502 Madeira Ave
Coral Gables, FL 33134

  • 4 beds
  • 2 baths
  • 2,468 sqft
  • 6,750 sqft lot
  • $749 per sqft
  • 1925 build
  • on site

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

MLS of Miami logo Listing courtesy of MLSM / The Keyes Company

Last checked: Checking… • Last updated May 2, 2024 •

MLS# A11576316 —

Monthly cost estimate

502 Madeira Ave

Asking price

$1,849,000

Expense Monthly cost
Mortgage

$9,900

Taxes $1,206
Insurance $508
Utilities $214 See report
Total $11,828/mo.*
*This is an estimate

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Sale history

Date Event Source Price % Change
4/25/24
Listed / Active MLSM $1,849,000

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This house located in Granada, Coral Gables, FL 33134 is currently for sale for $1,849,000. 502 Madeira Ave is a 2,468 square foot house with 4 beds and 2 baths that has been on Estately for 10 days. 502 Madeira Ave is in the Granada neighborhood of Coral Gables and has a WalkScore® of 85, making it very walkable. This house is in the attendance area of Coral Gables Preparatory Academy, Coral Gables Senior High School, George Washington Carver Middle School, Ponce De Leon Middle School, Robert Morgan Educational Center And Technical College, and Air Base Elementary School.

MLS of Miami logo Listing Courtesy of: MLSM and The Keyes Company.

Based on information from the MLS MIAMI 2024. All information provided is deemed reliable but is not guaranteed and should be independently verified. MLSM, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. MLSM and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.



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