114 Menores Avenue, Coral Gables, FL 33134
$2,395,000 · $372 per sq ft · Multifamily for sale
- Property type: Multi Family
- Asking price: $2,395,000
- Price per sq ft: $372
- Building size: 6,432 sq ft
- Lot size: 8,276 sq ft
- Zoning: 3801
- Year built: 1925
- Parcel ID: 0341080093750
- MLS#: A12092653
About this property
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
Presented by
BreakThru Realty · (786) 914-1017
Courtesy of
Fausto Commercial Realty Consultants Inc · cfm@faustocommercial.com · Listing agent: Vicente Javier Rodriguez
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by BeachesMLS. Listings held by brokerage firms other than BreakThru Realty carry the name of the listing broker.
Request a tour or more information
Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to tour 114 Menores Avenue or to ask for what the listing leaves out: the rent roll, the leases and the operating statements.
Questions About 114 Menores Avenue
- How much is 114 Menores Avenue?
- 114 Menores Avenue is listed at $2,395,000, about $372 per square foot of building. Ask for the rent roll, the existing leases and the operating statements: for an income property those, more than the asking price, show what the building is worth.
- What is 114 Menores Avenue zoned?
- The listing reports zoning of 3801. Permitted uses, parking and signage are set by the city or county zoning code, so confirm your intended use with the local zoning office before you close.
- How big is 114 Menores Avenue?
- The listing reports 6,432 square feet of building.
- When was 114 Menores Avenue built?
- 114 Menores Avenue was built in 1925. For an older commercial building, ask about the roof, the HVAC and electrical systems, fire and life-safety compliance and whether a county building safety recertification is due.
- How do I tour 114 Menores Avenue?
- Request a tour from this page or call BreakThru Realty. A licensed agent will arrange access with the listing broker and ask for what the listing leaves out, such as the rent roll, the leases and the operating statements.
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