Coral Gables, FL 33133,61 Edgewater Dr
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Coral Gables, FL 33133,61 Edgewater Dr
Coral Gables, FL 33133,61 Edgewater Dr
Coral Gables, FL 33133,61 Edgewater Dr
Coral Gables, FL 33133,61 Edgewater Dr

$2,857,263

Est. payment /mo

$3,400,000

16.0%
Est.Price: ?

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61 Edgewater Dr Coral Gables, FL 33133

6,772 SqFt

SOLD DATE : 05/15/2024

Key Details

Sold Price $2,857,263

Property Type Multi-Family

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

Square Footage 6,772 sqft

Price per Sqft $421

MLS Listing ID A11489075

Year Built 1959

Annual Tax Amount $24,212

Tax Year 2023

Lot Size 10,000 Sqft

Property 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!

Location

State FL

County Miami-dade County

Area 41

Interior

Heating Window Unit, Wall Furnace

Cooling Wall/Window Unit(s)

Exterior

Exterior Feature Security/High Impact Doors

Waterfront No

Building

Story 2

Sewer Other

Water Public

Others

Acceptable Financing Cash

Listing Terms Cash

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Listed by One Sotheby's International Realty
Bought with House Done

Tara Panaccione

Agent | License ID: 3299544

+1(305) 916-0597

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