61 Edgewater Dr, Coral Gables, FL 33133

$3,633,000
List Price
$3,633,000
Days on Market
19
MLS#
A11489075
Year Built
1959
Lot Size
10,000

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!

Additional Information

Taxes
$24,212
Community Features
Not Found
Zoning
3803
Heating
Wall/Window Units
Air Conditioning
Wall/Window Unit(s)

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing Courtesy Of One Sotheby's International Realty, Contact: