$2,845,000
$3,200,000
11.1%For more information regarding the value of a property, please contact us for a free consultation.
4,359 SqFt
SOLD DATE : 10/29/2021
Key Details
Sold Price $2,845,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,359 sqft
Price per Sqft $652
Subdivision The Ponce
MLS Listing ID A11011551
Sold Date 10/29/21
Construction Status New Construction
HOA Fees $1,772/mo
HOA Y/N Yes
Year Built 2020
Annual Tax Amount $40,000
Tax Year 2020
Contingent Pending Inspections
Property Sub-Type Triplex
Property Description
Welcome to The Ponce – a collection of 3 magnificent, newly-constructed, fully-leased residential units in central Coral Gables. This is a rare opportunity to purchase a trophy, cash-flowing investment portfolio in a prime location, and to take advantage of the thriving rental market in Miami. Offering consists of a 2-story home (3BR/2.5BA, 2-car garage, 2,676 tot SF), a guest's quarters (studio w/ full kitchen, bathroom & private entrance on the 2nd floor above the garage, 594 total SF), and a 2-story townhome next door (3BR/2.5BA, total 1,750 SF) - all of which are less than two years old and generating amazing cash flow. Design inspired by Bermuda's English and Spanish colonial architecture. This is a portfolio sale; units will not be sold individually. Please don't disturb Tenants.
Location
State FL
County Miami-dade County
Community The Ponce
Area 41
Direction Conveniently located on the south side of Downtown Gables. 11 blocks from Miracle Mile and 5 blocks from The Plaza. Also, 8 blocks from Shops at Merrick Park. Coral Gables Trolly stop right in front of the building for fast, free and easy transportation.
Interior
Heating Central, Electric
Cooling Central Air, Electric
Flooring Ceramic Tile, Tile
Window Features Blinds,Impact Glass
Exterior
Exterior Feature Balcony, Fence, Security/High Impact Doors, Patio
Pool None
Utilities Available Cable Available
Roof Type Flat,Tile
Porch Patio
Total Parking Spaces 5
Private Pool No
Building
Lot Description < 1/4 Acre
Story 2
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Block
New Construction true
Construction Status New Construction
Others
Tax ID 03-41-17-088-0010
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
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