114 Menores Avenue, Coral Gables, FL 33134

$2,395,000
Property Type: Commercial Sale Square Footage: 6,432 Status: Active
Current Price: $2,395,000 List Date: 9/21/2026 Last Modified: 9/30/2026

Overview

Description

Fausto Commercial is pleased to presentan exclusive opportunity to acquire 114Menores Ave, a renovated, income-producing 8-unit multifamily building inCoral Gables' Douglas Section. The asset is100% occupied, fully stabilized, and offersdurable in-place cash flow with additionalupside through mark-to-market rentssupported by nearby comparableproperties.Built in 1925 and renovated in 2020, the buildingcomprises eight highly attractive and sought-after one-bedroom units averagingapproximately 717 square feet. Improvementsinclude new PVC/CPVC plumbing on a directcity connection, in-unit washers and dryers stillunder warranty, motion-sensor LED common-area lighting, and secured building entry. Theproperty passed its 40-year recertification onJune 10, 2025, valid through 2035 — acompleted capital event and diligence hurdlethat most Coral Gables buildings of this vintagestill face. The current rent roll generates$193,886 gross annually against $74,224 inoperating expenses, a 38.3% expense ...

Listing Details MLS# A12092653

General Property Information

Property Sub Type
Multi Family
Occupant Type
Call Listing Agent
Building Area Main
6432
Year Built
1925
Lot Size Area
8250
Lot Size Acres
0.19

Property Features

Listing Terms: Conventional; Other

Contract Information

Comp Sale YN
No
Original List Price
2395000

Location and Legal

Country
United States
County Or Parish
Miami-Dade
County Parish Name
Miami-Dade
Street Number
114
Street Name
Menores
Street Suffix
Avenue
City Name
Coral Gables
Municipal Code
3
State Or Province
FL
Postal Code
33134
Postal Code +4
4073
Area
2410
Parcel Number
0341080093750
Subdivision Number
9
Zoning
3801
Flood Zone
AH

Financial Information

Tax Legal Description
CORAL GABLES DOUGLAS SEC PB 25-69 LOT 8 & W1/2 LOT 9 BLK 36 LOT SIZE 75.000 X 110 OR 20331-3112 03/2002 5

Status Change Information

Major Change Timestamp
2026-09-21T04:00:00Z
Major Change Type
New Listing
Status Change Date
2026-09-21

More Information

Price Calculations

Current Price To SqFt
372.35

Section Details

Parcel Number MLX
3750

Originating Details

Originating System Key
564225111
Originating System ID
M00000151
IDX
Listing Office: Fausto Commercial Realty Consultants Inc
Source MLS Verified
Last Updated: September - 30 - 2026
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