Basic Information

  • MLS # A11241193
  • Type Multi Family
  • Status Closed
  • Year Built 1953
  • Total Sqft 18,000
  • Date Listed 07/15/2022
  • Days on Market 108
Description

2 multifamily buildings in Coral Gables. 214-218 Antiquera -2 one-story buildings totaling 6,080sq ft of 5 units each. This 10 unit building are located in Coral Gables FL just off Ponce De Leon Blvd. All units are large 1/1 and well kept with very little deferred maintenance. Rents have been historically low and range from $850-$1,200 in an area that commands market rents of $1,600-$1,700. Proforma rents can far exceed an NOI of $125,930 which provides an investor a healthy 5% CAP. The property is bounded by Douglas Road in the east, Salzedo Street in the west, Madeira Avenue in the south, and 8th Street in the north. Ponce de Leon Boulevard runs directly through the center of the neighborhood, touting an array of offices, restaurants, and cafes.

Amenities

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Construction Type Other
  • Parking Description Common, Guest
  • Style Multi Family

Interior Features

  • Adjusted Sqft 18,000Sq.Ft
  • Floor Description Tile
  • Sqft 18,000 Sq.Ft

Property Features

  • Address 218 Antiquera Ave
  • Aprox. Lot Size 18,000
  • Construction Materials Other
  • Furnished Info no
  • Subdivision Complex
  • Subdivision Info
  • Tax Amount $34,917
  • Tax Legal desc CORAL GABLES DOUGLAS SEC PB 25-69 LOTS 5 TO 7 INC BLK 9 LOT SIZE 150.000 X 120 OR 14142-1530 0689 1
  • Tax Year 0
  • Type of Property Multi Family

218 Antiquera Ave

Coral Gables, FL 33134

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