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Residential Income
$4,200,000
343 Madeira Ave Coral Gables, FL

A11716209

422 of 443 for Sale
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an agent
  • Listed On:

    Jan 2, 2025
  • Days on Market:

    4
  • Year:

  • Taxes:

    $56,908 per year
  • Floor Description:

    Marble, Wood
  • Occupancy:

  • Zoning:

  • Parking:

343 Madeira Ave Coral Gables, FL 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.

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For Sale Details

  • Floor Description

    Marble, Wood

  • Heating Description

    Central

  • Net Operating Income

    208102

  • Photo Count

    46

  • Property Type

    Residential Income

  • Terms Considered

    All Cash

  • Year Built

    2010

Any questions about Residential Income?
Contact our Coral Gables Real Estate Specialist today.

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