Basic Information

  • MLS # A11716209
  • Type Quadruplex
  • Status Closed
  • Subdivision/Complex CORAL GABLES SEC K REV
  • Year Built 2010
  • Total Sqft 13,636
  • Date Listed 01/02/2025
  • Days on Market 76
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.

Amenities

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Construction Type Block, Stucco
  • Parking Description
  • Exterior Features Balcony, Security High Impact Doors
  • Style Quadruplex

Interior Features

  • Adjusted Sqft 13,636Sq.Ft
  • Cooling Description Central Air
  • Floor Description Hardwood, Marble, Wood
  • Heating Description Central
  • Sqft 13,636 Sq.Ft

Property Features

  • Address 343 Madeira Ave
  • Aprox. Lot Size 13,636
  • Construction Materials Block, Stucco
  • Furnished Info no
  • Listing Terms Cash
  • HOA Fees $0
  • Subdivision Complex
  • Subdivision Info CORAL GABLES SEC K REV
  • Tax Amount $56,908
  • Tax Legal desc 8 54 41 CORAL GABLES SEC K REV PB 30-60 LOTS 1-2-3 BLK 1 LOT SIZE 74.000 X 122 OR 19002-4825 0199 4 COC 23163-1953 03 2005 1
  • Tax Year 2024
  • Terms Considered Cash
  • Type of Property Quadruplex

343 Madeira Ave

Coral Gables, FL 33134

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The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Compass Florida, LLC.. tel: 305-851-2820

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