Four modern, 2010 built townhouses in the heart of Coral Gables w/rooftop & garages. Each townhouse is currently occupied at market rate rents to well-qualified Tenants, all annual leases. Rents have consistently held strong for several years while Tenant turnover has remained minimal. Given the nature of the construction and simple maintenance that is occasionally required, this property is able to be self-managed allowing for profitability to be maximized. As Coral Gables continues to draw the attention of quality residents from companies such as Apple and FIFA, don’t miss out on this opportunity to invest in one of the hottest cities in the US. If desired, light value-add opportunity to increase rents or possibility to convert to condos exists. NOI = $208K+. P&L + rent roll available.
Property Details
Price:
$4,200,000
MLS #:
A11716209
Status:
Active
Beds:
0
Baths:
0
Address:
343 Madeira Ave
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
CORAL GABLES SEC K REV
Neighborhood:
Coral Gables Sec K Rev
City:
Coral Gables
Listed Date:
Jan 3, 2025
State:
FL
Finished Sq Ft:
13,636
Total Sq Ft:
13,636
ZIP:
33134
Year Built:
2010
Units:
4
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Schools
Interior
Cooling
Central Air
Flooring
Marble, Wood
Heating
Central
Exterior
Architectural Style
Attached
Construction Materials
Stucco
Exterior Features
Balcony, Open Balcony
Parking Spots
9
Roof
Other
Financial
Tax Year
2024
Taxes
$56,908
Map
Community
- Address343 Madeira Ave Coral Gables FL
- SubdivisionCORAL GABLES SEC K REV
- CityCoral Gables
- CountyMiami-Dade County
- Zip Code33134
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343 Madeira Ave
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