Basic Information

  • MLS # A11354946
  • Type Multi Family
  • Status Closed
  • Year Built 1925
  • Total Sqft 5,750
  • Date Listed 03/13/2023
  • Days on Market 105
Description

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.

Amenities

Exterior Features

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

Interior Features

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

Property Features

  • Address 444 Ponce De Leon Blvd
  • Aprox. Lot Size 5,750
  • Construction Materials Block
  • Furnished Info no
  • Listing Terms Cash, Other
  • Subdivision Complex
  • Subdivision Info
  • Tax Amount $28,383
  • Tax Legal desc 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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The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Prestige Realty Group, LLC. tel: 786-615-2130

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