For Sale
$1,550,000

43 Sidonia AveCoral Gables, FL 33134

Historic District, 4-Unit Apartment Building

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a beautifully maintained, fully-rented four-unit apartment building nestled in the heart of Coral Gables' historic district. Built in 1926 and boasting a two-story design, this property offers a compelling blend of classic charm and modern updates. Each of the four units provides generous living space, exceeding 700 square feet, and features a one-bedroom layout complemented by a den, full kitchen, and tastefully appointed bathrooms. A recent comprehensive renovation has enhanced the property's appeal, including the installation of new impact windows and a fresh coat of paint both inside and out. Adding to the property's income potential is an on-site coin-operated laundry facility, providing supplemental revenue for the owner. The property's location in Coral Gables offers easy access to a vibrant array of shopping, dining, and entertainment options. Furthermore, its proximity to Brickell, Downtown Miami, Wynwood, the Miami Design District, Miami International Airport, and the beaches of Key Biscayne adds significant value. The unique possibility of short-term rentals further enhances the investment potential. This is a rare opportunity to acquire a well-maintained, income-producing property in a highly desirable location. Financial reports are available upon request. This property will not remain on the market for long.

Highlights

  • $1,550,000 asking price.
  • Multifamily apartment building (duplex/triplex/quadruplex).
  • 1926 construction, 2 stories.
  • Four units, each over 700 sq ft, with one bedroom plus den, full kitchen, and updated bathroom.
  • Fully renovated with impact windows.
  • On-site coin-operated laundry provides supplemental income.

Property Details for 43 Sidonia Ave

Property type
Apartment buildings, Small apartment buildings
Year Built
1926
Stories
2

Location Insight

City
Coral Gables
County
Miami-Dade
State
Florida
Latitude
25.7600953
Longitude
-80.2567216
43 Sidonia Ave, Coral Gables, Florida

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43 Sidonia Ave
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