343 Madeira Ave, Coral Gables FL, 33134

Active

343 Madeira Ave

Coral Gables FL, 33134

$4,200,000

$308.01 per sqft

Active

13,636 sqft

Multi-family

Built in 2010

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.

A11716209

MLSⓇ ID

January 2, 2025

Listed

January 14, 2025

Updated

Map

343 Madeira Ave
Coral Gables FL, 33134

Interior Features

Total Stories: 3
Floor Description: Marble, Wood
Fireplace: No
Cooling: Yes
Cooling Description: Central Air
Heating: Yes
Heating Description: Central

Exterior/Building Features

Exterior Features: Balcony, Open Balcony
Lot Features: 1/4 To Less Than 1/2 Acre Lot
Architectual Style: Attached
Roof: Other
Sewer: Public Sewer

Other Property Details

Area Name: Coral Gables Sec K Rev
Taxes: $56,908
Tax Frequency: Annually
Garage: No
Parking Total: 9
View: No
County: Miami-Dade County
Pool: No
Zoning: 3801

Listed by: Compass Florida, LLC.
Listing Contact: 786-496-2446

Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. 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. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated 11:16 PM UTC, 1/14/2025.