515 Catalonia Ave

Out Of Market
Recommend
Out Of Market

$1,150,000

0 Bed 0 Bath 3,574 sqft
515 Catalonia Ave Coral Gables
Out Of Market
Recommend

42

Home61's Closings in

Coral Gables

Amenities

Air Conditioning
Central Heat
N/A
Refrigerator
N/A
Dishwasher
N/A
Washer
N/A
Walk-In Closets
N/A
Water View
N/A
Pool
Doorman
N/A
Valet
N/A
Gym
N/A
Impact Windows
N/A

Key features

Living area
3,574 sqft
Maintenance
$ 0
Tax
$11,863 (2018)
Tenant Occupied
Yes
Parking Space
6
Floor #
N/A
Building
CORAL GABLES BILTMORE SEC
On market
1800 days
$ /sqft
$ 322
Type
apartment
Unit
-
Year Built
1926
Zip Code
33134
Ref./MLS ID
A10676497

DESCRIPTION

Unique opportunity to own a 5-unit old spanish building in the heart of coral gables.  Units are in turnkey condition with fantastic gables charm.  2, detached 2-story buildings with 5 separately metered apartments; four 1 bed 1 bath and one 1 bed plus den/closet utilized as 2nd bedroom.  Excellent location short walk to coral gables youth center, miracle mile, biltmore, venetian pool and merrick park.  Building is fully leased.  Above market 5.  1% cap rate based on actual(current) income & expense.  $83,640 gross income, $24,903 total expenses and $58,737 noi(see attached income/expense analysis).  Passed 40 year inspection in 2016.  


Data is provided by Miami Board of Realtors.

Public transportation

Segovia St & Palermo Av
56
1 mins
Segovia St & Malaga Av
56
2 mins
Segovia St & Almeria Av
56
2 mins
SW 42 Av & Malaga Av
42
56
3 mins

Nearby School In Coral Gables

Data Provided by greatschools.org

RATING
Name
GRADE
DISTANCE
10
Somerset Gables Academy
K-4
0.2 miles
2
Brucie Ball Educational Center
PK-12
1 miles
5
Coral Gables Senior High School
9-12
0.7 miles
NR
Learning Experience School
n/a
0.3 miles
Neighborhood

Coral Gables

  • shopping
  • family
  • scenic
  • residences
  • homes
  • business
  • restaurants
  • bridal
  • university of miami
  • biltmore hotel
Listed on May 23, 2019 by Israel Salabarria from Engel & Voelkers, this apartment is for sale. apartment for sale in Coral Gables listed at $1,150,000, Reference A10676497

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