FL > Coral Gables > Coral Gables Sec K Rev
Coral Gables, FL 33134,343 Madeira Ave
Coral Gables, FL 33134,343 Madeira Ave
Coral Gables, FL 33134,343 Madeira Ave
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$4,200,000
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13,636 SqFt
New

343 Madeira Ave Coral Gables, FL 33134

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Ana D Peña

Ana D Peña

+1(786) 712-2010

UPDATED:

01/03/2025 01:00 AM

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 13,636 sqft

Price per Sqft $308

Subdivision Coral Gables Sec K Rev

MLS Listing ID A11716209

Style Fourplex

Construction Status Resale

HOA Y/N No

Year Built 2010

Annual Tax Amount $56,908

Tax Year 2024

Property Description

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.

Location

State FL

County Miami-dade

Community Coral Gables Sec K Rev

Area 41

Interior

Heating Central

Cooling Central Air

Flooring Marble, Wood

Window Features Impact Glass

Exterior

Exterior Feature Balcony, Security/High Impact Doors

Pool None

Utilities Available Cable Available

Roof Type Other

Porch Balcony, Open

Total Parking Spaces 9

Building

Lot Description 1/4 to 1/2 Acre Lot

Story 3

Sewer Public Sewer

Architectural Style Fourplex

Structure Type Block,Stucco

Construction Status Resale

Others

Tax ID 03-41-08-005-0010

Acceptable Financing Cash

Listing Terms Cash

Listed by Compass Florida, LLC.

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Ana D Peña

Realtor® | License ID: 3442880

+1(786) 712-2010

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343 Madeira Ave