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1410 S Douglas Rd, Coral Gables, FL 33134
$3,600,000
1410 S Douglas Rd, Coral Gables, FL 33134View this property at 1410 S Douglas Rd, Coral Gables, FL 33134
1410 S Douglas RdCoral GablesFL33134
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Property Description
Incredible investment opportunity in high barrier to entry Coral Gables submarket. "The City Beautiful" as it's known, has limited multifamily inventory. A steady tenant base and a waitlist of future tenants keep the properties fully occupied, while strong capital improvements keep future CapEx and turnover low. 40 yr up to date, impact windows, updated kitchens, baths, and flooring in most units. Inquire within for further information on the offering.
Full Property Details
Full Property Details for 1410 S Douglas Rd
General
- Sold For: $3,600,000
- Taxes: $29,249 (2022)
- Status: Closed
- Type: Commercial Multi-Family
- MLS ID: A11420041
- Added to Site: 305 day(s) ago
Business
- Business Type: Residential-Multi-Family
Rental Information
- Lease/Rent Term: Month To Month
Interior
- Furnishings: Unfurnished
- Flooring: Ceramic Floor, Terrazzo, Vinyl
Parking
- Total Spaces: 18
Location
- County: Miami-Dade County
Community
- Units Assoc/Comm: 12
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Wall/Window Units
Utilities
- Sewer: Public Sanitation
- Water: Public
Structural Information
- Detached/Attached: Detached
- Construction: CBS Construction
- Roof: Barrel Roof
- Windows: Clear Impact Glass, Partial Impact Glass
- Building Size: 8764
- Year Built: 1958
Unit Information
- Units in Complex: 12
Lot Features
- Lot Size (Acres): 0.3
- Lot Size (Sq. Ft.): 13,090
- Lot Features: Corner Lot
- Potential Use: Investment
- Zoning: 5001
Green Features
- Energy Efficient: Appliances
Financial Considerations
- Tax Amount: $29,249
- Tax Year: 2022
- Terms: All Cash, Conventional/Refinance
- Tenant Pays: Electricity
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
- Special Conditions: Sale
- Legal Description: 8 54 41 CORAL GABLES DOUGLAS SEC PB 25-69 LOTS 13 & 14 BLK 31 LOT SIZE 110.000 X 119
- Inclusions: Building & Land
- Property ID: 03-41-08-009-3130
Listed and Sold by Compass Florida, LLC
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Schools
Schools serving 1410 S Douglas Rd
School District:Miami-Dade County School District
Rating | Name | Grades | Distance |
---|---|---|---|
105 Minorca Ave, Coral Gables, FL 33134 | PK-8 | 0.3 mi | |
12829 Sw 272nd St, Homestead, FL 33032 | PK-8 | 19 mi | |
5801 Augusto St, Coral Gables, FL 33146 | 6-8 | 3.1 mi | |
450 Bird Rd, Coral Gables, FL 33146 | 9-12 | 1.7 mi | |
Robert Morgan Educational Center and Technical College
18180 Sw 122 Avenue, Miami, FL 33177 | 9-12 | 13.8 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1410 S Douglas Rd
Date
Details
Price
Change
Source
12/20/2023
Sold
$3,600,000
-14.29%
MLS
11/04/2023
Price Reduced
$4,200,000
-33.33%
MLS
7/15/2023
Listed
$6,300,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1410 S Douglas Rd, Coral Gables, FL 33134 (MLS# A11420041) is a Commercial Multi-Family property that was sold at $3,600,000 on December 20, 2023. Want to learn more about 1410 S Douglas Rd? Do you have questions about finding other Commercial Multi-Family real estate for sale in Coral Gables? You can browse all Coral Gables real estate or contact a Coldwell Banker agent to request more information.