Map of Property

Coral Gables Duplex Investment Property

401 Malaga Ave, Coral Gables, FL 33134

  • For Sale $1,899,000
  • Property Type Multi-Family
  • Property Size 2,585 SF
  • Units 2
  • Lot Size 0.24 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1953
  • Date Updated Jun 6, 2025
Nestled in the heart of Coral Gables, 401 Malaga Avenue offers residents unparalleled access to the city's cultural and commercial hubs. Its proximity to Miracle Mile ensures a vibrant lifestyle, while easy access to major roads provides seamless connectivity to the broader Miami area.Lee & Associates presents an exceptional multifamily investment opportunity at 401 Malaga Avenue in the prestigious Coral Gables Biltmore neighborhood. This well-maintained duplex, built in 1953, features two spacious units: a 3-bedroom, 3-bathroom and a 2-bedroom, 2-bathroom, offering a total of 5 bedrooms and 5 bathrooms. Situated on an 11,000-square-foot corner lot, the property provides ample parking for up to 8 vehicles and includes conceptual plans for redevelopment into into townhomes or 4 multifamily units. With its solid concrete block construction and barrel tile roof, this property offers both immediate rental income potential and significant redevelopment upside. Located just a short walk from the vibrant Miracle Mile, residents enjoy easy access to a plethora of shopping, dining, and entertainment options. The property's prime location offers excellent connectivity to major thoroughfares, including Le Jeune Road and U.S. Route 1, facilitating convenient commutes throughout the Miami metropolitan area. Proximity to esteemed educational institutions such as Coral Gables Preparatory Academy and Coral Gables Senior High School further enhances its appeal to tenants and investors alike.
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Highlights

  • 11,000 sq ft corner lot
  • Built in 1953 with concrete block construction and barrel tile roof
  • Conceptual plans for redevelopment into townhomes or 4 multifamily units
  • Located in the prestigious Coral Gables Biltmore neighborhood
  • Parking for up to 8 vehicles
  • Total of 5 bedrooms and 5 bathrooms
  • Two unit multifamily investment property
  • Unit Mix: 3 bed/3 bath and 2 bed/2 bath

Contacts

broker
Aida Nolan-Rodriguez

Lee & Associates South Florida

Location

Getting Around

  • Walk Score ®

    92/100 Walker's Paradise

  • Transit Score ®

    43/100 Some Transit

  • Bike Score ®

    69/100 Bikeable
Powered by Walk Score ®
  • City Coral Gables, FL
  • Neighborhood Biltmore
  • Zip Code 33134
  • Market Miami

Points of Interest

  • MIA Station

    3.66 miles

  • Miami Airport

    3.68 miles

  • Miami Intermodal Center

    3.69 miles

  • Gates E2-E11

    3.70 miles

  • Gates E20-E35

    3.79 miles

  • 4

    3.96 miles

  • Hialeah Market

    4.68 miles

  • Brickell City Centre

    4.68 miles

  • MiamiCentral

    4.79 miles

  • Miami

    7.32 miles

  • Marathon

    0.66 miles

  • BP

    1.17 miles

  • Chevron

    1.40 miles

  • Shell

    1.51 miles

  • Valero

    1.57 miles

  • U gas

    1.98 miles

  • Tesla Supercharger

    2.84 miles

  • ChargePoint

    2.86 miles

  • ChargePoint Charging Station

    4.95 miles

  • SemaCharge Charging Station

    6.84 miles

  • Parking for Barnes & Noble

    0.48 miles

  • Lot 209 (Red)

    1.61 miles

  • Lot 1-109A (Restricted)

    1.64 miles

  • Lot 302 (Red)

    1.64 miles

  • Cocowalk Parking

    1.65 miles

  • Lot 2-109 (Red)

    1.65 miles

  • Lot 1-109 (Red)

    1.67 miles

  • Lot 201 (Restricted)

    1.68 miles

  • Lot 107 (Red)

    1.70 miles

  • Aloft Coral Gables

    0.27 miles

  • Loews Coral Gables Hotel

    0.31 miles

  • David William Hotel Condo Association

    0.50 miles

  • Hotel Colonnade Coral Gables, Autograph Collection

    0.54 miles

  • Four Points by Sheraton Coral Gables

    0.67 miles

  • Hyatt Regency Coral Gables

    0.70 miles

  • Courtyard Miami Coral Gables

    0.70 miles

  • Ponce De Leon Hotel

    0.90 miles

  • OYO Hotel Coral Gables - Miami Airport

    1.50 miles

  • Hampton

    1.51 miles

  • Gustave

    0.37 miles

  • Pascal's On Ponce

    0.39 miles

  • California Pizza Kitchen

    0.39 miles

  • Bugatti Bistro

    0.40 miles

  • Bulla Gastrobar

    0.41 miles

  • Seasons 52

    0.42 miles

  • P.Pole Pizza

    0.42 miles

  • Doc B's Restaurant + Bar

    0.43 miles

  • Benihana

    0.43 miles

  • Einstein Bros. Bagels

    0.45 miles

  • Banyan Day School

    0.14 miles

  • Hamel School for Children

    0.51 miles

  • Coral Gables School for Children

    0.53 miles

  • Pelican School

    0.61 miles

  • District Instructional Center 8

    0.72 miles

  • Dade School

    0.73 miles

  • Frances S Tucker Elementary School

    0.75 miles

  • Saint Philips Episcopal School

    0.75 miles

  • Coral Gables Senior High School

    0.76 miles

  • Coral Gables Elementary School

    0.77 miles

  • University Baptist Child Development Center

    0.28 miles

  • The Growing Place Day Care Center

    0.41 miles

  • Child Care Laboratory

    0.80 miles

  • The Angels Place Day Care Center

    1.04 miles

  • Mickey and Minnie Day Care Number 2

    1.05 miles

  • Yolanda's Garden School

    1.14 miles

  • Saint Alban's Day Nursery

    1.15 miles

  • Westbrook Day Care Center

    1.17 miles

  • Kid Station Day Care Center

    1.21 miles

  • Aurora Medina Family Day Care Home

    1.22 miles

Frequently Asked Questions

How much does Coral Gables Duplex Investment Property cost?

The space currently listed for sale at Coral Gables Duplex Investment Property asks for $1,899,000.

What is the total square footage of Coral Gables Duplex Investment Property?

Coral Gables Duplex Investment Property totals 2,585 square feet.

When was this property built?

Coral Gables Duplex Investment Property was built in 1953.

Looking for more in-depth information on this property?

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Contact Listing Broker
broker
Aida Nolan-Rodriguez

Lee & Associates South Florida

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