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111 Salamanca AveCoral Gables, FL 33134

For Sale

$2,400,000

Smart Buyer Rebate $24,000

A rare 1925 Old Spanish gem set on a prominent 14,300 SF corner lot in the heart of The City Beautiful. Originally built as a fourplex, the residence has been thoughtfully reimagined with a spacious three-bedroom penthouse spanning the entire top floor, complemented by two one-bedroom residences below, featuring multiple fireplaces and charming architectural details—offering exceptional flexibility for end users or investors. With expansion potential, including a vacant 5,500 SF corner portion, and an unbeatable walkable location near the financial district, this timeless property blends historic character with modern opportunity. A cinematic landmark, featured in Italian films and commercials, and truly one of a kind.

Listed by Rosario Borroto

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License #0566150

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One Sotheby's International Realty

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305-490-8176

Last updated December 22, 2025

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Source: MIAMIRE #A11934340

Listing Facts

  • TypeMulti-family
  • NeighborhoodDouglas
  • Days on Prevu39
  • Taxes$46,540/year
  • Size4,946 sqft
  • Price per sqft$485

Amenities

  • Private Outdoor Space
  • Pets Allowed
  • Air Conditioning
  • Parking

Location

Mortgage Calculator

Listing History

12/22/2025
Listed by One Sotheby's International Realty
$2,400,000

Property Details for 111 Salamanca Ave

Association

General

  • Number Of Units In Community: 4

Exterior

Construction

  • Number Of Units Total: 3
  • Roof: Barrel Roof, Flat Roof With Facade Front
  • Stories: 2
  • Stories Total: 2
  • Structure Type: Quadruplex, Fourplex
  • Window Features: Partial Panel Shutters/Awnings, Awning, Blinds
  • Year Built: 1925
  • Year Built Details: Resale
  • Architectural Style: Old Spanish
  • Building Name: C GAB DOUGLAS SEC
  • Construction Materials: Concrete Block Construction, CBS Construction
  • Exterior Features: Exterior Lights, Open Balcony, Room For Pool

Features

  • Patio And Porch Features: Open Balcony, Open Porch, Patio

Measurements

  • Building Area Total: 4,946
  • Building Area Units: Square Feet
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot, Corner Lot
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 03-41-08-009-2790
  • Tax Annual Amount: $46,540.00
  • Tax Year: 2025

Interior

Features

  • Flooring: Tile, Wood

Measurements

  • Living Area: 4,946
  • Living Area Units: Square Feet

Other

Location

  • Subdivision Name: C GAB DOUGLAS SEC

Parking

Parking

  • Parking Total: 2

Utilities

Equipment

  • Cooling: Ceiling Fan(s), Central Air, Electric, Paddle Fans
  • Has Cooling: Yes
  • Heating: Central
  • Has Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Municipal Water

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 111 Salamanca Ave.

Does this multi-family home have parking?

Yes, there are 2 parking spaces available for 111 Salamanca Ave.

What are the annual taxes for 111 Salamanca Ave?

Annual taxes for this multi-family home are estimated at $46,540.

How does 111 Salamanca Ave compare to other multi-family homes in Douglas?

This multi-family home is listed 10% above the average price for multi-family homes in Douglas and has been on the market for 95 less days than the typical home in this area.

What building or home owners association is the multi-family home part of?

This multi-family home is in the C GAB DOUGLAS SEC building.

What is the square footage on this multi-family home?

According to the MLS, this listing is 4,946 sqft.

111 Salamanca Ave is a -bedroom multi-family home for sale in Coral Gables FL 33134. Listed on Prevu for 39 days at $2,400,000. This home features 4,946 square feet of living space, located in Douglas. The median listing price for multi-family homes in this area is $599,000. The home offers private outdoor space, pets allowed, air conditioning, and parking. View other multi-family home listings in Coral Gables.

Based on information from Miami Association of REALTORS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.