$4,200,000
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343 Madeira Ave Coral Gables, FL 33134
Fourplex
Residence
Beds
Baths
...
Bed/Bath
13,636
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
Saves
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 nat...ure 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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MLS#
A11716209
Property Type
Fourplex
Year Built
2010
Square Feet
13,636
sq. ft
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