- For sale
Colliers is pleased to present Casa Linda Apartments, a 45-unit unique midrise apartment building located in Coconut Grove, directly along South Dixie Highway walkable to restaurants, parks, shops, marinas, Metrorail Stations, and malls. The property is less than a mile away from Coconut Grove and Douglas Road Metro Rail Stations as well as The Shops at Merrick Park and CocoWalk. Both Merrick Park and CocoWalk are upscale outdoor shopping malls that feature high-end stores and restaurants.
Casa Linda Apartments offers investors a rare value-add opportunity with significant upside in a strong rental market. Investors will be able to lightly renovate units and increase rents significantly. There is the ability to increase rental income by over 50 percent. In the future the property may also be rezoned and redeveloped into a larger apartment project due to its proximity to public transit.
Contact us today for more information!