking Spaces 6 Parking Description Other Parking Waterfront Property Yn No

    Interior Features

    Interior Ceiling Height 9.0000 Maximum Ceiling Height 9.0000 Num Offices 0

    Property Features

    Approximate Lot Size 6500 Electric Service Separate Meters Flood Zone X Num Bays 0 Num Tenants 5 Section 17 Short Sale Yn No Tax Amount 11863 Terms Considered All CashConventional/Refinance Typeof Property Income Year Built Description Resale

    Listing courtesy of Engel & Voelkers.


    Copyright 2019, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2019, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2019-07-17T08:41:02.257.
     
    Prestige Realty Group, LLC
    5966 S Dixie Highway, Suite 300
    Miami FL, 33143