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Central Gables Apts

$3,450,000

3409 S Le Jeune Rd, Coral Gables, FL 33134

Active
Last Updated: 01/29/2025

208,300

NOI

7,820 sqft

Building Size

Details:
NOI:    $208,300
Building Size:    7,820 sqft
Units:    13
Year Built:    1926
Floors:    2
Parking Spots:    14
Highlights:
  • Lot Features: City Location
  • Building Features: Dryer(S) Leased, Storage, Washer(S) Leased
  • Gross Income: 270300
  • Number Of Buildings: 1
  • Documents Available: Aerial Photo(S), Copy Of Lease(S)
  • Cooling: Wall/Window Unit(s)
  • Heating: Wall/Window Units
  • Electric: 220 Volts
  • Flooring: Ceramic Floor, Wood
  • Construction Materials: Concrete Block With Brick, CBS Construction
  • Parking Features: Assigned, Off Site
  • Security Features: Smoke Alarm, Smoke Detector(s), Security Gate, Security Lights, Security System
  • Insurance Expense: 12000
  • Ownership: Corporation
Description:

Lejeune House is now on the market! This charming 13-unit Old Spanish multifamily building is located in the heart of Coral Gables. The property includes two folios (03-4117-007-2090 and 03-4117-007-1830), comprising the apartment building and an adjacent parking lot with assigned parking for all tenants. The units consist of 10 one-bedroom apartments and 3 large studios, with the majority having been remodeled. The common areas have also been updated, and there is an on-site washer/dryer facility at the back of the building. Recertification with the city was completed this year. The building's prime location—just a block from the youth center and the new entertainment complex known as The Plaza, and close to Merrick Shops and Miracle Mile makes this an ideal investment opportunity.

Map:
Location
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