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 pa

3409 SOUTH LE JEUNE RD, Coral Gables

$3,450,000 USD
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Address3409 SOUTH LE JEUNE RD, Coral Gables
Building NameCENTRAL GABLES APTS
Type of PropertyIncome / MultiFamily
Type of BusinessApartments, Residential-Multi-Family
Business LocationCity Location
Property StyleIncome Non-Waterfront
Price$3,450,000
Property StatusActive
MLS NumberA11658377
Property Size5750
Lot Size5750
Year Built1926
Parking Space Number14
Folio Number03-41-17-007-2090
Gross Operating Income$270,300
Net Operating Income$208,300
Zoning Information5900
Days on Market86

Detailed 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.

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Address Information
StateFlorida
CityCoral Gables
CountyMiami-Dade County
Zip Code33134
Address3409 SOUTH LE JEUNE RD
Business LocationCity Location
Section17
Zip Code (4 Digits)7163
Financial Information
Price$3,450,000
Price per Foot$0
Folio Number03-41-17-007-2090
Gross Operating Income$270,300
Net Operating Income$208,300
Tax Amount$33,910
Tax Year2023
Possession InformationFunding
Full Descriptions
Detailed DescriptionLejeune 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.
Year Built DescriptionResale
How to ReachBIRD ROAD TO LEJEUNE RD GO NORTH TO 3409 (BEFORE UNIVERSITY DRIVE)
Roof DescriptionConcrete
Floor DescriptionCeramic Floor, Wood
Cooling DescriptionWall / Window Unit (s)
Heating DescriptionWall / Window Units
Water DescriptionPublic
Parking DescriptionAssigned, Off Site
Property parameters
Living Area5750
Lot Size5750
Total Acreage0.000
Zoning Information5900
Maximum Leasable Size5750
Year Built1926
Type of PropertyIncome / MultiFamily
Type of BusinessApartments, Residential-Multi-Family
StyleIncome Non-Waterfront
Building NameCENTRAL GABLES APTS
Construction TypeConcrete Block With Brick,CBS Construction
Stories Number2
Street DirectionSouth
Parking Space Number14
Listed withDouglas Elliman