Interior
- Bathrooms
- 0
- Living area
- 2,110 sq ft
- Flooring
- Ceramic Tile, Hardwood, Wood
- Cooling
- Central Air
- Heating
- Central
Active · Duplex
$4,295,000
3621 Ponce De Leon Blvd, Coral Gables, FL 33134
- Beds
- —
- Baths
- 0
- Living area
- 2,110 sq ft
- $ / sq ft
- $2,036/sq ft
- Year built
- 1953
- Lot size
- —
- HOA fee
- —
- Annual tax
- $17,409
About this property
Prestigious Multi-Family portfolio or Development Site on Ponce De Leon Boulevard in the heart of Coral Gables! This one-of-a-kind investment opportunity consists of two adjacent duplexes located at 3621 and 3627 Ponce de Leon Boulevard, this prime location offers endless possibilities for expansion or redevelopment with a lot size of 15,230 square feet. The first duplex located at 3621 Ponce de Leon Blvd features two spacious 2-bedrooms, 2-bathroom units and spacious living areas. The second duplex located at 3627 Ponce de Leon Blvd boasts two 2-bedroom, 1-bathroom units and has a rare large double lot. This offering of two adjacent properties on this prestigious Boulevard boasts a monthly income of $11,800. Don’t miss this opportunity to acquire this truly unique investment opportunity!
Property location
Get Directions3621 Ponce De Leon Blvd, Coral Gables, FL 33134
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Facts & features
Exterior & Structure
- Property type
- Duplex
- Year built
- 1953
- Roof
- Built Up
- Construction
- Block
- Pool
- None
Parking
- Covered spaces
- 0
HOA, Community & Financials
- Annual tax
- $17,409
- Subdivision
- COCONUT GR SEC 1 C GAB
- County
- Miami-Dade
- Days on market
- 358
- MLS listing ID
- A11807331
- Listing status
- Active
Virtual tour
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Yield & ROI calculator
Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.
Estimated monthly cash flow
-$10,269
- Cap rate
- 2.8%
- Net yield
- 2.8%
- Cash-on-cash return
- -10.2%
- Gross yield
- 4.4%
- Mortgage payment
- $20,360/mo
- Down payment
- $1,073,750
- Loan amount
- $3,221,250
- Annual NOI
- $121,103
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.