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Updated Two-Unit Duplex
For Sale
$1,390,000

400 Alcazar Avenue, Coral Gables, FL 33134

Two residences offer in-unit laundry, a private terrace, and off-street parking on a residential Coral Gables street.

Property Size2,124 SF
Price / SF$654.43
Days on Market18

Property Features for 400 Alcazar Avenue

General Information

Standard status Active
Size 2,124 SF
Total Parking Spaces 6
Property subtype Residential Income
Zoning 5900

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $11,418

Amenities

in-unit washer/dryer
private terrace
backyard

Building Details

Building Size 2,124 SF
Year Built 1937
Buildings 1
Stories 2
Listing Agency: Keller Williams Capital Realty
Listed By: Jason S Smith · License #0688165
Source: Laerrealty
Added: Aug 15 Changed: Aug 31 Last Checked: Aug 31 at 12:45PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Capital Realty

Investment Insights

Based on property information with market context.

Built in 1937, this two-story duplex at 400 Alcazar Avenue contains two residences, each with 2 bedrooms and 1 bath. Both units include in-unit washers and dryers. Recent improvements include a new roof installed in 2022 and new impact windows and doors added in 2024. The ground-floor residence includes a private terrace and will be delivered vacant, while the property also features a spacious backyard and off-street parking for up to 6 vehicles.

The duplex is in Flood Zone X and is positioned near Miracle Mile and Giralda Plaza, with access to dining and shopping. Granada Golf Course is also nearby. Zoning is 5900, and the property is located at 400 Alcazar Avenue in Coral Gables, Florida.

Key Highlights

  • Two‑story duplex with two 2‑bedroom, 1‑bath residences
  • New roof installed in 2022
  • New impact windows and doors added in 2024

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

Location Intelligence

Trade Area within ½ mile

8,305
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
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Frequently Asked Questions

What type of property is this?
Duplex - Two residences offer in-unit laundry, a private terrace, and off-street parking on a residential Coral Gables street.
Where is this duplex located?
The property is located at 400 Alcazar Avenue 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: Two‑story duplex with two 2‑bedroom, 1‑bath residences; New roof installed in 2022; New impact windows and doors added in 2024
More about this property
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