502 Madeira Ave

Coral Gables, FL 33134 Active

$1,849,000

  • 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 # A11576316
  • Bedrooms 4
  • Bath 2
  • Living Area 2,468
  • Lot Area 6,750
  • Price Sqft $749 / sqft
  • Price Sq Meters $8,064.47 / sqm
  • Year Built 1925
  • Days On Market 24 days
  • Complex CORAL GROVES

  • Exterior Features:
  • Open Balcony
  • Room For Pool

  • Interior Features:
  • First Floor Entry
  • Second Floor Entry
  • Closet Cabinetry
  • French Doors
  • Family Room
  • Equipment:
  • Dishwasher
  • Disposal
  • Dryer
  • Electric Water Heater
  • Microwave
  • Electric Range
  • Refrigerator
  • Washer
  • Home Cooling:
  • Central Air
  • Electric
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Michael Light, P.A. Broker Associate
Mobile: 786-566-1700 Office: 305-350-9842
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Schools Near 705 Madeira Ave

Rating School Type Grades Distance
School Rating Coral Gables Preparatory Academy public PK, KG 1-8 0.49 mil
School Rating Somerset Gables Academy charter KG 1-8 0.96 mil
School Rating Kinloch Park Elementary School public PK, KG 1-5 1.23 mil
School Rating Auburndale Elementary School public PK, KG 1-5 1.38 mil
School Rating Henry M. Flagler Elementary School public PK, KG 1-5 1.50 mil
School Rating Sylvania Heights Elementary School public PK, KG 1-5 1.69 mil
School Rating Mater Grove Academy charter KG 1-8 1.74 mil

The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. Data provided by GreatSchools.org © 2023. All rights reserved.

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