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Multifamily

300 Majorca Ave

300 Majorca Ave, Coral Gables, FL 33134

Listing Price: $12,750,000

Cap Rate
3.90%
Number of Units
17
GRM
16.66
Occupancy
98.0%
Price/Unit
$750,000
Price/Gross SF
$346.39
Gross SF
36,808

Investment Overview

Marcus & Millichap is proud to offer for sale 300 Majorca Avenue, a very rare opportunity to acquire one of the few "boutique" multifamily rental buildings in Coral Gables. 300 Majorca is a 17-unit apartment building which was completed in 2009, designed by the renowned Coral Gables architectural firm Bellin & Pratt. The building has a mix of two townhouses and 15 two-bedroom/two-bathroom apartments. Building amenities include under-cover parking, a fitness center, courtyard fountains, lush landscaping, and an outdoor barbecue terrace on the 4th floor.

Investment Highlights

  • Covered Parking
  • Lush Landscaping
  • Large Units
  • Fitness Center and Outdoor Grilling Terrace
  • Walking Distance to Shops and Restaurants

Exclusively Listed By

Financing By

Multifamily

300 Majorca Ave

Listing Price: $12,750,000

Cap Rate
3.90%
Number of Units
17
GRM
16.66
Occupancy
98.0%
Price/Unit
$750,000
Price/Gross SF
$346.39
Gross SF
36,808

Investment Highlights

  • Covered Parking
  • Lush Landscaping
  • Large Units
  • Fitness Center and Outdoor Grilling Terrace
  • Walking Distance to Shops and Restaurants

Investment Overview

Marcus & Millichap is proud to offer for sale 300 Majorca Avenue, a very rare opportunity to acquire one of the few "boutique" multifamily rental buildings in Coral Gables. 300 Majorca is a 17-unit apartment building which was completed in 2009, designed by the renowned Coral Gables architectural firm Bellin & Pratt. The building has a mix of two townhouses and 15 two-bedroom/two-bathroom apartments. Building amenities include under-cover parking, a fitness center, courtyard fountains, lush landscaping, and an outdoor barbecue terrace on the 4th floor.

Exclusively Listed By

Financing By

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