Rare opportunity! Residential property with income-producing

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Home For Sale

502 Madeira Ave

Coral Gables, Florida 33134

Miami-Dade County

Community: Coral Groves

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$1,849,000 4 br, 2.0 bath 2468 sq. ft. 0.000 acres

Rare opportunity! Residential property with income-producing possibilities. In the heart of Coral Gables in the 500 block of Madeira. It sits on a beautiful tree-lined street with a short walk to Granada Golf Course, Miracle Mile, Alhambra Circle, restaurants, beauty salons, and the Venetian pool. Initially, it was a duplex, but somebody converted it to a single-family home and then returned to a duplex. The use is grandfathered, but this property would make a beautiful home. It has a great terrace in the front and a big balcony on the second floor. Unlike most RI properties in the Gables, which are located in a more commercial zone and will need to remain as a duplex, here you can refurbish the interior of a brand-new single-family home. Sold As-is. Please See the supplemental remarks

Interior:
  • Bedrooms: 4
  • Baths: 2.0
  • Sq Ft: 2468
  • Year Built: 1925
  • Utilities: 
  • Fireplaces: Has Fireplace
  • Stories: 
  • Heat/AC: Central Furnace,Fireplace
  • Garage: 
Exterior:
  • Lot Size: 0.000 acre
  • Lot Dimensions: 
  • View Types: 
  • Yard: 
  • Siding: Block
  • Roof: Unknown
  • Property Taxes: $14,482
  • Swimming Pool: Yes
  • MLS #: A11576316
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Contact Information:
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Beach Home For Sale in Coral Gables, Florida
Ad Number: 4875768
Viewed 16 times.
Updated: May 02, 2024

This property is a Home located at 502 Madeira Ave, Coral Gables, Florida 33134, and is currently For Sale at $1,849,000. This Home has 4 bedrooms, 2.0 baths, 2468 sq ft.

Listing Agent: Manuel Arvesu, Keyes Company Realtors, 305-799-8077, 305-443-7423 Listing Site, Listing Status: Active
Copyright © 2024 MIAMI Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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