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Active - Other for sale
114 Menores Ave, Coral Gables FL 33134
Facts & features
Why you’ll love it
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
Listings courtesy of Fausto Commercial Realty Consultants Inc.
Listed by: Vicente Rodriguez • 786-862-8247 • Fausto Commercial Realty Consultants Inc
Co-listed by: Fausto Commercial Realty Consultants Inc
Source: Miami MLS, MLS#: A12092653
Based on info available as of Nov 14, 2026 at 6:44 PM EST.
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Affordability
$12,110/mo
- Mortgage$12,110
- Property tax$0
- HOA fee
- Homeowners insurance
Beycome estimates only. Actual amounts and terms vary by lender and location.
$47,900 Credit back
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Travel times
About Coral Gables
This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.
Flood & climate risk
FEMA Flood Zone AH
In a FEMA Special Flood Hazard Area — flood insurance is typically required with a federally-backed mortgage.
More details
Base flood elevation: 11 ft. Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.
Fire
Storm
Air quality
Pollen
Disclaimer
No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements.
Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions.
Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided.
Copyright ©2026.
Based on information as of Nov 14, 2026 at 06:44pm EST.
Make a winning offer, and get up to
$47,900 Credit back
