444 Ponce De Leon Blvd Coral Gables, FL 33134
- Commercial real estate
- 7,161 SF
Current Use by Public Records
- Commercial real estate
Property Details for 444 Ponce De Leon Blvd
- Year built
- 1925
- Property size
- 7,161 SF
- Property type
- Commercial real estate
Description
This exceptional 3-story multifamily property at 444 Ponce De Leon Blvd in Coral Gables, Florida, presents a unique investment opportunity. Built in 1925 and recently updated throughout, this 7,161 square foot building boasts 9 spacious studios and 3 large one-bedroom, one-bathroom units. Each unit is meticulously remodeled, furnished, and decorated to the highest standards. A recent 40-year building certification has been completed, ensuring peace of mind for the new owner. The property's prime location between Flagler and 8th Street on Ponce De Leon Blvd offers unparalleled convenience, situated directly across from a trolley stop and public transportation. Residents enjoy a tranquil courtyard with a picnic area. Adding to the property's income potential is an on-site, coin-operated washer and dryer, generating supplemental revenue. The building's strong performance is evidenced by a gross annual income of $271,200. This is a turnkey investment ready to generate immediate returns. The asking price is $4,000,000. Don't miss this chance to acquire a highly desirable multifamily property in the heart of Coral Gables, a vibrant and sought-after community in Miami-Dade County, Florida (zip code 33134).
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Coral Gables
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.2581817
- Latitude
- 25.7675741
