Address
520 Biltmore Way, Coral Gables, FL
Price
$ 4,500,000
Property Attributes
  • MLS#A11433677
  • TypeCommercial
  • CountyMIAMI-DADE
  • CityCoral Gables
  • Area41
  • Zip33134
  • StyleDetached
  • Year Built1957
  • Taxes$ 22421
  • Price$ 4,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1959
  • Lot Size0.068871 Acres
Data Source:
Southeast Florida MLS (SEFMLS)
Property Description

Remarkable opportunity in the heart of Coral Gables – an exquisite commercial building on the prestigious Biltmore Way. This self-standing gem boasts an impressive 1,959 sq. ft. located in the ultimate location within the Coral Gables commercial/residential district. The space features include high ceilings, granite floors, signage, 2 bathrooms, 2 zone HVAC, Alarm System, Laundry facility, a kitchen, 3 assigned parking spaces, and plenty of street-metered parking. Existing tenant is a long time high-end successful hair salon and spa, but this space offers an opportunity for other business uses including medical, banking, licensed professionals and more. This property also presents versatility that paves the way for future development options such as luxury condos, mixed use projects.

Price History
8/16/2023 Listed $6,000,000
2/27/2024 25% - $4,500,000

General Features

Sewer Other
Heating Central,Electric
Cooling CentralAir
Possession ClosingFunding
Roof Composition
Architectural Style Detached
Security Features SecuritySystem,MotionDetectors,SmokeDetectors,SecurityLights
Construction Materials Block
Year Built 1957
Property SubType Office
Percent Ownership Self Proprietor/Individual
County Miami-Dade County
New Construction No
Property Type CommercialSale
HOA / Comm Assn No
Attached Garage No
Garage Y/N No
Status Active
City Coral Gables
Disclosures Other
View Y/N No
Senior Community Y/N No
Zoning Description 6100
MLS Area 41
Lot Size Units SquareFeet
Lot Size Square Feet 3000.0
Private Pool No
Waterfront Y/N No
Carport Y/N No
Listing Terms Cash,Conventional
Property Attached Y/N No
Year Built Details Resale
Land Lease Y/N No
Tax Annual Amount 22421.0
Home Warranty Y/N No
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N Yes
Rent Control Y/N No
Virtual Tour https://youtu.be/6_7l7cw_xgI
Days on Market 235
Standard Status Active
Occupancy Type Owner
MobileHomeRemainsYN No
PostalCity Coral Gables
Legal Description 17 54 41 PB 20-28 CORAL GABLES BILTMORE SEC LOT 18 BLK 7 LOT SIZE 25.000 X 120 OR 18084-4137/18527-4408 0498 1 COC 21390-1878 06 2003 6

Interior Features

Flooring Marble,Slate
Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Electric On Property Y/N No

Exterior Features

Parking Features Guest,OnStreet
Water Source Public
Total Parking 3.0
Lot Size Area 3000.0
Spa No
Building Area Total 1959.0
Covered Spaces 0.0
Road Frontage Type CityStreet
Crops Included Y/N No
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 33134

Price
AVG $3.62M
$4.5M
Taxes
AVG $23,887
$22,421
Visits
AVG 59
316
Data Provided by Inside Real Estate®
Year Built
AVG 1976
1957
Walkscore
AVG 85
96
Data Provided by Walkscore® not using MLS data

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