343 Madeira Ave, Coral Gables, 33134

  • $4,200,000

Listing UP for Sale

Coral Gables

343 Madeira Ave, Coral Gables, 33134

Coral Gables

  • $4,200,000

Overview

Property ID: A11716209
  • Property Type
  • Quadruplex
  • 13636
  • sqft
  • 2010
  • Year Built

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.

  • Address 343 Madeira Ave
  • City Coral Gables
  • State/county Florida
  • Zip/Postal Code 33134
  • Area Miami-dade County

Details

Updated on January 4, 2025 at 5:01 pm
  • Property ID: A11716209
  • Price: $4,200,000
  • Property Size: 13636 sqft
  • Year Built: 2010
  • Property Type: Quadruplex
  • Property Status: Listing UP for Sale

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