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$1,950,000
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Property Description
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
Full Property Details for 111 Salamanca Ave
General
- Sold For: $1,950,000
- Taxes: $46,540 (2025)
- Status: Closed
- Type: Multi-Family
- Source: Greater_Miami
- MLS ID: A11934340
- Added to Site: 153 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
- Potential Use: Unknown/Withheld
- Zoning: 3801
Financial Considerations
- Price Per Sq. Ft.: $394.26
- 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 and Sold by One Sotheby's International Realty
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Schools
Schools serving 111 Salamanca Ave
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Coral Gables Preparatory Academy 105 Minorca Avenue, Coral Gables, FL 33134 | PK-5 | 0.3 mi |
Ponce De Leon Middle School 5801 Augusto Street, Coral Gables, FL 33146 | 6-8 | 3.1 mi |
Coral Gables Senior High School 450 Bird Road, Coral Gables, FL 33146 | 9-12 | 1.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 111 Salamanca Ave
Date
Details
Price
Change
Source
5/08/2026
Sold
$1,950,000
-18.75%
MLS
12/22/2025
Listed
$2,400,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
111 Salamanca Ave, Coral Gables, FL 33134 (MLS# A11934340) is a Multi-Family property that was sold at $1,950,000 on May 08, 2026. 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.

