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Two-Story Duplex with Parking
For Sale
$1,390,000

400 Alcazar Ave, Coral Gables, FL 33134

Residential Income, Coral Gables, FL

Property Size2,124 SF
Price / SF$654.43
Days on Market27

Property Features for 400 Alcazar Ave

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description 5900
Bedrooms 4
Full bathrooms 2
Rooms Bedroom 4, Bedroom 2, Bathroom 2, Bedroom 1, Bedroom 3, Bathroom 1
Parking 6
Subdivision CORAL GABLES SEC B
Lot features < 1/4 Acre
Standard status Active
APN 03-41-08-001-0790
Size 2,124 SF

Taxes and HOA fees

Tax Year 2025
Tax Description 7-8 54 41 CORAL GABLES SEC B PB 5-111 LOT 12 BLK 5 LOT SIZE 68.080 X 100 OR 18537-0061 0399 5
Tax Annual Amount 11418
Legal Description 7-8 54 41 CORAL GABLES SEC B PB 5-111 LOT 12 BLK 5 LOT SIZE 68.080 X 100 OR 18537-0061 0399 5

Utilities

Sewer type Public Sewer
Heating system Wall Furnace
Cooling system Window Unit(s), Wall/Window Unit(s)

Building Details

Year built 1937
Floors in Building 2
Flooring type Hardwood, Wood
Building materials Block
Roof type Tile
Listing Agency: Keller Williams Capital Realty · Keller Williams Realty
Listed By: Jason Smith · License #0688165
Added: Aug 13 Changed: Sep 2 Last Checked: Sep 8 at 4:06AM
MLS# A12066032

Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 2,124-square-foot duplex contains two two-bedroom, one-bath residences arranged over two stories. Built in 1937 with block construction, the property features wood and hardwood flooring, a tile roof, public sewer service, and a combination of wall furnace and window or wall/window cooling systems. The roof was replaced in 2022, followed by impact windows and doors in 2024. A pre-sale inspection was completed on September 1, 2026.

Outdoor features include a large private terrace serving the ground-floor residence, a spacious backyard, and off-street parking. The property is located at 400 Alcazar Ave in Coral Gables, near Miracle Mile, Giralda Plaza, and Granada Golf Course. One residence is leased, while the ground-floor unit is vacant and ready for occupancy.

Key Highlights

  • 2,124 SF duplex with two 2‑bed/1‑bath residences across two stories
  • Roof replaced in 2022; impact windows and doors installed in 2024
  • Ground‑floor residence offers a large private terrace and spacious backyard

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Grocery & Convenience Store (Bike/Boat/Book/etc) Store Locksmith Restaurant Pet Store Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

8,416
Businesses Nearby

Demographics for 33134, FL

38,739
Population
18,136
Households
2.1
Avg Household Size
46
Median Age
54%
College-Educated
91%
High-School Grad
5.2 sq mi
ZIP Area
7,450
Density / Sq Mi
$92,009
Median Household Income
$56,392
Median Earnings
$1,818
Median Rent
$660,200
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Separate residences include private outdoor space and flexible occupancy for an owner or investor.
Where is this duplex located?
The property is located at 400 Alcazar Ave Coral Gables, FL.
What is the asking price?
The asking price for this property is $1,390,000.
What are key features of this property?
This property features: 2,124 SF duplex with two 2‑bed/1‑bath residences across two stories; Roof replaced in 2022; impact windows and doors installed in 2024; Ground‑floor residence offers a large private terrace and spacious backyard
More about this property
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