315 Navarre Ave - Apartments FOR SALE


Coral Gables, FL 33134- Coral Gables Section
$3,500,000 USD
305-510-6627
315 Navarre Ave, Coral Gables, FL for Sale
$3,500,000 USD
Apartments - FOR SALE
1/1
null | 4.54% Cap Rate

315 Navarre Ave
Coral Gables, FL 33134
Coral Gables Section


HIGHLIGHTS

  • The adjacent vacant lot is also available for purchase at $500,000, which is not included in the $3,700,000 asking price for the building.

OVERVIEW

Fausto Commercial Realty proudly presents 315 Navarre Avenue, a prime multifamily investment in the heart of Coral Gables. This 9-unit building totals 9,702 SF of living area on a highly desirable Coral Gables street, just steps from Miracle Mile and across from the brand-new Sofia Coral Gables luxury apartments. Sitting on a 1927-built structure with classic Coral Gables charm, this property provides both immediate income and long-term redevelopment potential. With a price of $3,500,000, 315 Navarre offers investors the rare opportunity to own a stabilized asset in one of South Florida’s most supply-constrained and walkable neighborhoods. Surrounded by high-end retail, dining, and residential developments, the location ensures strong tenant demand and rental upside. The MF2 zoning enhances the long-term value, with significant redevelopment potential in a market where multifamily land trades at premium pricing. Whether held for steady cash flow or positioned for future assemblage and redevelopment, 315 Navarre is a rare Coral Gables opportunity with durable income and built-in appreciation.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$546 USD /SF

# OF UNITS

9

PRICE/UNIT

$388,889

CAP RATE

4.54%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1927

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,250 SF

ZONING

MF2

APN/PARCEL ID

03-4108-006-0630

ASK ABOUT THIS PROPERTY

Vicente RodriguezFausto Commercial Realty ConsultantsMore Info
305-510-6627

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Vicente RodriguezFausto Commercial Realty ConsultantsMore Info
305-510-6627

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.