343 Madeira Avenue

Coral Gables, FL 33134

$4,200,000
Price
Beds
13,636 Sq. Ft.
$308 / Sq. Ft.
13,636
Sq. Ft.
$308
per Sq. Ft.

Description

Four modern, 2010 built townhouses in the heart of Coral Gables w/rooftop & garages. Each townhouse is currently occupied at market rate rents to well-qualified Tenants, all annual leases. Rents have consistently held strong for several years while Tenant turnover has remained minimal. Given the nature of the construction and simple maintenance that is occasionally required, this property is able to be self-managed allowing for profitability to be maximized. As Coral Gables continues to draw the...Four modern, 2010 built townhouses in the heart of Coral Gables w/rooftop & garages. Each townhouse is currently occupied at market rate rents to well-qualified Tenants, all annual leases. Rents have consistently held strong for several years while Tenant turnover has remained minimal. Given the nature of the construction and simple maintenance that is occasionally required, this property is able to be self-managed allowing for profitability to be maximized. As Coral Gables continues to draw the attention of quality residents from companies such as Apple and FIFA, don’t miss out on this opportunity to invest in one of the hottest cities in the US. If desired, light value-add opportunity to increase rents or possibility to convert to condos exists. NOI = $208K+. P&L + rent roll available.

Listing Agent

  1. Charles Celesia

    Charles Celesia

    Listing Agent

    Compass

Property Details for 343 Madeira Avenue

Subdivision
CORAL GABLES SEC K REV
Style
Fourplex
Waterfront
No
Area
41
Auction
No
Total Units
4
Num Stories
3
Sq Ft Total
13636
LISTING UPDATED: 01/02/2025 08:00 PM

Property Details for 343 Madeira Avenue

StatusActive
MLS #A11716209
Days on Market2
Taxes$56,908 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family Income / Fourplex
Year Built2010
Lot Size-
CountyMiami-Dade County

Building Information for 343 Madeira Avenue

Stories-Residences4Year Built2010Building Size-Lot Size-

Property Information for 343 Madeira Avenue

Location Information
Location Information
  • Parcel Number Free Text: 03-41-08-005-0010
  • Parcel Number MLX: 0010
  • MLS Area: 41
  • Municipal Code: 3
  • Township Range: 41
  • Section: 8
  • Subdivision Number: 5
  • Subdivision Complex Bldg: CORAL GABLES SEC K REV
  • Unit Count: 1
  • Zoning Information: 3801
General Information
Parking
  • Num Parking Spaces: 9
General Information
  • Property Type Information: Attached
  • Lot Description: 1/4 To Less Than 1/2 Acre Lot
  • Spa: No
  • Pool: No
  • Construction: Concrete Block Construction, Stucco Exterior Construction
  • Construction Type: Concrete Block Construction, Stucco Exterior Construction
  • Roof Description: Other Roof
  • Flooring: Marble Floors, Wood Floors
  • Floor Description: Marble Floors, Wood Floors
Additional Property Information
Utilities
  • Heating Description: Central Heat
  • Cooling Description: Central Cooling
  • Sewer Description: Municipal Sewer
  • Separate Meter: Yes
  • Cable Available: Yes
Additional Property Information
  • Guest Accommodations: No
  • Rent Includes: Trash Removal
  • Exterior Features: Balconies, High Impact Doors, Open Balcony
  • Storm Protection: Complete Impact Glass, Generator Hookup, High Impact Door
Financial Information
Financial Information
  • Type of Association: None
  • Flood Zone: X
  • Tax Year: 2024
  • Tax Information: Tax Reflects No Exemptions
  • Information Available: Accounting Statements, Deposit Held, Deposit - Last Months Rent, Copy Of Lease(S), Rent Rolls

Property History for 343 Madeira Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 343 Madeira Avenue

Taxable ValueLand$1,354,200Additions$1,678,358Total$3,032,558
Tax Record2023$54,085 ($4,507 / month)
Home Facts
Total Finished SqFt13,636 SqFtAbove Grade Finished SqFt13,636 SqFtStories4Lot Size9,028 SqFtStyleMulti-Family Dwelling (2-4)Year Built2010Zoning3801:MULTI-FACountyMIAMI-DADEAPN03-4108-005-0010

Schools near 343 Madeira Avenue

This home is within Miami-Dade County Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - PK to 8
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Coral Gables Preparatory Academy
PublicPK to 8

Ponce De Leon Middle School
Public6 to 8

Robert Morgan Voc-Tech Institute
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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343 Madeira Avenue is a multi-family home for sale in Coral Gables, FL 33134. This property was listed for sale on January 2, 2025 by Compass, it's currently listed at $4,200,000. It has been on the market for a total of 2 days and was last sold on August 6, 2019. This listing's school district is Miami-Dade County Public Schools. Nearby schools include Air Base K-8 Center for International Education, Coral Gables Preparatory Academy and Ponce De Leon Middle School. 343 Madeira Avenue is a 0-bed, 0-bath, 13,636 sqft multi-family home built in 2010.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.