343 Madeira Ave
Coral Gables, FL 33134
- – beds
- – baths
- 13,636 sqft
- $308 per sqft
- 2010 build
- – on site
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.
Listing courtesy of MLSM / Compass Florida, LLC.
Last checked:
Checking…
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Last updated Jan 3, 2025
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MLS# A11716209 —
The Building
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Year Built:2010
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Year Built Details:Resale
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Construction Materials:Block, Stucco
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Architectural Style:Fourplex
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Stories:3
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Roof:Other
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Exterior Features:Balcony, SecurityHighImpactDoors
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Window Features:ImpactGlass
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Patio And Porch Features:Balcony, Open
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Building Area Total:13636.0
Interior
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Flooring:Marble, Wood
Room Dimensions
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Living Area:13636.0
The Property
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Parcel Number:03 41 08 005 0010
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Property Type:ResidentialIncome
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Property Subtype:Quadruplex
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Property Subtype Additional:Quadruplex
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Zoning Description:3801
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Lot Features:QuarterToHalfAcreLot
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Lot Size Units:SquareFeet
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (786) 496-2446
- Office phone:
- (305) 851-2820
Taxes
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Tax Year:2024
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Tax Annual Amount:$56,908
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Tax Legal Description: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
The Listing
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Virtual Tour Unbranded:
Heating & Cooling
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Heating:Central
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Heating:true
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Cooling:CentralAir
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Cooling:true
Utilities
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Utilities:CableAvailable
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Electric:GeneratorHookup
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Sewer:PublicSewer
The Community
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Subdivision Name:Coral Gables Sec K Rev
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Spa:False
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Pool Features:None
Parking
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Parking Total:9.0
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
1/2/25
Jan 2, 2025
|
Listed / Active | MLSM | $4,200,000 | |
4/29/13
Apr 29, 2013
|
Sold | MLSM |