3409 S Le Jeune Rd, Coral Gables, FL 33134 — MLS photo

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3409 S Le Jeune Rd, Coral Gables, FL 33134

Active · MultiFamily

$3,300,000

3409 S Le Jeune Rd, Coral Gables, FL 33134

Beds
—
Baths
0
Living area
— sq ft
$ / sq ft
—
Year built
1926
Lot size
5,750 sq ft
HOA fee
—
Annual tax
—

About this property

Remarks Remarks: Lejeune House is now on the market! This charming 13-unit Old Spanish multifamily building is located in the heart of Coral Gables. The property includes two folios (03-4117-007-2090 and 03-4117-007-1830), comprising the apartment building and an adjacent parking lot with assigned parking for all tenants. The units consist of 10 one-bedroom apartments and 3 large studios, with the majority having been remodeled. The common areas have also been updated, and there is an on-site washer/dryer facility at the back of the building. Recertification with the city was completed this year. The building's prime location—just a block from the youth center and the new entertainment complex known as The Plaza, and close to Merrick Shops and Miracle Mile makes this an ideal investment opportunity.

Property location

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3409 S Le Jeune Rd, Coral Gables, FL 33134

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Facts & features

Interior

Bathrooms
0

Exterior & Structure

Property type
MultiFamily
Year built
1926
Lot size
5,750 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
Miami-Dade
MLS listing ID
A11979702
Listing status
Active

Investment intelligence

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

-$6,459

Cap rate
3.3%
Net yield
3.3%
Cash-on-cash return
-8.4%
Gross yield
6.6%
Mortgage payment
$15,644/mo
Down payment
$825,000
Loan amount
$2,475,000
Annual NOI
$110,220

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.