1510 Madrid St new

Coral Gables,FL 33134

$ 4200000

- Bed

0 Bath

5900 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,900 sqft

Price per Sqft $711

MLS Listing ID A11864261

Construction Status Resale

HOA Fees $2,040/mo

HOA Y/N Yes

Year Built 1933

Annual Tax Amount $10,000

Tax Year 2024

Lot Size 0.542 Acres

Property Sub-Type Multi Family

Property Description

CORAL GABLES FAMILY COMPOUND (The Beverly Hills of Miami) $4.5M
Fully legal, Historic, One of a Kind, Signature Property. Main House, 2 beds & 2 baths (on 10,500 land), Guest House (2/2), plus 4 Cottages (on total of 23,630 land). 8 Bedrooms & 8 Bathrooms on over 23,600 lot. Live with your parents, kids and the whole family or use some for income, licensed for rentals and insured. Corp Housing is also an option for businesses with lots of employees coming and going.
Plus, the ability to add over 3500 sq feet of new construction to existing over 5200 sq feet of living area. Current month to month leases. Property was condo converted into 6 units. Sellers would like to keep unit #5 & would reduce price accordingly, see MLS listing (1510 Madrid & 1301 Milan).Call owner/agent for showing

Location

State FL

County Miami-dade

Area 41

Interior

Heating Central

Cooling Central Air,Ceiling Fan(s)

Flooring Marble

Exterior

Roof Type Barrel

Total Parking Spaces 8

Private Pool Yes

Building

Story 1

Sewer Septic Tank

Level or Stories One

Structure Type Block,Stone

Construction Status Resale

Others

Tax ID 03-41-07-018-6131

Acceptable Financing Cash,Conventional,1031 Exchange

Listing Terms Cash,Conventional,1031 Exchange

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