Property Description

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

Features
: Community, None
: Central, Electric
: Centralair, Electric
: Yes, Nopetrestrictions
: Decorative
: Patio, Porch, Balcony, Open
: Microwave, Refrigerator, Dishwasher, Disposal, Dryer, Washer, Electricrange, Electricwaterheater
: Detached, Twostory
: Pool, Tenniscourts
: Driveway
: Barrel, Flat
: Publicsewer
Address Map
FL
Miami-Dade County
Coral Gables
33134
502 Madeira Ave
W81° 44' 4.8''
N25° 45' 19.2''
MLS Addon
2
2,740 Sqft
3
: Block
1
1
North
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.
: Balcony, Porch, Patio, Roomforpool
: Tile
: Livingdiningroom, Bedroomonmainlevel, Firstfloorentry, Closetcabinetry, Frenchdoorsatriumdoors, Fireplace, Secondfloorentry, Upperlevelprimary
1
1
Cash,Conventional,Cryptocurrency
: Item14acre
03-41-08-003-0860
CORAL GROVES
$14,482
2023
: Cableavailable
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Listedasis

Residential For Sale

502 Madeira Ave, Coral Gables, Florida 33134

4 Bedrooms
2 Bathrooms
2,468 Sqft
$1,849,000
MLS # #A11576316
Basic Details
Property Type : Residential
Listing Type : For Sale
Price : $1,849,000
Bedrooms : 4
Bathrooms : 2
Square Footage : 2,468 Sqft
Year Built : 1925
Lot Area : 6,750 Sqft
MLS # : A11576316
Property Sub Type : Singlefamilyresidence
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