New Listing - 01/02/2025
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
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Listing courtesy of COMPASS FLORIDA, LLC Phone: 305-851-2820