Active
502 Madeira Ave
Coral Gables FL, 33134
$1,849,000
$749.19 per sqft
Active
4 Beds
2 Baths
2,468 sqft
Residential
Built in 1925
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
A11576316
MLSⓇ ID
April 25, 2024
Listed
May 2, 2024
Updated
Map
502 Madeira Ave
Coral Gables FL, 33134
Interior Features
Bedrooms
4
Total Bathrooms
2
Interior Features
First Floor Entry, Second Floor Entry, Closet Cabinetry, French Doors, Family Room
Appliances
Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Washer
Floor Description
Tile
Fireplace
Yes
Fireplace Description
Fireplace, Decorative
Cooling
Yes
Cooling Description
Central Air, Electric
Heating
Yes
Heating Description
Central, Electric
Exterior/Building Features
Lot Size
0.15 Acres
Exterior Features
Open Balcony, Room For Pool
Lot Features
Less Than 1/4 Acre Lot
Architectual Style
Detached, Two Story
Roof
Barrel Roof, Flat Roof With Facade Front
Sewer
Public Sewer
Other Property Details
Area Name
Coral Groves
Taxes
$14,482
Tax Frequency
Annually
Days on Market
7
Garage
No
Parking
Driveway
View
No
View Description
None
County
Miami-Dade County
Water Source
Municipal Water
Pool
No
Zoning
0100
Buyer Agency Compensation
3%
Listed by: The Keyes Company
Listing Contact: 305-799-8077
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Data last updated 7:10 PM UTC, 5/2/2024.