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Key Details
Sold Price $3,600,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 8,764 sqft
Price per Sqft $410
MLS Listing ID A11420041
Sold Date 12/20/23
Construction Status Resale
HOA Y/N No
Year Built 1958
Annual Tax Amount $29,249
Tax Year 2022
Lot Size 0.300 Acres
Acres 0.3
Property Description
Incredible investment opportunity in high barrier to entry Coral Gables submarket. "The City Beautiful" as it's known, has limited multifamily inventory. A steady tenant base and a waitlist of future tenants keep the properties fully occupied, while strong capital improvements keep future CapEx and turnover low. 40 yr up to date, impact windows, updated kitchens, baths, and flooring in most units. Inquire within for further information on the offering.
Location
State FL
County Miami-dade County
Area 41
Interior
Heating Window Unit, Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Ceramic Tile, Terrazzo, Vinyl
Window Features Impact Glass
Exterior
Exterior Feature Security/High Impact Doors
Roof Type Barrel
Total Parking Spaces 18
Building
Sewer Public Sewer
Water Public
Structure Type Block
Construction Status Resale
Others
Tax ID 03-41-08-009-3130
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
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Bought with Compass Florida, LLC