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MLS #A12092653 image #0
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 ratio, for$119,662 in trailing net operating income. In-place rents average $1,996 per unit againstsubmarket asking rents of $2,250–$2,300, withseven of eight leases rolling by August 2027.Location is one block off Douglas Road in one ofCoral Gables’ most walkable residentialneighborhoods — 0.3 miles to Publix, 0.7 milesto Miracle Mile.Fully recertified through 2035 and 100%occupied, with staggered leases running toAugust 2027
Current real estate data for Commercial in Coral Gables as of Nov 06, 2026
30
Commercial Listed
183
Avg DOM
$2,515,323
Avg List Price
Listing Provided Courtesy of Fausto Commercial Realty Consultants Inc at 786-748-7373

Property Details

Price:
$2,395,000
MLS #:
A12092653
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Multi Family
Subdivision:
Coral Gables
Neighborhood:
2410
Listed Date:
Sep 20, 2026
Total Sq Ft:
6,432
Lot Size:
359,370,000 sqft / 0.19 acres (approx)
Year Built:
1925
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Property Summary

    114 Menores Avenue Coral Gables FL is a Commercial for sale in Coral Gables, FL, 33134. It is listed for $2,395,000 To schedule a showing of MLS#a12092653 at 114 Menores Avenue in Coral Gables, FL, contact your Trust House Realty agent at 9543362003.

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114 Menores Avenue
Coral Gables, FL
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