444 Ponce De Leon Blvd, Coral Gables

$2,799,000

0 Bed
0 Bath
0 Acre
0 Garage

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 $1,200-$1,800 in an area that commands market rents of $1,850-$2,200 per month. Great income producer with incredible future upside. The building is conveniently located between Flagler and 8th Street on Ponce De Leon Blvd & directly across from the trolley stop / public transportation. Key entry and completely gated building, Peaceful court yard with 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.

Essential Information
MLS® #A11182189
Price$2,799,000
Bathrooms0.00
Acres0.00
Year Built1925
TypeCommercial
Sub-TypeMulti Family
StatusActive
Community Information
Address444 Ponce De Leon Blvd
Area41
CityCoral Gables
CountyMiami-Dade County
StateFL
Zip Code33134-1852
Amenities
ParkingOn Street
Interior
CoolingWall/Window Unit(s)
# of Stories3
Additional Information
Date ListedApril 5th, 2022
Days on Market305
Listing Details
Listing Courtesy ofPrestige Realty Group, LLC
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