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Coral Gables Sec B

$1,390,000

400 Alcazar Ave, Coral Gables, FL 33134

Active
Last Updated: 09/03/2026

2,124 sqft

Building Size

2

Units

Details:
Building Size:    2,124 sqft
Units:    2
Year Built:    1937
Floors:    2
Parking Spots:    6
Gross Leaseable Area:    2,124
Highlights:
  • Lot Features: Less Than 1/4 Acre Lot
  • Documents Available: Other Available Information
  • Architectural Style: Detached
  • Cooling: Wall/Window Unit(s)
  • Heating: Window/Wall
  • Flooring: Wood
  • Construction Materials: CBS Construction
Description:

Immaculate turnkey Coral Gables duplex featuring two 2-bed/1-bath units, each with classic architectural charm across two stories. The owner commissioned a thorough pre-sale inspection from TruView Inspections, among the best in the business, completed September 1, 2026, and available to qualified buyers upon request.
Major capital improvements are complete: new roof (2022), impact windows and doors (2024).
$7,000/month gross income potential: the upper unit is leased at $3,700/month, and the vacant ground-floor unit is rent-ready from day one. Perfect for an owner-occupant offsetting the mortgage with the upper unit, or an investor seeking immediate full occupancy in an ultra-high-demand market where the lower unit recently drew multiple applications within 24 hours.
Located on an affluent, quiet residential street within top-rated school districts, the ground-floor residence features a large private terrace, plus a spacious backyard and rare off-street parking for several vehicles. Stroll to Miracle Mile and Giralda Plaza's dining and shopping, or tee off at historic Granada Golf Course. With in-place income, possession flexibility, and pristine condition, 400 Alcazar is an exceptional opportunity for owner-occupants and investors alike.

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