343 Madeira Ave Coral Gables, FL 33134
Coral Gables Section NeighborhoodHighlights
- Marble Flooring
- No HOA
- Complete Impact Glass
- Coral Gables Preparatory Academy Rated A-
- Balcony
- Central Heating and Cooling System
About This Home
As of March 2025Four 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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $56,908
Year Built
- Built in 2010
Parking
- 9 Parking Spaces
Home Design
- Quadruplex
- Stucco Exterior
Interior Spaces
- 13,636 Sq Ft Home
- 3-Story Property
Flooring
- Wood
- Marble
Home Security
- Complete Impact Glass
- High Impact Door
Outdoor Features
- Balcony
Utilities
- Central Heating and Cooling System
- Generator Hookup
Listing and Financial Details
- Total Actual Rent $283,800
- Rent includes trash collection
- Assessor Parcel Number 03-41-08-005-0010
Community Details
Overview
- No Home Owners Association
- Coral Gables Sec K Rev Condos
- Coral Gables Sec K Rev Subdivision
Building Details
- Operating Expense $75,697
- Net Operating Income $208,102
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/19/2025 03/19/25 | Sold | $4,200,000 | 0.0% | $308 / Sq Ft |
| 02/25/2025 02/25/25 | Pending | -- | -- | -- |
| 01/02/2025 01/02/25 | For Sale | $4,200,000 | +54.8% | $308 / Sq Ft |
| 02/06/2017 02/06/17 | Sold | $2,714,000 | -6.4% | $220 / Sq Ft |
| 02/05/2017 02/05/17 | Pending | -- | -- | -- |
| 10/24/2016 10/24/16 | For Sale | $2,899,000 | +6.8% | $235 / Sq Ft |
| 10/13/2016 10/13/16 | Off Market | $2,714,000 | -- | -- |
| 10/04/2016 10/04/16 | For Sale | $2,899,000 | 0.0% | $235 / Sq Ft |
| 01/24/2014 01/24/14 | Rented | $5,500 | +22.2% | -- |
| 12/25/2013 12/25/13 | Under Contract | -- | -- | -- |
| 11/15/2013 11/15/13 | For Rent | $4,500 | -18.9% | -- |
| 08/01/2013 08/01/13 | Rented | $5,550 | +0.9% | -- |
| 07/02/2013 07/02/13 | Under Contract | -- | -- | -- |
| 05/20/2013 05/20/13 | For Rent | $5,500 | 0.0% | -- |
| 04/29/2013 04/29/13 | Sold | $1,990,000 | -0.3% | $161 / Sq Ft |
| 04/29/2013 04/29/13 | Pending | -- | -- | -- |
| 01/15/2013 01/15/13 | For Sale | $1,996,000 | -- | $162 / Sq Ft |
Source: MIAMI REALTORS® MLS
MLS Number: A11716209
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
- 412 Zamora Ave
- 1650 S Le Jeune Rd Unit 303
- 440 Zamora Ave
- 407 Navarre Ave
- 319 Mendoza Ave
- 318 Majorca Ave Unit 306
- 511 Madeira Ave
- 446 Majorca Ave
- 311 Navarre Ave
- 360 Menores Ave
- 335 Menores Ave
- 1520 Salzedo St Unit F
- 446 Navarre Ave
- 355 Alcazar Ave
- 1400 Salzedo St Unit 301
- 4221 SW 13th Terrace
- 4351 SW 14th St
- 4371 SW 14th St
- 1530 SW 44th Ave
- 1607 Ponce de Leon Blvd Unit 10A