LOCATION, LOCATION, INVESTORS WELCOME PRICE DRAMATICALLY REDUCED MOTIVATED SELLER BUILDING OF 8 LARGE APARTMENTS IN THE HEART OF CORAL GABLES AND PONCE DE LEON, ONE OF THE MOST ICONIC BUILDINGS IN CORAL GABLES, CLOSE TO SCHOOLS, LUXURY RESTAURANTS AND OTHER AMENITIES
Great investment property opportunity. Charming Coral Gables Duplex, located off of Le Jeune Road. The property has parking in the rear, and a detached one car garage for each unit. Two units each a 2/1, fireplace and washer and dryer both units. Also available for sale, MLS# A11649588, this is a second duplex that shares the same entry driveway.
Great investment property opportunity. Charming Coral Gables Duplex, located off of Le Jeune Road. The property has parking in the rear, and a detached one car garage for each unit. Two units each a 2/1, fireplace and washer and dryer both units. Also available for sale, MLS# A11649589, this is a second duplex that shares the same entry driveway.
"REDUCED" CORAL GABLES DUPLEX VERY CENTRALY LOCATED. INVESTORS/DEVELOPERS, INVESTMENT PROPERTY BLOCKS FROM MIRICALE MILE, OTHERS IN THE AREA HAVE BEEN TURNED INTO TOWNHOUSE TYPE CONDOS. PREPERTY AS IS IN ALL ORIGINAL CONDITION, 3/2 IN THE REAR AND 2/1 IN THE FRONT. VACANT NO TENANTS READY FOR UPDATES OR CONSTRUCTION.
LOCATION. Income Producing Multi Family Triplex in Coral Gables with REDEVELOPMENT POTENTIAL FOR 3 STORY TWIN HOMES of Approximately 7000 sq.ft. Actual Gross Monthly rents $6000.00. Total gross rents can be increased. Main is 2/1 plus Den, F.Place, living dining, kitchen, laundry, walk-in closet $2,800 p/m. Side units is a 1/1 rented at $1,800 p/m. The Studio is rented for $1,400 p/m. Separate entrance and electric. Assigned on-site parking. This property has a lot of charm with re-development potential for twin or triple home or mixed use. . Walk to Miracle Mile, Tennis, Gym, Youth Center, Library, Park and Publix. PROPERTY IS BEING SOLD "AS IS" WITH A 15 DAY RIGHT TO INSPECT. SHOWINGS ONLY TO PRE-QUALIFIED BUYERS. DO NOT DISTURB TENANTS!
Two adjacent duplexes/properties (3903 & 3909/4 doors now) combined, being sold only as a package for $4.5 million. Opportunity for developer/investors to build townhouses. Together, lots amount to 25,525 sf and buildable area of 17,000 sf. yielding up to 7 townhomes. Planning for each at 2,428 livable sf with 22' of frontage. Combined lots have Ponce in the front and SW 39th Ave in the rear for garage entrances. Prime location in Coral Gables walking distance to Shops at Merrick Park and downtown Coral Gables. Do the math, is is a very unique opportunity for the savvy investor.
Two adjacent duplexes/properties (3903 & 3909/4 doors now) combined, being sold only as a package for $4.5 million. Opportunity for developer/investors to build townhouses. Together, lots amount to 25,525 sf and buildable area of 17,000 sf. yielding up to 7 townhomes. Planning for each at 2,428 livable sf with 22' of frontage. Combined lots have Ponce in the front and SW 39th Ave in the rear for garage entrances. Prime location in Coral Gables walking distance to Shops at Merrick Park and downtown Coral Gables. Do the math, is is a very unique opportunity for the savvy investor.
Fantastic investment potential awaits you in the vibrant heart of Coral Gables. This duplex offers a 3-bed/2-bath & a 2-bed/1 and a half-bath, . The property boasts a spacious drive way, exterior storage, & some PVC plumbing throughout, complemented by a sewer connection. Inside, each unit showcases beautiful wood flooring, contemporary finishes, soaring ceilings, & a sleek open-concept design. The kitchen in both units features newer appliances, ensuring modern convenience. Step outside to a sizable backyard, perfect for hosting gatherings. Additionally, each unit includes its washer & dryer. This property presents an income-generating potential. Also allows you to live in one unit while benefiting from rental income to assist with your mortgage.
The median home value in Coral Gables, FL is $1,375,000. This is higher than the county median home value of $463,600. The national median home value is $338,100. The average price of homes sold in Coral Gables, FL is $1,375,000. Approximately 55.28% of Coral Gables homes are owned, compared to 30.46% rented, while 14.27% are vacant. Coral Gables real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Coral Gables real estate agent to arrange a tour today!
Coral Gables, Florida has a population of 49,269. Coral Gables is more family-centric than the surrounding county with 31.1% of the households containing married families with children. The county average for households married with children is 27.22%.
The median household income in Coral Gables, Florida is $113,623. The median household income for the surrounding county is $57,815 compared to the national median of $69,021. The median age of people living in Coral Gables is 39.9 years.
The average high temperature in July is 89.3 degrees, with an average low temperature in January of 60.3 degrees. The average rainfall is approximately 60.2 inches per year, with 0 inches of snow per year.