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    FOR SALE
    Commercial real estate

    3409 S Le Jeune Rd Coral Gables, FL 33134

    Built 1926
    Property ID
    US18-5420397
    3409 S Le Jeune Rd, Coral Gables, FL 33134 For Sale 1 / 53
    $3,300,000
    3409 S Le Jeune Rd, Coral Gables, FL 33134
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    Property summary
    AI-generated overview

    This exceptional 13-unit multifamily property, known as Lejeune House, is offered at $3,450,000. Built in 1926, this two-story building is situated at 3409 S Le Jeune Rd, Coral Gables, FL 33134, in Miami-Dade County. The property consists of a main apartment building and an adjacent parking lot, encompassing two folios (03-4117-007-2090 and 03-4117-007-1830), providing assigned parking for all tenants. The unit mix includes ten one-bedroom apartments and three large studios. A significant number of units have undergone recent remodeling. Common areas have also been updated, and a convenient on-site washer/dryer facility is available for residents. The building benefits from its excellent location, just a block from a youth center and the new Plaza entertainment complex, and in close proximity to Merrick Shops and Miracle Mile. City recertification was completed this year. This presents a compelling investment opportunity in a highly desirable Coral Gables location. The property's strong tenant base and prime location make it an attractive addition to any investment portfolio. This is a rare opportunity to acquire a well-maintained, income-producing asset in the heart of Coral Gables.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1926
    UPID US18-5420397
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
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