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$2,395,000
New Listing

114 Menores Ave
Coral Gables, FL 33134

For Sale|Multi Family|Active
0
Beds
0
Total Baths
6,432
SqFt
$372
/SqFt
1925
Built
County:
Miami-Dade
Call Now: 321-804-3112
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321-804-3112
114 Menores Ave114 Menores Ave114 Menores Ave114 Menores Ave
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Fausto Commercial is pleased to present an exclusive opportunity to acquire 114 Menores Ave, a renovated, income- producing 8-unit multifamily building in Coral Gables' Douglas Section. The asset is 100% occupied, fully stabilized, and offers durable in-place cash flow with additional upside through mark-to-market rents supported by nearby comparable properties. Built in 1925 and renovated in 2020, the building comprises eight highly attractive and sought- after one-bedroom units averaging approximately 717 square feet. Improvements include new PVC/CPVC plumbing on a direct city connection, in-unit washers and dryers still under warranty, motion-sensor LED common- area lighting, and secured building entry. The property passed its 40-year recertification on June 10, 2025, valid through 2035 — a completed capital event and diligence hurdle that most Coral Gables buildings of this vintage still face. The current rent roll generates $193,886 gross annually against $74,224 in operating expenses, a 38.3% expense ratio, for $119,662 in trailing net operating income. In- place rents average $1,996 per unit against submarket asking rents of $2,250–$2,300, with seven of eight leases rolling by August 2027. Location is one block off Douglas Road in one of Coral Gables' most walkable residential neighborhoods — 0.3 miles to Publix, 0.7 miles to Miracle Mile. Fully recertified through 2035 and 100% occupied, with staggered leases running to August 2027

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Listing Snapshot
Price 
$2,395,000
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
6,432 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1894 Acres
Year Built 
1925
MLS® Number 
A12092653
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
6 hours agoListing first seen on site
10 hours agoListing updated with changes from the MLS®
General Features
Property Sub Type 
Multi Family
SqFt Total 
6432
Zoning 
3801
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Community Features
MLS Area 
41
Financing Terms Available 
Conventional
Listing courtesy of Fausto Commercial Realty Consultants Inc

The data relating to real estate for sale on this web site comes in part from the Miami Association of Realtors, Realtor Association of Greater Ft. Lauderdale, and the South Broward Board of Realtors. Information is deemed reliable but not guaranteed. Copyright © 2026, Miami Association of Realtors, Realtor Association of Greater Ft. Lauderdale, and the South Broward Board of Realtors. All rights reserved. The information being provided is 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. The use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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