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$2,400,000

  • For Sale
  • Active
  • Multi-Family
  • 3 Units
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A rare 1925 Old Spanish gem set on a prominent 14,300 SF corner lot in the heart of The City Beautiful. Originally built as a fourplex, the residence has been thoughtfully reimagined with a spacious three-bedroom penthouse spanning the entire top floor, complemented by two one-bedroom residences below, featuring multiple fireplaces and charming architectural details-offering exceptional flexibility for end users or investors. With expansion potential, including a vacant 5,500 SF corner portion, and an unbeatable walkable location near the financial district, this timeless property blends historic character with modern opportunity. A cinematic landmark, featured in Italian films and commercials, and truly one of a kind.

Full Property Details for 111 Salamanca Ave

General

  • Price: $2,400,000
  • Taxes: $46,540 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: Greater_Miami
  • MLS ID: A11934340
  • Updated: 12/22/2025
  • Added to Site: 26 day(s) ago

Rental Information

  • Rent Includes: Hot Water, Gardener, Sewer, Trash Collection, Water

Interior

  • Flooring: Tile, Wood

Exterior

  • Exterior Features: Exterior Lights, Open Balcony, Room for Pool
  • Deck/Patio: Open Balcony, Open Porch, Patio

Parking

  • Total Spaces: 2

Location

  • Area: C Gab Douglas Sec
  • County: Miami-Dade County
  • Subdivision: C GAB DOUGLAS SEC
  • Building Name: C GAB DOUGLAS SEC

Community

  • Community Name: C Gab Douglas Sec
  • Units Assoc/Comm: 4

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Ceiling Fan(s), Central Air, Electric, Paddle Fans
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer
  • Water: Municipal Water

Structural Information

  • Architectural Style: Old Spanish
  • Structure Type: Quadruplex, Fourplex
  • Detached/Attached: Detached
  • Construction: Concrete Block Construction, CBS Construction
  • Roof: Barrel Roof, Flat Roof With Facade Front
  • Windows: Partial Panel Shutters/Awnings, Awning, Blinds
  • Stories/Levels: 2
  • Building Size: 4946
  • Square Feet: 4,946
  • Living Area: 4,946 Sq. Ft.
  • Year Built: 1925

Unit Information

  • Units in Complex: 4

Lot Features

  • Lot Features: 1/4 To Less Than 1/2 Acre Lot, Corner Lot
  • Zoning: 3801

Financial Considerations

  • Price Per Sq. Ft.: $485.24
  • Tax Amount: $46,540
  • Tax Year: 2025
  • Terms: All Cash, Conventional

Disclosures and Reports

  • Documents Avail.: Copy Of Lease(S)
  • Legal Description: CORAL GABLES DOUGLAS SEC PB 25-69 LOTS 10-11 & E 30FT LOT 12 BLK 29 LOT SIZE 130.000 X 110 OR 13230-4177 0387 1
  • Property ID: 03-41-08-009-2790

Listed by One Sotheby's International Realty

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— 111 Salamanca Ave —

  • One Sotheby's International Realty

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 111 Salamanca Ave

School District:Dade County School District
NameGradesDistance
Coral Gables Preparatory Academy
105 Minorca Avenue, Coral Gables, FL 33134
PK-50.3 mi
Ponce De Leon Middle School
5801 Augusto Street, Coral Gables, FL 33146
6-83.1 mi
Coral Gables Senior High School
450 Bird Road, Coral Gables, FL 33146
9-121.8 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 111 Salamanca Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/22/2025
Listed
$2,400,000
140%
MLS
8/20/2025
Sold
$1,000,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 111 Salamanca Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$39,268
—
$2,458,771
1%
2023
$39,134
28%
$2,439,534
50%
2021
$30,564
-11%
$1,620,967
-20%
2022
$34,189
12%
$2,013,698
24%
2021
$30,564
10%
$1,621,175
22%
2019
$27,882
8%
$1,324,534
10%
2018
$25,738
15%
$1,204,122
-9%
2017
$22,368
6%
$1,323,938
33%
2016
$21,080
7%
$995,143
10%
2015
$19,714
13%
$904,676
10%
2014
$17,432
15%
$822,433
10%
2013
$15,121
—
$747,667
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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111 Salamanca Ave, Coral Gables, FL 33134 (MLS# A11934340) is a Multi-Family property with 3 units containing 0 bedrooms and 0 full bathrooms. 111 Salamanca Ave is currently listed for $2,400,000 and was received on December 22, 2025. Want to learn more about 111 Salamanca Ave? Do you have questions about finding other Multi-Family real estate for sale in Coral Gables? You can browse all Coral Gables real estate or contact a Coldwell Banker agent to request more information.

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