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Commercial For sale Multifamily Low/Mid Income

Boutique 8-Unit Multifamily Investment Property for Sale in Coral Gables, FL

114 MENORES AVE, Coral Gables, Florida 33134

$2,395,000
$372 / sq ft Listed 41 days ago
6,432 sqft
Building
8,250 sqft
Lot
1925
Built
2
Stories
8
Units

About this property

Boutique 8-Unit Multifamily Investment Property for Sale in Coral Gables, FL is a multifamily for sale in Coral Gables, Florida, listed at $2,395,000. Key details: year built 1925, building size 6,432 sqft, lot size 8,250 sqft, stories 2. Listed by Vicente Rodriguez of Fausto Commercial on LoopingCloud and last updated October 2, 2026.

Discover an exceptional multifamily investment opportunity at 114 Menores Avenue, situated on a quiet residential block in Coral Gables’ premier Douglas Section. Positioned just steps from Douglas Road and a short walk to Publix and the vibrant shops and dining along Miracle Mile, this property offers an intimate, eight-unit apartment residence in one of Miami-Dade’s most land-constrained and enduring submarkets. Originally built in 1925 and thoughtfully renovated in 2020, the building successfully blends classic Coral Gables architecture with contemporary updates, including in-unit washers and dryers, upgraded PVC plumbing, modern electrical systems, motion-sensor LED hallway lighting, and secure building entry. Crucially, the asset has already completed its 40-Year Structural and Electrical Recertification with the City of Coral Gables, valid through 2035, removing a major capital milestone for incoming owners. Comprising eight well-proportioned one-bedroom, one-bathroom units with staggered lease expirations, the property delivers stable current income alongside clear upside potential as rents roll to market. Located minutes from Coral Gables Hospital and the University of Miami, 114 Menores delivers a turnkey, high-defensibility investment in a prime South Florida location.

Key highlights

  • Occupied

Lending Opportunities

Connect with a mortgage professional to explore financing options and see what you may qualify for.

CompanyLender typeContactPhone
TheLoanProsTeam Mortgage Broker Roxanne Chung (754) 707-5877
Money Solutions, LLC Mortgage Broker Jennifer A. Judice (813) 431-5000

Business Opportunities

LoopingCloud connects you with property buyers, sellers, and agents. Feature your business on residential and commercial listings.

CompanyBusiness typeContactPhone
BAY TITLE COMPANY Title Services ALANA Supraski (305) 692-8886

Property details

Key facts

Year Built
1925
Building Size
6,432 sqft
Lot Size
8,250 sqft
Stories
2
Total Units
8
Occupied
Yes
Occupancy
100%
Property Status
Normal Sale
Building Status
Existing

Pricing details

Financing
Third Party Financing
Investment Property
Active investment property

Investment snapshot

$372
Price per sq ft

Acquisition options

OptionAsking priceCap rateCommissionMonthly incomeOwnership
Purchase Only $2,395,000 - - - -

Features and amenities

Property Other Use Types

  • Property Type: Boutique multifamily apartment building.

Property Features

  • Total Units: 8 fully leased residential units.
  • Historic Charm Meets Modern Updates: Originally built in 1925 with a comprehensive renovation completed in 2020.
  • In-Unit Conveniences: Every apartment features an individual washer and dryer.
  • Upgraded Infrastructure: Modernized PVC plumbing and electrical systems throughout.
  • Security & Efficiency: Features secure building entry and motion-sensor LED hallway lighting.

Highlights

  • Unit Mix: Efficient one-bedroom, one-bathroom layouts.
  • Prime Location: Situated in Coral Gables' Douglas Section, steps from Miracle Mile and Douglas Road.
  • Capital Milestones Met: 40-Year Structural and Electrical Recertification completed and valid through 2035.
  • Value-Driver: Turnkey asset with steady in-place income and rent roll upside.
  • Strategic Proximity: Within easy reach of Coral Gables Hospital, the University of Miami, retail hubs, and public transit.

Location

Address as shown by the lister.

Get directions

About this area - Miami

Population
34,045
Housing units
15,477
Land area
5.2 sq mi
County
Miami Dade

Neighborhood

Places shown on the map come from Google Maps and are near the property. Check details with each place before you rely on them.

Documents, links and contacts

Links

2 links

Additional contacts

2 people to reach

Frequently asked questions

What is the asking price of Boutique 8-Unit Multifamily Investment Property for Sale in Coral Gables, FL?

Boutique 8-Unit Multifamily Investment Property for Sale in Coral Gables, FL is listed at $2,395,000. That works out to about $372 per square foot.

Where is Boutique 8-Unit Multifamily Investment Property for Sale in Coral Gables, FL located?

The property is in 114 MENORES AVE, Coral Gables, Florida 33134, Miami Dade County.

What type of property is this?

This is a multifamily for sale in the commercial category.

How big is the property?

The building is 6,432 sqft. The lot is 8,250 sqft.

Is financing available?

The lister indicates: Third Party Financing.

Who do I contact about this listing?

Vicente Rodriguez of Fausto Commercial listed this property. Use the Request Info button to send a message or call (305) 431-2258.

When was this listing published?

It was published on October 2, 2026 and last updated on October 2, 2026.

Listing information

Listing ID
CL-Florida-28675
Published
Oct 2, 2026
Last updated
Oct 2, 2026

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Disclaimer: LoopingCloud is a social listing portal that connects real estate professionals, service providers, buyers, and sellers. All property information, descriptions, availability, financial details, and any offerings are provided by the respective lister or service provider and are not independently verified by LoopingCloud.

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