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Gelfand Realty Miami Properties for Sale - Income/MultiFamily for Sale

1410 S DOUGLAS RD, CORAL GABLES, FL 33134

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Income/MultiFamily - for Sale

1410 S DOUGLAS RD, CORAL GABLES, FL 33134

Asking Price$4,200,000 Change Price$2,100,000

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  • Lot size 13090sqft
  • Taxes $29,249
  • Year Built 1958

  • Days on market:

    143 day(s)

  • Original Price:

    $6,300,000

  • Tax Legal Description:

    8 54 41 CORAL GABLES DOUGLAS SEC PB 25-69 LOTS 13 & 14 BLK 31 LOT SIZE 110.000 X 119

  • Tax Year:

    2022

  • Property Type:

    Income/MultiFamily

  • Inclusions:

    Building & Land

  • Lease Term Remaining:

    Month To Month

  • Construction Type:

    Cbs Construction

  • Roof:

    Barrel Roof

  • Cooling Description:

    Wall/Window Unit(s)

  • Heating Description:

    Wall/Window Units

  • Floor Description:

    Ceramic FloorVinylTerrazzo

  • Special Listing Conditions:

    Sale

  • Lot Features:

    Corner Lot

Description

$4,200,000

Incredible investment opportunity in high barrier to entry coral gables submarket. "the city beautiful" as it's known, has limited multifamily inventory. a steady tenant base and a waitlist of future tenants keep the properties fully occupied, while strong capital improvements keep future capex and turnover low. 40 yr up to date, impact windows, updated kitchens, baths, and flooring in most units. inquire within for further information on the offering.
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