New Listing - 01/02/2025

$4,200,000 ($308.01 per sqft)

Est. Mortgage $21,514/mo *

Quick Pre-Approval

343 Madeira Ave, Coral Gables, FL, 33134

343 Madeira Ave, Coral Gables, FL, 33134

2010

Fourplex

13,636 sqft

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.


Status:

Active

Type:

Multi-family

Zoning:

3801

Subdivision:

CORAL GABLES SEC K REV

Heating:

Central

Cooling:

Central Air

Parking:

9-car

Est. Taxes:

$56,908

Construction

Block,Stucco

Utilities

Cable Available

Lot Description:

1/4 to 1/2 Acre Lot

Pool:

None

MLS #:

A11716209


Community Info

School Info

Walk Score

Yelp



Listing courtesy of COMPASS FLORIDA, LLC Phone: 305-851-2820