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Coral Gables Multifamily Rental Building for sale near Merrick Park 4-plex fourplex

3700 Ponce de Leon

Coral Gables Commercial Building at Trolley stop, near Merrick Park. Residential income property with 5 units fully rented. Reduced. Build townhouses or keep for income. Gross rental income is $6825 + laundry room income. Patio & balcony on 2nd floor.

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Address: 3700 Ponce de Leon
City: Coral Gables
State: Florida
Zip: 33134
Neighborhood: Ponce
Price: $1,195,000
Beds: 11
Baths: 8
Floors: 2
Year Built: 1952

Garage Size: 0
Square Feet: 6,240
Lot Size: 10100
Property Taxes: 15,911
Status: Active
mls: M1186608


Full Description: Coral gables blue chip. Keep for rental or condo convert. Condo docs are done and approved. Sell as is or update. Right on the trolley stop between village of Merrick Park and downtown. Onsight parking. Current tenants are mostly students. Huge units with a wood beam ceiling unit. Could live in one and rent the others or keep for family. Walk to downtown and village of Merrick Park. South building was built in 1980 by the then owner.

Home Features
Cable/Satellite TV
Dishwasher
Fireplace
Hardwood Floors
Microwave
Patio/Deck
Washer/Dryer

Community Features
Bike Paths
Public Transportation
Spa/Jacuzzi

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