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343 Madeira Ave, Coral Gables, FL 33134

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For Sale

$4,200,000

3 beds • 3 baths • 13,636 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $308.01
    Price per square foot

  • 11-20 Years Old
    Age

Explore this Property

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.
MLS# A11716209

Courtesy Of Compass Florida LLC

(305) 851-2820

Property Features

  • Age
    11-20 Years Old
  • Amenities
    Dock, Cable Ready
  • Architecture Style
    Other
  • Exterior Type
    Block, Stucco
  • Floor Covering
    Marble, Wood
  • Heating System
    Central Furnace

Map and Directions

Directions to 343 Madeira Ave, Coral Gables, FL 33134

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Monthly Payment Breakdown

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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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