SHENANDOAH GARDEN APARTMENTS Listing Details & Market Data

2360 - 2398 Coral Way, Coral Gables, FL 33145

  • For Sale $8,000,000
  • Property Type Multi-Family
  • Property Size 20,213 SF
  • Units 26
  • Lot Size 0.64 Acre
  • Year Built 1949
  • Year Renovated 2017
  • Date Updated Mar 9, 2024
This property presents a unique opportunity for investors looking for residential and commercial real estate in the highly coveted Coral Way Submarket of Coral Gables.This property presents a unique opportunity for investors looking for residential and commercial real estate in the highly coveted Coral Way Submarket of Coral Gables.Welcome to the Shenandoah Garden Apartments, located at 2360-2398 SW 22nd St! This property presents a unique opportunity for investors looking for residential and commercial real estate in the highly coveted Coral Way Submarket of Coral Gables. Spanning across two adjacent lots with a generous total area of 27,500 square feet, the Shenandoah Garden Apartments feature a combined built area of 20,213 square feet. Positioned along the bustling Coral Way, this property boasts an impressive 270 feet of frontage, providing excellent visibility and exposure. Comprised of four interconnected buildings, the Shenandoah Garden Apartments offer a total of 26 residential units. The unit mix includes 16 spacious two-bedroom units, 8 comfortable one-bedroom units, and 2 cozy studio units. With their thoughtful design and quality construction, these buildings provide residents with a welcoming and comfortable living environment. Investors will appreciate the potential for steady rental income and long-term appreciation in this attractive Coral Gables location. Whether you're seeking to expand your real estate portfolio or looking for a profitable investment opportunity, the Shenandoah Garden Apartments offer the perfect blend of residential and commercial potential. Don't miss out on this exciting opportunity to own a piece of prime real estate in Coral Gables. Contact us today to learn more about the Shenandoah Garden Apartments and schedule a private viewing.

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Highlights

  • PROPERTY HIGHLIGHTS
  • 26 existing multifamily units with enormous upside in rents.
  • Long term tenants
  • 93% occupancy
  • Enclosed atrium
  • 40 yr. recertification in hand
  • Roof(s) 2017. NO LEAKS
  • Seller financing option
  • LOCATION HIGHLIGHTS
  • This project is centrally located between Coral Gables and the Brickel area
  • Possibility to upzone and redevelop.
  • SITE DETAIL
  • Number of units | 26
  • Price Per Unit | $307,692
  • Rentable Sqft | 20,213
  • Land Size | 2 Lots Totaling 20,213

Contacts

broker

Agustin Duarte

RE/MAX 360 Real Estate

(305) 605-0360

Location

Getting Around

  • Walk Score ®

    Very Walkable (88)
  • Transit Score ®

    Some Transit (43)
  • Bike Score ®

    Bikeable (58)
Powered by Walk Score ®
  • City Coral Gables, FL
  • Neighborhood Silver Bluff
  • Zip Code 33145
  • Market Miami

Points of Interest

  • Coconut Grove

    0.80 miles

  • Vizcaya

    1.35 miles

  • Douglas Road

    1.80 miles

  • Brickell

    2.53 miles

  • Financial District

    2.62 miles

  • Tenth Street/Promenade

    2.72 miles

  • Eighth Street

    2.82 miles

  • Culmer

    2.87 miles

  • Fifth Street

    2.88 miles

  • Third Street

    2.91 miles

  • UGas

    0.19 miles

  • Westar

    0.22 miles

  • Valero

    0.32 miles

  • Marathon

    0.70 miles

  • Shell

    0.82 miles

  • Chevron

    1.06 miles

  • BP

    1.20 miles

  • U Gas

    1.24 miles

  • Shell

    1.59 miles

  • Marathon

    1.60 miles

  • Boat

    1.17 miles

  • Lot 72

    1.28 miles

  • Parking for Barnes & Noble

    1.52 miles

  • Cocowalk Parking

    1.56 miles

  • Dinner Key Marina Parking

    1.60 miles

  • First Base Garage

    2.00 miles

  • Center Field Garage

    2.04 miles

  • Home Plate Garage

    2.18 miles

  • Third Base Garage

    2.22 miles

  • Extended Stay America Hotel Parking Lot

    2.27 miles

  • Ponte Vecchio Ristorante e Pizzeria

    0.14 miles

  • Coral House Italian Restaurant

    0.62 miles

  • Burger King

    0.63 miles

  • Quiznos

    0.76 miles

  • Casola's Pizzeria & Sub Shop

    0.78 miles

  • Taco Bell

    0.79 miles

  • Pollo Tropical

    0.84 miles

  • Subway

    0.85 miles

  • Latin American

    0.86 miles

  • Dunkin'

    0.87 miles

  • Coral Park Day School/Kindergarten

    0.31 miles

  • Its A Small World Preschool

    0.31 miles

  • Shenandoah Middle School

    0.46 miles

  • Jose Marti School

    0.48 miles

  • Little Shaver Number 1 Jose Marti School

    0.48 miles

  • Jose Marti School 1st Campus

    0.50 miles

  • Silver Bluff School

    0.51 miles

  • Our Lady of Fatima Academy

    0.65 miles

  • Suniland Academy

    0.80 miles

  • Ransom Everglades Middle School

    0.83 miles

  • La Premiere Ecole

    0.15 miles

  • The Angels Place Day Care Center

    0.91 miles

  • Rodriguez Day Care Center

    1.04 miles

  • Saint Joseph's Child Care Center

    1.12 miles

  • Aurora Medina Family Day Care Home

    1.24 miles

  • Mickey and Minnie Day Care Number 2

    1.26 miles

  • Child Care Laboratory

    1.35 miles

  • Gladys Molina Family Day Care Center

    1.38 miles

  • The Candy House Day Care Center

    1.40 miles

  • Tamiami United Methodist Day Care Center

    1.48 miles

Contact Listing Broker

broker

Agustin Duarte

RE/MAX 360 Real Estate

(305) 605-0360