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  • For sale
For Sale: 11 Multifamily Units on a 0.43 Acre Lot - #1
For Sale: 11 Multifamily Units on a 0.43 Acre Lot - #2
For Sale: 11 Multifamily Units on a 0.43 Acre Lot - #3
For Sale: 11 Multifamily Units on a 0.43 Acre Lot - #4
For Sale: 11 Multifamily Units on a 0.43 Acre Lot - #5
For Sale: 11 Multifamily Units on a 0.43 Acre Lot - #6
For Sale: 11 Multifamily Units on a 0.43 Acre Lot - #7
For Sale: 11 Multifamily Units on a 0.43 Acre Lot - #8
For Sale: 11 Multifamily Units on a 0.43 Acre Lot - #9

Colliers, as exclusive listing broker, is pleased to present the opportunity to acquire the Navarre Avenue Covered-land assemblage, an income-producing development opportunity located at 311 & 315 Navarre Avenue in the heart of Downtown Coral Gables.​ The site is strategically located between S LeJeune Road and Ponce de Leon directly on Navarre Avenue.​ The assemblage is comprised of two parcels totaling 18,550 square feet (0.43 Acres) with two (2) existing multifamily buildings.​ 


The Navarre Avenue Assemblage offers investors / developers a unique opportunity to acquire 11 income-producing multifamily units on a 0.43-acre residentially zoned lot in highly coveted Downtown Coral Gables.​ The underlying land is currently zoned Multifamily 2 (MF2), allowing for a variety of uses including condominium, apartment, hotel, office and commercial development.​ It is also located within the Coral Gables Mediterranean Style Standards Overlay, allowing potential height and density bonuses.​ Downtown Coral Gables continues to be one of Miami-Dade County’s strongest markets with continued growth and demand in pricing for condominium units, residential rentals and office space.​ The subject property is positioned directly in the midst of the city’s growth and is an excellent opportunity for investors and developers to be a part of this trend.​