Verawood Realty is pleased to present Douglas Road Apartments, two adjacent apartment buildings on the boundary of Coral Gables and Little Havana. This four-unit building must be purchased together with the fourplex next door. The combined property holds a mix of three (3) efficiency units, four (4) one-bedroom units and one (1) two-bedroom unit. T5-O zoning allows for development or short-term rentals. Current rents are under market and may be increased. Please refer to the Offering Memorandum attached for more information. (Rent roll may not be up to date).
NOTE: this property is part of a portfolio and must be purchased together with the fourplex next door on 1117 SW 37th Ave. Current combined list price is $1,820,000. Do not disturb tenants.