444 Ponce De Leon Blvd , for Sale & Rent

444 Ponce De Leon Blvd for Sale & Rent

Price $2,600,000.00

• Lot size 7036
• Year Build 1925
• Waterfront
• Zip 33134
• Style
• Parking Description Free Parking, On Street
• Pool Yes
• Status Active

Description

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.

24 Notice required prior to all showings. No showings past 3PM M-F, No Exceptions. Please respect tenants, NO UNATENDED CLIENTS PERMITTED ON THE PROPERTY AND OR WALKING IN OR AROUND PREMISES. Please use Show Assist / ShowingTime and call or text L.A. with any questions.

CORAL GABLES FLAGLER ST SEC PB 10-12 LOT 6 BLK 14 LOT SIZE 50.000 X 115 OR 23470-3741 05 2005 1

In Residential Area

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.

City:Coral Gables,Zoning:0100,List A O R:A-Miami Association of REALTORS,Stories:3,Tax Year:2022,Latitude:25.7675714,Cooling Y N:1,List Price:2600000,Listing Id:A11354946,Longitude:-80.2581618,Mls Status:Active,Year Built:1925,Directions:PLEASE USE GPS, SW 8th Street East to Ponce De Leon Blvd, North on Ponce to property on West Side of ponce.,Postal Code:33134,Street Name:Ponce De Leon Blvd,Coordinates:1:25.7675714,Photos Count:70,Listing Terms:1:Cash,Lot Size Units:Square Feet,On Market Date:2023-03-13,Parcel Number:03-41-05-050-1200,Property Type:Commercial Sale,Stories Total:3,Street Number:444,Open Parking Y N:1,Public Remarks: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.,County Or Parish:Miami-Dade County,Expiration Date:2024-03-12,List Office Name:Prestige Realty Group, LLC,Private Remarks:24 Notice required prior to all showings. No showings past 3PM M-F, No Exceptions. Please respect tenants, NO UNATENDED CLIENTS PERMITTED ON THE PROPERTY AND OR WALKING IN OR AROUND PREMISES. Please use Show Assist / ShowingTime and call or text L.A. with any questions.,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Parking Features:1:On Street,Postal Code Plus4:1852,Property Sub Type:Income/MultiFamily,State Or Province:FL,Tax Annual Amount:28383,Unparsed Address:444 Ponce De Leon Blvd, Coral Gables FL 33134,Listing Agreement:Exclusive Right To Sell,Security Features:1:Smoke Alarm,2:Security Fence,Building Area Total:7036,Building Area Units:Square Feet,Lot Size Square Feet:5750,M I A M I R E_ For Sale Y N:1,Original List Price:2600000,Public Survey Range:41,I D X Participation Y N:1,Syndication Remarks: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.,Listing Contract Date:2023-03-13,Originating System I D:miamire,Public Survey Section:5,Street Number Numeric:444,Tax Legal Description:CORAL GABLES FLAGLER ST SEC PB 10-12 LOT 6 BLK 14 LOT SIZE 50.000 X 115 OR 23470-3741 05 2005 1,Public Survey Township:41,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:$1.00,Contract Status Change Date:2023-03-13,Internet Address Display Y N:1,Number Of Units In Community:2,Internet Consumer Comment Y N:1,Transaction Broker Compensation:3.0%,Internet Entire Listing Display Y N:1,Transaction Broker Compensation Type:%,Internet Automated Valuation Display Y N:1,