719 Biltmore Way,Income Non-Waterfront, Apartments, Residential-Multi-Family

719 Biltmore Way, Coral Gables, Florida, 33134

Price $5,950,000.00

  • Lot size 12000
  • Year Build 1959
  • Waterfront
  • Zip 33134
  • Style
  • Parking Description Assigned, Other
  • Pool Yes
  • Status Active

Description

Coral Gables' most outstanding opportunity for investor or developer! 12 unit apartment building in mint condition. 100% leased. On Biltmore Way, the Park Avenue of Coral Gables. One bedroom one bath units. Tile roof, sparkling pool, laundry facilities, assigned parking spaces, individual Trane central a/c units, updated granite & stainless steel kitchens w/dishwashers. Gross Income $223,620. Net Operating Income $156,000. Walk to Miracle Mile, restaurants, Publix, Granada Golf Course. For development information, see MLS # A10694013. The Zoning District is MF-2 (subject to Site Specific Regulations). Max Permitted Density 21 units, Max Permitted Height 16 stories or 190.5 feet, Max Permitted Floor Area Ratio 29, 960 sq ft. Lot size 12,000 sq ft. Survey available.

TO REQUEST INFORMATION OR TO SET UP AN APPOINTMENT, PLEASE TEXT L/A AT (305) 775-4181 or CALL (305) 661-1265.

City Location

Coral Gables' most outstanding opportunity for investor or developer! 12 unit apartment building in mint condition. 100% leased. On Biltmore Way, the Park Avenue of Coral Gables. One bedroom one bath units. Tile roof, sparkling pool, laundry facilities, assigned parking spaces, individual Trane central a/c units, updated granite & stainless steel kitchens w/dishwashers. Gross Income $223,620. Net Operating Income $156,000. Walk to Miracle Mile, restaurants, Publix, Granada Golf Course. For development information, see MLS # A10694013. The Zoning District is MF-2 (subject to Site Specific Regulations). Max Permitted Density 21 units, Max Permitted Height 16 stories or 190.5 feet, Max Permitted Floor Area Ratio 29, 960 sq ft. Lot size 12,000 sq ft. Survey available.

City:Coral Gables,Zoning:MF-2,List A O R:A-Miami Association of REALTORS,Flooring:1:Wood,Latitude:25.7482645,Malone Id:1046267572,Cooling Y N:1,Heating Y N:1,Lease Term:Annual Lease,List Price:5950000,Listing Id:A10728960,Longitude:-80.2696347,Mls Status:Active,Year Built:1959,Directions:LeJeune Road to Biltmore Way. Go west to building on north side of the street. Please do not enter building nor disturb tenants.,Inclusions:Building & Land,Postal Code:33134,Street Name:Biltmore Way,Coordinates:1:25.7482645,Gross Income:223620,Photos Count:7,Supplements:1:Order:2,Mime Type:application/pdf,Class Name:Residential,Resource Name:Property,Media Category:PDF,Media Object I D:327714765_2,Short Description:New Attachment,Building Name:Gables Biltmore Apartments,Business Type:1:Residential-Multi-Family,Days On Market:315,Listing Terms:1:Conventional/Refinance,Lot Size Units:Square Feet,On Market Date:2019-06-14,Parcel Number:03-41-17-008-0160,Parking Total:12,Property Type:Commercial Sale,Stories Total:2,Street Number:719,Public Remarks:Coral Gables' most outstanding opportunity for investor or developer! 12 unit apartment building in mint condition. 100% leased. On Biltmore Way, the Park Avenue of Coral Gables. One bedroom one bath units. Tile roof, sparkling pool, laundry facilities, assigned parking spaces, individual Trane central a/c units, updated granite & stainless steel kitchens w/dishwashers. Gross Income $223,620. Net Operating Income $156,000. Walk to Miracle Mile, restaurants, Publix, Granada Golf Course. For development information, see MLS # A10694013. The Zoning District is MF-2 (subject to Site Specific Regulations). Max Permitted Density 21 units, Max Permitted Height 16 stories or 190.5 feet, Max Permitted Floor Area Ratio 29, 960 sq ft. Lot size 12,000 sq ft. Survey available.,County Or Parish:Miami-Dade County,Expiration Date:2021-06-13,Frontage Length:100,Private Remarks:TO REQUEST INFORMATION OR TO SET UP AN APPOINTMENT, PLEASE TEXT L/A AT (305) 775-4181 or CALL (305) 661-1265.,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,New Taxes Expense:26335,Parking Features:1:Other,State Or Province:FL,Unparsed Address:719 Biltmore Way, Coral Gables FL 33134,Listing Agreement:Exclusive Right To Sell,Operating Expense:67700,Security Features:1:Security Fence,Building Area Total:7000,Building Area Units:Square Feet,Lease Considered Y N:1,Lot Size Square Feet:12000,Number Of Buildings:1,Original List Price:5950000,Public Survey Range:41,Documents Available:1:Drawings,2:Existing Survey,I D X Participation Y N:1,Net Operating Income:155920,Syndication Remarks:Coral Gables' most outstanding opportunity for investor or developer! 12 unit apartment building in mint condition. 100% leased. On Biltmore Way, the Park Avenue of Coral Gables. One bedroom one bath units. Tile roof, sparkling pool, laundry facilities, assigned parking spaces, individual Trane central a/c units, updated granite & stainless steel kitchens w/dishwashers. Gross Income $223,620. Net Operating Income $156,000. Walk to Miracle Mile, restaurants, Publix, Granada Golf Course. For development information, see MLS # A10694013. The Zoning District is MF-2 (subject to Site Specific Regulations). Max Permitted Density 21 units, Max Permitted Height 16 stories or 190.5 feet, Max Permitted Floor Area Ratio 29, 960 sq ft. Lot size 12,000 sq ft. Survey available.,Listing Contract Date:2019-06-14,Originating System I D:miamire,Public Survey Section:17,Showing Instructions:Call Listing Agent,Street Number Numeric:719,Electric On Property Y N:1,Public Survey Township:41,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:3%,Contract Status Change Date:2019-06-14,Internet Address Display Y N:1,Number Of Units In Community:12,Transaction Broker Compensation:3%,Internet Entire Listing Display Y N:1,Transaction Broker Compensation Type:%,

  • Price $5,950,000.00
  • Price Change: 2019-08-23
  • Lot size sq. ft.
  • Price per sq.ft.
  • Year Build 1959
  • Waterfront
  • View
  • Pool Yes
  • Style
  • Construction Concrete Block Construction
  • Parking Description Assigned, Other
  • Flooring Type Tile, Wood
  • Property Type Commercial Sale
  • Status Active
  • Listed 2019-08-23
  • Days on Market 539
  • Furnished
  • City Coral Gables
  • Zip 33134
  • State Florida
  • Subdivision
  • Development Name Gables Biltmore Apartments
  • HOA Fees
  • Taxes
  • Taxes Year