215 Sidonia Avenue
Coral Gables, FL 33134

PhotosNeighborhoodSchoolsMLS # A10311166
Photo of 215 Sidonia Avenue, Coral Gables, FL 33134
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Description

Outstanding opportunity for investor or builder to purchase this updated multifamily just a few steps from Ponce de Leon Blvd. in Coral Gables. This 8 Bedroom, 4 Bathroom Fourplex was completely remodeled with over $250,000 in improvements including new kitchen and baths, new impact windows and exterior doors, new Pergo and tile flooring, new plumbing, new electrical wiring, new tankless water heaters, new A/C's and a new washer and dryer. Cap rate is projected at 5% for 2018 with a monthly income of $6,950. Ten year building recertification was issued in 2016. Great potential for development as this property is behind a new high rise office condo construction on 1200 Ponce de Leon Blvd. and also has a high rise condo in front called 1300 Ponce Condo. Please do not disturb tenants.

Property Details

General Info

Property Type: Multi-Family
Subdivision: C Gab Douglas Sec
County: Miami-Dade
Year Built: 1946
Lot Dims: 5500

Interior Features

Heat/Cool
  • Electric heating
  • Central heat
  • Central A/C
Floors
  • Tile

Exterior Features

Construction

Structure Composition
  • Concrete block stucco

Financial Info

Miscellaneous

Utilities
  • Cable TV Available
  • Public water supply
  • Public sewer service
Listing Courtesy of Jose Gaviria, Diversified Realty Exchangellc
The information displayed is derived from Southeast Florida MLS IDX Listing - Internet Data eXchange
$1,250,000 for sale

Sq. Ft. (living)3,278
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