Commercial property in Coral Gables, Florida № 1097174
4
ID1097174
$ 5 500 000
- EUR €
- USD $
- RUB ₽
- GBP £
Property description
Secure a premium investment opportunity with this 15-unit multifamily building in the desirable Coral Gables area. It is fully occupied and features an elevator and covered parking, providing tenants with essential comforts and convenience. The property is a robust income source with a 100% occupancy rate. Each unit offers well-kept living spaces that tenants can call home. Additional amenities include a communal pool and on-site laundry facilities, enhancing the living experience. Situated in a vibrant neighborhood, the building enjoys proximity to local amenities, fine dining, and cultural hotspots. This multifamily building is a strategic investment for those seeking a combination of stable tenancy and desirable location perks.MLS #: A11562849
Coral Gables - Statistics
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| Parameters | Coral Gables |
|---|---|
| Rent Per Month | |
| Apartment (1 bedroom) in City Centre | $ 2 995.00 |
| Apartment (1 bedroom) Outside of Centre | $ 2 030.00 |
| Apartment (3 bedrooms) in City Centre | $ 4 800.00 |
| Apartment (3 bedrooms) Outside of Centre | $ 3 495.00 |
| Buy Apartment Price | |
| Price per Square Meter to Buy Apartment in City Centre | $ 11 463.56 |
| Price per Square Meter to Buy Apartment Outside of Centre | $ 12 378.50 |
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| Parameters | Coral Gables |
|---|---|
| Rent Index | 60.98 |
| Restaurant Price Index | 83.96 |
| Property Price to Income Ratio | 10.22 |
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| Parameters | Coral Gables |
|---|---|
| Restaurants | |
| Meal, Inexpensive Restaurant | $ 15.00 |
| Meal for 2 People, Mid-range Restaurant, Three-course | $ 80.00 |
| McMeal at McDonalds (or Equivalent Combo Meal) | $ 12.00 |
| Domestic Beer (0.5 liter draught) | $ 6.00 |
| Imported Beer (0.33 liter bottle) | $ 7.00 |
| Coke/Pepsi (0.33 liter bottle) | $ 2.50 |
| Water (0.33 liter bottle) | $ 1.86 |
| Cappuccino (regular) | $ 5.00 |
| Markets | |
| Milk (regular), (1 liter) | $ 1.19 |
| Loaf of Fresh White Bread (500g) | $ 4.15 |
| Eggs (regular) (12) | $ 3.99 |
| Local Cheese (1kg) | $ 19.50 |
| Water (1.5 liter bottle) | $ 1.23 |
| Bottle of Wine (Mid-Range) | $ 22.00 |
| Domestic Beer (0.5 liter bottle) | $ 1.73 |
| Imported Beer (0.33 liter bottle) | $ 3.25 |
| Cigarettes 20 Pack (Marlboro) | $ 6.50 |
| Apples (1kg) | $ 5.51 |
| Chicken Fillets (1kg) | $ 12.15 |
| Oranges (1kg) | $ 5.05 |
| Potato (1kg) | $ 3.37 |
| Lettuce (1 head) | $ 2.69 |
| Rice (white), (1kg) | $ 4.56 |
| Tomato (1kg) | $ 5.14 |
| Banana (1kg) | $ 1.57 |
| Onion (1kg) | $ 3.04 |
| Beef Round (1kg) (or Equivalent Back Leg Red Meat) | $ 21.58 |
| Transportation | |
| One-way Ticket (Local Transport) | $ 2.25 |
| Monthly Pass (Regular Price) | $ 112.50 |
| Gasoline (1 liter) | $ 0.78 |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | $ 18 230.00 |
| Taxi Start (Normal Tariff) | $ 2.95 |
| Taxi 1km (Normal Tariff) | $ 2.36 |
| Taxi 1hour Waiting (Normal Tariff) | $ 24.00 |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | $ 21 427.00 |
| Utilities (Monthly) | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment | $ 167.01 |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | $ 60.00 |
| $ 40.00 | |
| Salaries And Financing | |
| Average Monthly Net Salary (After Tax) | $ 5 833.33 |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.76 |
| Sports And Leisure | |
| Fitness Club, Monthly Fee for 1 Adult | $ 269.00 |
| Cinema, International Release, 1 Seat | $ 16.00 |
| Clothing And Shoes | |
| 1 Pair of Jeans (Levis 501 Or Similar) | $ 59.75 |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | $ 25.00 |
| 1 Pair of Nike Running Shoes (Mid-Range) | $ 87.67 |
| 1 Pair of Men Leather Business Shoes | $ 103.33 |
| Childcare | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | $ 450.00 |
| International Primary School, Yearly for 1 Child | $ 43 300.00 |
Data are provided by Numbeo.com and are based on its users survey. Florida.realestate can not guarantee the validity of these data.
Contact the seller
CityCoral Gables
Address810 Salzedo St, Coral Gables FL 33134
TypeCommercial property
Completion dateIV quarter, 1969
Parking places15
Parking typeOpen air
Price
- Price
- per m²
$ 5 500 000
- EUR €
- USD $
- RUB ₽
- GBP £
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