• Código: A12092653
• Estado: Activo
• Ciudad: Coral Gables - FL 33134
• Alcobas:
• Baños completos:
• Medios baños:
• Fecha contrucción: 1925
• Garajes:
• Área total: 598 M2
• Área construida: 0 M2
• Negocio: Venta Comercial

Fausto Commercial is pleased to present an exclusive opportunity to acquire 114 Menores Ave, a renovated, income- producing 8-unit multifamily building in Coral Gables' Douglas Section. The asset is 100% occupied, fully stabilized, and offers durable in-place cash flow with additional upside through mark-to-market rents supported by nearby comparable properties. Built in 1925 and renovated in 2020, the building comprises eight highly attractive and sought- after one-bedroom units averaging approximately 717 square feet. Improvements include new PVC/CPVC plumbing on a direct city connection, in-unit washers and dryers still under warranty, motion-sensor LED common- area lighting, and secured building entry. The property passed its 40-year recertification on June 10, 2025, valid through 2035 — a completed capital event and diligence hurdle that most Coral Gables buildings of this vintage still face. The current rent roll generates $193,886 gross annually against $74,224 in operating expenses, a 38.3% expense ratio, for $119,662 in trailing net operating income. In- place rents average $1,996 per unit against submarket asking rents of $2,250–$2,300, with seven of eight leases rolling by August 2027. Location is one block off Douglas Road in one of Coral Gables' most walkable residential neighborhoods — 0.3 miles to Publix, 0.7 miles to Miracle Mile. Fully recertified through 2035 and 100% occupied, with staggered leases running to August 2027

• Código: A12092653
• Estado: Activo
• Ciudad: Coral Gables - FL 33134
• Alcobas:
• Baños completos:
• Medios baños:
• Fecha contrucción: 1925
• Garajes:
• Área total: 6432 M2
• Área construida: M2
• Negocio: Venta Comercial

• Tarifa asociación:
• Frecuencia de la tarifa:
• Associación: No
• Características de la comunidad: Coral Gables
• Aire acondicionado: No
• Garage: No
• Calefacción: No
• Permite mascotas: No
• Subtipo de propiedad: Income/MultiFamily
• Comunidad de personas mayores: No
• Importe anual de impuestos:

• Año de construcción: 1925
• Accesorios:
• Area Total: 6432 M2
• Aire acondicionado:
• Piso:
• Calefacción:
• Lavandería:

• Estilo arquitectónico:
• Garages:
• Materiales de Construcción:
• Espacios cubiertos:
• Características Exteriores:
• Lavandería:
• Año de construcción: 1925
• Fencing:
• Características del lote:
• Características de parqueadero:
• Tiene vista: No
• Frente al mar: No