Gables Biltmore Apartments, Commercial Industrial – 719 BILTMORE WAY, Coral Gables-001-11-30T00:00:00-05:00
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, assi

719 BILTMORE WAY, Coral Gables

$5,950,000 USD
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Address719 BILTMORE WAY, Coral Gables
Building NameGables Biltmore Apartments
Type of BusinessApartments, Residential-Multi-Family
Business LocationCity Location
Property StyleIncome Non-Waterfront
Price$5,950,000
Property StatusActive
MLS NumberA10728960
Property Size12000
Lot Size12000
Year Built1959
Parking Space Number12
Folio Number03-41-17-008-0160
Gross Operating Income$223,620
Net Operating Income$155,920
Zoning InformationMF-2
Days on Market211

Detailed 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 and 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 ft, Max Permitted Floor Area Ratio 29,960 sq.ft. Lot size 12,000 sq.ft. Survey available.

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Address Information
StateFlorida
CityCoral Gables
CountyMiami-Dade County
Zip Code33134
Address719 BILTMORE WAY
Business LocationCity Location
Section17
Financial Information
Price$5,950,000
Price per Foot$0
Folio Number03-41-17-008-0160
Gross Operating Income$223,620
Net Operating Income$155,920
Full Descriptions
Detailed DescriptionCoral 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 and 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 ft, Max Permitted Floor Area Ratio 29,960 sq.ft. Lot size 12,000 sq.ft. Survey available.
How to ReachLeJeune Road to Biltmore Way. Go west to building on north side of the street. Please do not enter building nor disturb tenants.
Roof DescriptionTile Roof
Floor DescriptionTile, Wood
Cooling DescriptionCentral Individual A / C
Heating DescriptionCentral Individual A / C
Water DescriptionPublic
Parking DescriptionAssigned, Other
Property parameters
Living Area12000
Lot Size12000
Total Acreage0.000
Zoning InformationMF-2
Maximum Leasable Size12000
Year Built1959
Type of BusinessApartments, Residential-Multi-Family
StyleIncome Non-Waterfront
Building NameGables Biltmore Apartments
Construction TypeConcrete Block Construction
Stories Number2
Parking Space Number12
Listed withAcosta & Associates Inc