Basic Information

  • MLS # A11354946
  • Type Commercial
  • Style Multi Family
  • Status Sold
  • Subdivision/Complex
  • Year Built 1925
  • Total Sqft 5,750
  • Date Listed 03/13/2023
  • Days on Market 104
Description

Unique opportunity to own this 12 unit building in Coral Gables Florida consisting of 9 large studios 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.

Exterior Features

  • Waterfront No
  • Pool No
  • Construction Type Block
  • Parking Spaces 0
  • Parking Description Free Parking, On Street

Interior Features

  • Adjusted Sqft 5,750
  • Cooling Description Wall Window Units
  • Floor Description Tile
  • Sqft 5,750

Property Features

  • Aprox. Lot Size 5,750
  • Construction Materials Block
  • Furnished Info No
  • Listing Terms Cash,Other
  • Short Sale Regular Sale
  • Subdivision Complex
  • Subdivision Info
  • Tax Amount $28,383
  • Tax Information CORAL GABLES FLAGLER ST SEC PB 10-12 LOT 6 BLK 14 LOT SIZE 50.000 X 115 OR 23470-3741 05 2005 1
  • Tax Year 2022
  • Terms Considered Cash,Other
  • Type of Property Multi Family

444 Ponce De Leon Blvd

Coral Gables, FL 33134

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