• 502 Madeira Ave Coral Gables, FL 33134

  • $1,849,000
  • 4
    Bed(s)
  • 2
    Baths
  • 2,468
    Sq Ft
  • 6750
    Sqft

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

Property Type :

Residential

Subdivision :

Coral Groves

County :

Miami-Dade County

Style :

Residential

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Property Details

 

Bedroom Information

Total beds : 4

Bathroom Information

Total Baths: 2

Full Baths: 2

Interior Features

BedroomonMainLevel,ClosetCabinetry,SecondFloorEntry,FrenchDoorsAtriumDoors,FirstFloorEntry,Fireplace,LivingDiningRoom,UpperLevelPrimary

Roof : Barrel,Flat

Appliances : Dryer,Dishwasher,ElectricRange,ElectricWaterHeater,Disposal,Microwave,Refrigerator,Washer

Roofing Information

Barrel,Flat

Flooring Information

Tile

Heating & Cooling

Has Heating: Yes

Heating: Central,Electric

Has Cooling: Yes

Cooling: CentralAir,Electric

Building Information

Year Built: 1925

Building Area Total: 2740

Construction Materials : Block

Stories : 2

Patio And Porch Features : Balcony,Open,Patio,Porch

Pool Features : None,Community

Private Pool : No

View : None

Exterior Features

Exterior Features : Balcony,Porch,Patio,RoomForPool

Lot Information

Main Square Feet: 6750

Lot Size Square Feet: 6750

Lot Description: Item14Acre

Property Information

Subdivision: CORAL GROVES

Source Property Type: Residential

Postal Code Plus 4: 4237

Zoning Description: 0100

Property SubType: SingleFamilyResidence

Direction Faces: North

Levels: Two

Property Age: 99

Listing Price Information

Original List Price: $1849000

Original List Price: $1849000

Cash,Conventional,Cryptocurrency

Tax Information

Parcel Number: 03-41-08-003-0860

Tax Year: 2023

Annual Tax: $14482

Tax Legal Desc: 8 54 41 CORAL GROVES PB 15-72 LOT 11 BLK 5 LOT SIZE 50.000 X 135 OR 15257-1209 1091 4

Parking Information

Driveway

Garage Information

Pets Allowed: NoPetRestrictions,Yes

Utility Information

CableAvailable

Location Information

Direction: It is centrally located. From US1, go north on Le June Rd until you reach Madeira and turn left. Alternatively, you can take expressway SR-836 and exit on Le June Road South to Madeira, then go west. The property will be on your left-hand side.

WaterSource: Public

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
120 Salamanca Ave #4A, Coral Gables, FL,33134 $850,000 2 3 1,577 --
120 Salamanca Ave #3B, Coral Gables, FL,33134 $825,000 2 3 1,577 --
275 Giralda Ave #PH, Coral Gables, FL,33134 $9,750,000 4 5 4,970 --
1221 Mariola Ct, Coral Gables, FL,33134 $9,950,000 6 6 6,062 20739 Sqft
811 Capri St, Coral Gables, FL,33134 $1,390,000 3 2 1,654 7575 Sqft
700 Biltmore Way #410, Coral Gables, FL,33134 $575,000 2 2 1,290 --
2619 Anderson Rd #9, Coral Gables, FL,33134 $4,699,000 4 5 3,742 --
1607 Ponce De Leon Blvd.., Coral Gables, FL,33134 $700,000 2 2 1,174 --
1203 Alhambra Cir, Coral Gables, FL,33134 $3,999,000 4 4 3,142 16079 Sqft
526 Madeira Ave, Coral Gables, FL,33134 $2,249,000 3 4 2,701 10275 Sqft

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2022 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 05/06/2024 @ 20:46

MLS: A11576316
LISTED BY: Manuel Arvesu, The Keyes Company
SOURCE: SEFMIAMI
Buyer Agency Compensation: 3%
Buyer Agency Description: BBC: 3%, The offer of compensation is made only to participants of the MLS where the listing is filed.

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