Basic Information

  • MLS # A11576316
  • Type Single Family Home
  • Status Active
  • Subdivision/Complex Coral Groves
  • Year Built 1925
  • Total Sqft 6,750
  • Date Listed 04/25/2024
  • Days on Market 9
Description

Rare opportunity! Residential property with income-producing possibilities. In the heart of Coral Gables in the 500 block of Madeira. It sits on a beautiful tree-lined street with a short walk to Granada Golf Course, Miracle Mile, Alhambra Circle, restaurants, beauty salons, and the Venetian pool. Initially, it was a duplex, but somebody converted it to a single-family home and then returned to a duplex. The use is grandfathered, but this property would make a beautiful home. It has a great terrace in the front and a big balcony on the second floor. Unlike most RI properties in the Gables, which are located in a more commercial zone and will need to remain as a duplex, here you can refurbish the interior of a brand-new single-family home. Sold As-is. Please See the supplemental remarks

Exterior Features

  • Waterfront No
  • Pool No
  • View None
  • Construction Type Block
  • Design Description Detached,TwoStory
  • Exterior Features Balcony, Porch, Patio, RoomForPool
  • Parking Spaces 0
  • Parking Description Driveway
  • Roof Description Barrel,Flat
  • Style SingleFamilyResidence

Interior Features

  • Adjusted Sqft 2,468
  • Cooling Description CentralAir,Electric
  • Equipment Appliances Dryer,Dishwasher,ElectricRange,ElectricWaterHeater,Disposal,Microwave,Refrigerator,Washer
  • Floor Description Tile
  • Heating Description Central,Electric
  • Interior Features BedroomonMainLevel, ClosetCabinetry, SecondFloorEntry, FrenchDoorsAtriumDoors, FirstFloorEntry, Fireplace, LivingDiningRoom, UpperLevelPrimary
  • Sqft 2,468

Property Features

  • Address 502 Madeira Ave
  • Aprox. Lot Size 6,750
  • Architectural Style Detached,TwoStory
  • City Coral Gables
  • Community Features Pool,TennisCourts
  • Construction Materials Block
  • County Miami-Dade County
  • Covered Spaces 3
  • Direction Faces North
  • Furnished Info No
  • Levels Two
  • Listing Terms Cash,Conventional,Cryptocurrency
  • Lot Description Approx 14 Acre
  • Lot Features Approx 14 Acre
  • Occupant Type Tenant
  • Parking Features Driveway
  • Patio And Porch Features Balcony,Open,Patio,Porch
  • Pets Allowed NoPetRestrictions,Yes
  • Pool Features None,Community
  • Possession CloseOfEscrow
  • Postal City Coral Gables
  • Public Survey Section Two
  • Public Survey Township 3
  • Roof Barrel,Flat
  • Sewer Description PublicSewer
  • Short Sale Regular Sale
  • Stories 2
  • HOA Fees N/A
  • Subdivision Complex
  • Subdivision Info Coral Groves
  • Tax Amount $14,482
  • Tax Information 8 54 41 CORAL GROVES PB 15-72 LOT 11 BLK 5 LOT SIZE 50.000 X 135 OR 15257-1209 1091 4
  • Tax Year 2023
  • Terms Considered Cash,Conventional,Cryptocurrency
  • Type of Property SingleFamilyResidence
  • View None
  • Water Source Public
  • Year Built Details Resale

502 Madeira Ave

Coral Gables, FL 33134

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The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: The Keyes Company. tel: 305-443-7423

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