343 Madeira Ave
Coral Gables, Florida
$4,200,000 Rental Price
- Bedrooms   - Baths

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 nature of the construction...

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 nature 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.

Listing courtesy of Compass Florida, LLC.

 

Listing Details

New Listing
Coral Gables, Florida
Type: Rental
Price: $4,200,000
Approx. square footage: 13,636 sf
Date Listed: 1/2/2025
Web ID: 11716209
MLS ID: A11716209

Info & Amenities

Type: Quadruplex
Built: 2010
Pool: Yes

Map of Area for 343 Madeira Ave

Listing Agent(s)