Current Use by Public Records
- Apartment buildings
Property Details for 4995 Sistina Ave
- Year built
- 1968
- Property type
- Apartment buildings
- Property subtype
- Small apartment buildings
Description
This exceptional Coral Gables investment property, located at 4995 Ponce de Leon / 1050 Sistina Avenue, presents a compelling opportunity. Situated on a 7,500 square foot lot in Miami-Dade County, Florida (zip code 33146), this duplex offers immediate income generation potential or redevelopment possibilities. The property, built in 1968, boasts a total of 4,929 square feet across two units, each spanning over 2,100 square feet. Each unit features four bedrooms and two bathrooms, spacious living areas, abundant natural light, ample closet space, and tile flooring throughout. Separate entrances and two driveways enhance privacy and convenience. Currently rented through the 2025-2026 academic year, the property generates a substantial monthly rental income of $12,000. Individual electric and water meters for each unit simplify utility management. The property's zoning allows for the construction of 2-9 units, opening doors to future expansion or redevelopment projects. Its prime location, steps from the University of Miami and US1, places it within easy reach of shops, restaurants, and public transportation. This seven-story building represents a rare opportunity to acquire a high-yield investment property in a highly desirable Coral Gables location. The asking price is $2,900,000.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Coral Gables
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.2701
- Latitude
- 25.7212
