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Quadplex with Private Entrances
For Sale
Under Contract
$1,695,000

215 Sidonia Ave, Coral Gables, FL 33134

Residential Income, Coral Gables, FL

Property Size3,600 SF
Price / SF$470.83
Days on Market51

Property Features for 215 Sidonia Ave

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Zoning description 5005
Bedrooms 8
Full bathrooms 4
Rooms Bathroom 2, Bedroom 4, Bedroom 3, Bedroom 6, Bedroom 2, Bathroom 3, Bedroom 5, Bedroom 1, Bathroom 4, Bathroom 1, Bedroom 7, Bedroom 8
Subdivision C GAB DOUGLAS SEC
Lot features Rectangular Lot
Standard status Active Under Contract
APN 03-41-08-009-2450
Size 3,600 SF

Taxes and HOA fees

Tax Year 2025
Tax Description CORAL GABLES DOUGLAS SEC PB 25-69 LOT 13 BLK 26 LOT SIZE 50.000 X 110 OR 20868-4368 11/2002 1
Tax Annual Amount 25082
Legal Description CORAL GABLES DOUGLAS SEC PB 25-69 LOT 13 BLK 26 LOT SIZE 50.000 X 110 OR 20868-4368 11/2002 1

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Central
Cooling system Central Air

Amenities

private entrance
impact windows
individual A/C systems
updated kitchens
stainless steel appliances
renovated bathrooms
on-site laundry

Building Details

Year built 1946
Floors in Building 2
Flooring type Wood, Hardwood, Tile - Porcelian, Laminate
Building materials CBS (Concrete Block Structure), Block
Roof type Barrel
Architectural style Other
Listing Agency: Compass Florida, LLC
Listed By: Diego Ramos · License #3166410
Added: Aug 30 Changed: Oct 18 Last Checked: Oct 19 at 1:06AM
MLS# A12080177

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.

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Investment Insights

Based on property information with market context.

Built in 1946, this 3,600-square-foot quadplex contains four residences, each configured with two bedrooms and one bathroom. Separate entrances serve each unit. The property also features impact-rated windows throughout, individual air-conditioning systems, updated kitchens with stainless steel appliances, renovated bathrooms, and laundry facilities on site. Its 30-year certification was completed in 2026.

Coral Gables location places the property near Miracle Mile and the University of Miami, with Brickell, Downtown Miami, Miami International Airport, major highways, shopping, and dining also cited as nearby destinations. All four residences are currently occupied by tenants.

Key Highlights

  • Four 2‑bedroom, 1‑bath residences
  • 3,600 square feet
  • All four units currently rented

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$60,011
Cap Rate
3.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,200,220 $1.2M
Cap Rate 7%
$857,300 $857.3K
Cap Rate 9%
$666,789 $666.8K
Market Conditions
NOI Build-Up for 3,600 SF
Gross rent
$90.7K $25.20/SF
− Vacancy
−$5.0K −$1.39/SF
EGI
$85.7K $23.81/SF
− OpEx
−$25.7K −$7.14/SF
NOI
$60.0K $16.67/SF
Area
Miami-Dade County, FL
Vacancy
5.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,200,220
Cap Rate 7%
$857,300
Cap Rate 9%
$666,789

Alternative Uses

Best Use
Multifamily LT 5
$857.3K
$750.1K – $1.00M (±1% cap)
NOI $60,011 @ 7.0% cap · market cap 3.54%
Second Best
Apartment 5plus
$790.9K
$692.1K – $922.8K (±1% cap)
NOI $55,366 @ 7.0% cap · market cap 3.27%
Theoretical Best
Office A
$1.83M
$1.60M – $2.13M (±1% cap)
NOI $127,850 @ 7.0% cap · market cap 7.54%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Quadplexes

Suggested Use

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

4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

4,782
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - All residences are leased, and each has its own entrance, kitchen, and air-conditioning system.
Where is this quadplex located?
The property is located at 215 Sidonia Ave Coral Gables, FL.
What is the asking price?
The asking price for this property is $1,695,000.
What are key features of this property?
This property features: Four 2‑bedroom, 1‑bath residences; 3,600 square feet; All four units currently rented
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