For Sale
$1,950,000

291 Navarre AveCoral Gables, FL 33134

Four-unit apartment building, prime location.

Overview

Added:
Dec 11, 2024
Days on market:
113
This exceptional investment opportunity presents a charming four-unit apartment building situated in the heart of Coral Gables, Florida, at 291 Navarre Avenue, zip code 33134. Built in 1948, this two-story building offers four spacious units, each featuring two bedrooms and one bathroom. The apartments boast high ceilings and formal dining rooms, providing comfortable living spaces. The property's prime location offers unparalleled convenience, with easy walking access to Publix, Target, and the vibrant restaurants and cafes of downtown Coral Gables, including the Financial Center. Its proximity to Miracle Mile adds to its desirability. All four units are currently rented, generating immediate income. Recent repainting enhances the property's appeal. The building's strong rental history and current occupancy levels indicate a stable and potentially lucrative investment. The asking price is $1,950,000. The owner is motivated to sell, presenting a compelling opportunity for a discerning investor seeking a well-located, income-producing multifamily property in a highly desirable area. This is a rare chance to acquire a turnkey investment in the thriving Coral Gables market.

Highlights

  • Four-unit apartment building in desirable Coral Gables, FL (33134).
  • Two-story building with four 2 bed/1 bath units, built in 1948.
  • High ceilings and formal dining rooms in each unit.
  • Prime location near Publix, Target, Miracle Mile, and downtown Coral Gables restaurants.
  • 100% occupied, generating immediate income.
  • Recently repainted; strong rental history.

Property Details for 291 Navarre Ave

Property type
Apartment buildings, Small apartment buildings
Year Built
1948
Stories
2
Units
4

Location Insight

City
Coral Gables
County
Miami-Dade
State
Florida
Latitude
25.7544982
Longitude
-80.2606962
291 Navarre Ave, Coral Gables, Florida

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291 Navarre Ave
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