Overview

$378,500

20% Min Down

400 Valencia Ave #3

400 Valencia Avenue, Miami, FL 33134

For sale in Coral Gables

2 BR | 2 BA | 1,111 ft² | $341/ft² | 5.87% Cap Rate

Listed Dec 31st, 2020
Welcome to Gables living at its finest…without the high condo fees! Live steps from the heart of Coral Gables where you can live, work, and play right in the same neighborhood! This boutique townhome is perfectly located within steps to all the restaurants, Publix, the trolley stop, Miracle Mile shopping, etc. Enjoy getting in and out of your private covered carport! This is the only unit available for sale in the building for a good reason! The spacious floorplan is perfect for entertaining and not feeling cramped. Impact Windows ensure tranquility. Don’t miss out on the opportunity to make this home your own… Get creative decorating a huge dining room, separate living area, open kitchen leading out to a private patio overlooking a garden... Excellent investment opportunity! VIEW ASAP!

The manager has listed the unit size as 1111 square feet.

Inquire about this Property

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Features & Amenities

Unit Amenities

  • Patio
  • Dishwasher
  • Dryer
  • Garbage Disposer
  • Ice Maker
  • Microwave
  • Range - Electric
  • Refrigerator
  • Washer
  • Central A/C
  • Exterior: Block
  • Exterior: Concrete Block
  • Carport
  • Floor Coverings: Tile

Building Amenities

  • Dishwasher
  • Dryer
  • Ice Maker
  • Microwave
  • Range - Electric
  • Refrigerator
  • Washer
  • Central A/C
  • Central Furnace
  • Covered
  • Garage - Attached

Building Policies

Learn more about 400 Valencia Avenue, Miami, FL 33134

Listed By

Lina Carrera

Carrera Consulting Group International, Inc.

3054965696

History

Date Event Price
Apr 15, 2021 Price Drop $378,500
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Dec 31, 2020 Listed $379,000
ListingHistoryRow::__set_state(array( 'event_date' => '2020-12-31', 'event_type' => 'Listed', 'event_source' => 'Public Record', 'event_value' => '$379,000', 'orig_value' => NULL, 'listing_id' => '13461317', 'unit' => '3', 'building_id' => NULL, 'street_address' => '400 Valencia Ave', 'citystate' => 'Coral Gables, FL', 'bedrooms' => '2', 'bathrooms' => '2', 'square_feet' => '1111', 'pretty_url' => 'https://www.realtyhop.com/building/400-valencia-ave-coral-gables-fl/3/13461317', 'diff_amount' => NULL, 'diff_pct' => NULL, 'orig_diff_rows' => array ( ), 'orig_type' => 'listing_row', 'alt_data' => '', ))

Property Analysis

Price Estimate

$382,285

HopScore Market Price

$378,500

Current Asking Price

+$3,785

Difference from Asking

Cap Rate Analysis

Operating Profit

$22,218
/

Purchase Price

$378,500
=

Cap Rate

5.87%
**

* Actual income may vary between $1,840 and $2,760 depending on unit-specific characteristics.

** 100% occupancy is assumed. Leverage (mortgage) is not considered.

Comparables

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Common Charges

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Building Info

Want to find out who owns 60 East 8th Street? Get detailed property transactions here.

Neighborhood

Stats & Trends

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Median Asking

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Above Asking

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Sale Price/ft²

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Days on Market

Schools

School Type Grades Distance
CORAL GABLES PREPARATORY ACADEMY Elementary PK to 8 0.58 mi
PONCE DE LEON MIDDLE SCHOOL Middle School 6 to 8 2.2 mi
CORAL GABLES SENIOR HIGH SCHOOL High School 9 to 12 0.93 mi
MIAMI BRIDGE NORTH Secondary School 7 to 11 3.45 mi
SCHOOL FOR ADVANCED STUDIES-WOLFSON High School 11 to 12 4.78 mi
School zoning information and other data are provided by RealtyHop Schools and 3rd party sources. The contents of the database are not guaranteed to be accurate or timely. Contact the schools or districts before making any decisions using on this data.

Mortgage Payment Calculator

$2,258

Per Month

Recent Transactions at 400 Valencia Ave

Transaction history for 400 Valencia Avenue

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HOA + Tax
Closed Closing Buyer(s)

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Nearby Buildings

Learn more about 400 Valencia Ave #3

Building at 400 Valencia Avenue, Miami, FL 33134

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