$2,395,000
114 Menores Avenue
Coral Gables, FL 33134
Explore the area: Coral Gables homes for sale · Miami Dade County real estate
Price Check
How this price compares
- List price
- $2,395,000
- Price per sq ft
- N/A
- Original price
- Unchanged
- Days on market
- 9
This commercial property in ZIP 33134 is listed at $2,395,000. It has been on the market for 9 days.
Estimated monthly payment
$12,587 /mo
Principal and interest only, based on $479,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $2,395,000
- Days on Site
- 9 Days
- Bedrooms
- 0
- Total Baths
- 0
- Total Sq Ft
- 6,432 sqft
- Lot Size
- 0.19 Acres
- Year Built
- 1925
- Property Type
- Commercial
- MLS #
- A12092653
- County
- Miami Dade
- Status
- Active
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
MLS media linkGeneral Features
- Property Type
- Commercial
- Status
- Active
- Year Built
- 1925
- Lot Size (Acres)
- 0.19
- Total Sq Ft
- 6,432
- Zoning
- 3801
Community & HOA
- Financing Terms
- Conventional / Other
- MLS Area
- 2410
About the Area
Browse Coral Gables homes for sale across every neighborhood and price point in Miami-Dade. Available homes span single-family, townhome, and condo segments throughout the city. Coral Gables includes gated golf communities, 55+ active adult neighborhoods, waterfront estates, and newer master-planned subdivisions. HOA fees vary by community type, from modest maintenance fees in non-gated subdivisions to higher dues in full-amenity country clubs. The city sits within Miami-Dade, offering access to South Florida beaches, major employment centers, and healthcare hubs. For current Miami-Dade market data, see Florida Realtors' monthly statistics. Browse the latest Coral Gables listings below. Then connect with a Pure Equity agent to schedule a private showing.
- Homes for Sale
- 356
- Under Contract
- 89
- Median List Price
- $1,937,500
- Median Sale Price (September)
- $1,400,000
- Median $/Sq Ft
- $936
- Avg Days on Market
- 135
Frequently Asked Questions
- How do I schedule a tour of 114 Menores Avenue, Coral Gables, FL 33134?
- Use the Tour button on this listing to request a showing of 114 Menores Avenue, Coral Gables, FL 33134. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 114 Menores Avenue, Coral Gables, FL 33134 still available?
- 114 Menores Avenue, Coral Gables, FL 33134 is currently listed as Active, and has been on the market 9 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 114 Menores Avenue, Coral Gables, FL 33134?
- With 20% down ($479,000) on the $2,395,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 114 Menores Avenue, Coral Gables, FL 33134 is about $12,587/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 114 Menores Avenue, Coral Gables, FL 33134?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 114 Menores Avenue, Coral Gables, FL 33134. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Can I negotiate the price of 114 Menores Avenue, Coral Gables, FL 33134?
- Often, yes. The right offer on 114 Menores Avenue, Coral Gables, FL 33134 depends on how it's priced against comparable commercial sales in Coral Gables, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Fausto Commercial Realty Consultants Inc
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated September 27, 2026.
$2,395,000
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Listed by Vicente Javier Rodriguez, Fausto Commercial Realty Consultants Inc
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Recent Sales
Recently sold homes in ZIP 33134
These are the last 6 recorded closings in ZIP 33134, with the price each home actually sold for rather than what it was listed at. They closed at a median of $829 per square foot. The most recent closed on October 14, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$610,000
Sold · October 14, 2026
4060 SW 6th Street
2 bed · 1 bath · 1,027 sqft · $594/sqft
$38,900 under the asking price
Sold$297,000
Sold · October 14, 2026
50 Menores Avenue 820
1 bed · 1 bath · 762 sqft · $390/sqft
$8,000 under the asking price
Sold$1,700,000
Sold · October 13, 2026
829 Genoa Street
4 bed · 3 bath · 1,861 sqft · $913/sqft
$100,000 under the asking price
Sold$725,000
Sold · October 9, 2026
3780 SW 27th Terrace
2 bed · 2 bath · 875 sqft · $829/sqft
Sold$335,000
Sold · October 9, 2026
5271 SW 8th Street 313
2 bed · 2 bath · 1,027 sqft · $326/sqft
$999 under the asking price
Sold$1,525,000
Sold · October 8, 2026
536 Minorca Avenue
3 bed · 2 bath · 1,575 sqft · $968/sqft
$34,000 under the asking price
See every recorded sale in ZIP 33134 or find out what your ZIP 33134 home is worth.
