Overview

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  • Status: Closed
  • Bed(s) No info
  • Bath(s)
  • Half Bath(s) 0
  • Parking No info
  • Size: 7,036 ft2/653.67 m2
  • Price Per: $369.53 ft2/$3,977.57 m2
  • Type: Commercial/Investment
  • Built: 1925
  • HOA: No info
  • MLS Number: A11354946
  • View No info
  • On Site: 429 days
  • Updated: 322 Days Ago
  • Page Views: 0

Unique opportunity to own this 12 unit building in Coral Gables Florida consisting of 9 large studio's and 3 large one bedroom one-bathroom units. Rents have been historically low and range from $1,450-$1,800 in an area that commands market rents of $1,850-$2,200 per month. Great income producer with incredible future upside, and with value add opportunity. The building is conveniently located between Flagler and 8th Street on historic Ponce De Leon Blvd & directly across from the trolley stop / public transportation. Key entry and completely gated building, Peaceful court yard with a picnic area. Convenient coin operated washer and dryer on site that generates additional income to landlord. Public park and playground located within one block of the building.

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Price History

DateEventPriceChange RatePrice Per
06/26/2023Sold$2,400,000.007.7%$341.10 ft2/$3,671.60 m2
03/13/2023Listed$2,600,000.00$369.53 ft2/$3,977.57 m2

Features

Property Details for 444 Ponce De Leon Blvd, Coral Gables, FL 33134

Commercial/Investment current status is Closed, 444 Ponce De Leon Blvd is a Commercial/Investment in , Coral Gables, FL 33134 with property MLS ID# A11354946. This Commercial/Investment has been listed on Best of Luxury Realty since March 13, 2023 and is currently priced at 2,600,000. This property was built in 1925.

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Tracey Schmitt, Broker
Best of Luxury Realty

Tracey Schmitt is the principal Broker for Best of Luxury Realty, a boutique real estate brokerage, serving Miami-Dade, Broward & Palm Beach counties. Her motto is "100% Loyalty, 100% of the Time!" Tracey and her team of real estate professionals are ready to assist whether you are looking to Buy or to Sell, we would like to earn your business!

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