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Unique opportunity to own this 12 unit building in Coral Gables Florida consisting of 9 large studio's and 3 large one bedroom one-bathroom units. Rents have been historically low and range from $1,450-$1,800 in an area that commands market rents of $1,850-$2,200 per month. Great income producer with incredible future upside, and with value add opportunity. The building is conveniently located between Flagler and 8th Street on historic Ponce De Leon Blvd & directly across from the trolley stop / public transportation. Key entry and completely gated building, Peaceful court yard with a picnic area. Convenient coin operated washer and dryer on site that generates additional income to landlord. Public park and playground located within one block of the building.
| DAYS ON MARKET | 105 | LAST UPDATED | 6/27/2023 |
|---|---|---|---|
| YEAR BUILT | 1925 | COMMUNITY | 41 |
| COUNTY | Miami-Dade | STATUS | Sold |
| PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 41 |
| CONSTRUCTION | BLOCK |
| LOT | 5750 sq ft |
| PARKING | Free Parking,On Street |
| SEWER | Public Sewer |
| STORIES | 3 |
| TAXES | 28383 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
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*Estimate only
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Listed with Prestige Realty Group, LLC
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