Multifamily for Sale, Renaissance at the gables, 2340 Southwest 32nd Avenue, 33145

Multifamily For Sale

Renaissance at the gables

Overview

CBRE has been exclusively retained for the sale and purchase of the Renaissance at the Gables, a to be built, fully entitled 269 bed multi family senior living composed of independent and assisted living. Located in the heart of the City of Miami, Renaissance at the Gables is located one block South of Coral Way and five blocks North of US1 within a few blocks of Coral Gables and Coconut Grove. The property is owned fee simple and consists of 6 parcels of land which total 1.652 acres. The property is currently serving as a fully functional 17,686 square foot banquet hall with 59 surface parking spots and a residential duplex. The current ownership group evaluated several different uses for this property but ultimately decided based on their analysis that the highest and best use for the property would be senior housing.

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