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61 Edgewater Dr, Coral Gables, FL 33133
$2,857,264
61 Edgewater Dr, Coral Gables, FL 33133View this property at 61 Edgewater Dr, Coral Gables, FL 33133
61 Edgewater DrCoral GablesFL33133
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Property Description
ONE OF A KIND BUILDING FOR SALE! Presenting a unique 2-story, 8-unit property situated in the esteemed city of Coral Gables, prominently located on the sought-after street of Edgewater Drive in PRIME LOCATION! Comprising four 1-bedroom/1-bathroom units & four 2-bedroom/2-bathroom units, this apartment building offers an outstanding development opportunity for any investor. Buildings like this don't come around often. Income in place while developing plans. Rents below market. Room for rent increase. This building enables an investor to acquire a stabilized, turn-key operation of a well-maintained apartment building in a high-barrier-to-entry Coral Gables Market. PLEASE DO NOT DISTURB TENANTS!
Full Property Details
Full Property Details for 61 Edgewater Dr
General
- Sold For: $2,857,264
- Taxes: $24,212 (2023)
- Status: Closed
- Type: Apartment
- MLS ID: A11489075
- Added to Site: 196 day(s) ago
Business
- Business Type: Apartments
Parking
- Parking Features: Assigned, On Street
Location
- County: Miami-Dade County
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Wall/Window Units
Utilities
- Sewer: Other
- Water: Public
Structural Information
- # Buildings: 1
- Detached/Attached: Detached
- Windows: Complete Impact Glass
- Stories/Levels: 2
- Building Size: 6772
- Year Built: 1959
- Other Struct. Feat.: Exterior Lighting, Laundry Facilities
Lot Features
- Lot Size (Sq. Ft.): 10,000
- Potential Use: Unknown/Withheld
- Zoning: 3803
Financial Considerations
- Tax Amount: $24,212
- Tax Year: 2023
- Terms: All Cash, Cash
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
- Special Conditions: Sale
- Legal Description: 29-32 54 41 SUNRISE HARBOUR REV PL PB 65-22 LOT 15 BLK 1 LOT SIZE 10000 SQUARE FEET OR 17596-3051 0497 1 COC 22180-4542 03 2004 1
- Inclusions: Building & Land
- Property ID: 03-41-29-041-0150
Listed by One Sotheby's International Realty
Sold by House Done
Get Pre-Approved Today
Schools
Schools serving 61 Edgewater Dr
School District:Miami-Dade County School District
Rating | Name | Grades | Distance |
---|---|---|---|
3351 Matilda St, Miami, FL 33133 | PK-5 | 1.6 mi | |
12829 Sw 272nd St, Homestead, FL 33032 | PK-8 | 16 mi | |
5801 Augusto St, Coral Gables, FL 33146 | 6-8 | 1.2 mi | |
450 Bird Rd, Coral Gables, FL 33146 | 9-12 | 1.9 mi | |
Robert Morgan Educational Center and Technical College
18180 Sw 122 Avenue, Miami, FL 33177 | 9-12 | 11.3 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 61 Edgewater Dr
Date
Details
Price
Change
Source
5/15/2024
Sold
$2,857,264
-15.96%
MLS
1/12/2024
Price Reduced
$3,400,000
-2.86%
MLS
12/20/2023
Price Reduced
$3,500,000
-3.66%
MLS
11/20/2023
Listed
$3,633,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
61 Edgewater Dr, Coral Gables, FL 33133 (MLS# A11489075) is a Apartment property that was sold at $2,857,264 on May 15, 2024. Want to learn more about 61 Edgewater Dr? Do you have questions about finding other Apartment 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.