Interior
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 1,228 sq ft
Active · SingleFamilyResidence
$1,200,000
345 Malaga Ave, Coral Gables, FL 33134
- Beds
- 2
- Baths
- 2
- Living area
- 1,228 sq ft
- $ / sq ft
- $977/sq ft
- Year built
- 1959
- Lot size
- 4,000 sq ft
- HOA fee
- —
- Annual tax
- —
About this property
Rare opportunity to aquire MIXED-USE zoned property. (Coral Gables Business District). (2Bdrm. 2Bth 1 car garage and driveway + street parking).Situated on 4,000 sq. ft. lot. This Property offers Immediate income or occupancy potential with significant long-term upside through redevelopement and or assemblage with neighboring parcels. Coral Gables zoning framework encourages thoughtful mixed-use projects that enhance the public realm and increase density.creating a strong long-term value. Easy to show!
Property location
Get Directions345 Malaga Ave, Coral Gables, FL 33134
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Facts & features
Exterior & Structure
- Property type
- SingleFamilyResidence
- Year built
- 1959
- Lot size
- 4,000 sq ft
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- County
- Miami-Dade
- MLS listing ID
- A11998531
- 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
-$3,330
- Cap rate
- 2.4%
- Net yield
- 2.4%
- Cash-on-cash return
- -11.9%
- Gross yield
- 5.5%
- Mortgage payment
- $5,689/mo
- Down payment
- $300,000
- Loan amount
- $900,000
- Annual NOI
- $28,308
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.