406 Valencia Avenue

Coral Gables, FL 33134

$2,800,000
Price
Beds
5,029 Sq. Ft.
$557 / Sq. Ft.
5,029
Sq. Ft.
$557
per Sq. Ft.

Description

6-Unit Investment Property opportunity. Very sought-after location. Walking distance from Miracle Mile. Greatopportunity for investors. Property offers a unique blend of potential and profitability. Also, Available for Sale 414 Valencia Ave Building right across both buildings are being sold by the same owner. The property is located ina desirable area, ensuring consistent demand and competitive rental rates. 6-Unit Investment Property. Ready totake the next step in your investment journey? Call...6-Unit Investment Property opportunity. Very sought-after location. Walking distance from Miracle Mile. Greatopportunity for investors. Property offers a unique blend of potential and profitability. Also, Available for Sale 414 Valencia Ave Building right across both buildings are being sold by the same owner. The property is located ina desirable area, ensuring consistent demand and competitive rental rates. 6-Unit Investment Property. Ready totake the next step in your investment journey? Call us today to learn more about this exceptional opportunity. We're here to help you make the best investment decision.
  1. Listed by Barby Ganesh • Real Estate and Investments Services of Florida

Property Details for 406 Valencia Avenue

Subdivision
CORAL GABLES BILTMORE SEC
Style
Fourplex
Waterfront
No
Area
41
Auction
No
Num Stories
2
Sq Ft Total
5029
Sq Ft Liv Area
5029.0
LISTING UPDATED: 09/09/2024 02:15 PM

Property Details for 406 Valencia Avenue

StatusActive
MLS #A11644068
Days on Market31
Taxes$26,476 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family Income
Year Built1950
Lot Size-
CountyMiami-Dade County

Building Information for 406 Valencia Avenue

Stories-Residences-Year Built1950Building Size-Lot Size-

Property Information for 406 Valencia Avenue

Location Information
Location Information
  • Parcel Number Free Text: 03-41-17-008-2560
  • Parcel Number MLX: 2560
  • MLS Area: 41
  • Municipal Code: 3
  • Township Range: 41
  • Section: 17
  • Subdivision Number: 8
  • Subdivision Complex Bldg: CORAL GABLES BILTMORE SEC
  • Unit Count: 1
  • Zoning Information: 3803
General Information
Parking
  • Num Parking Spaces: 6
General Information
  • Property Type Information: Detached
  • Lot Description: 1/4 To Less Than 1/2 Acre Lot
Additional Property Information
Utilities
  • Heating Description: Gas Heat
  • Cooling Description: Ceiling Fans, Wall/Window Unit Cooling
  • Sewer Description: Municipal Sewer
  • Separate Meter: Yes
  • Cable Available: Yes
Additional Property Information
  • Guest Accommodations: No
  • Rent Includes: Water
Financial Information
Financial Information
  • Type of Association: None
  • Flood Zone: AH,X
  • Tax Year: 2023
  • Tax Information: Tax Reflects City & County Tax
  • Special Information: As Is
  • Information Available: Copy Of Lease(S)

Property History for 406 Valencia 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 406 Valencia Avenue

Taxable ValueLand$1,237,500Additions$294,194Total$1,531,694
Tax Record2023$26,476 ($2,206 / month)
Home Facts
Total Finished SqFt5,029 SqFtAbove Grade Finished SqFt5,029 SqFtStories2Lot Size8,250 SqFtStyleMulti-Family Dwelling (2-4)Year Built1950Year Renovated1958Zoning5002:HOTEL&MOCountyMIAMI-DADEAPN03-4117-008-2560

Schools near 406 Valencia Avenue

This home is within Miami-Dade.
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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406 Valencia Avenue is a multi-family home for sale in Coral Gables, FL 33134. This property was listed for sale on August 19, 2024 by Real Estate and Investments Services of Florida, it's currently listed at $2,800,000. It has been on the market for a total of 31 days and was last sold on October 16, 2015. This listing's school district is Miami-Dade. Nearby schools include Air Base K-8 Center for International Education, Coral Gables Preparatory Academy and Ponce De Leon Middle School. 406 Valencia Avenue is a 0-bed, 0-bath, 5,029 sqft multi-family home built in 1950.

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.

Listing Courtesy of Real Estate and Investments Services of Florida

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.