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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

PROPERTY FEATURES

Utilities : CableAvailable Water Source : Public Sewer System : PublicSewer
Community Features : Pool,TennisCourts
Parking Features : Balcony,Porch,Patio,RoomForPool Garage Spaces: 0
Exterior Features : Balcony,Porch,Patio,RoomForPool Lot Features : Item14Acre Roof : Barrel,Flat
Architectural Style : Detached,TwoStory Property Sub-Type Additional : SingleFamilyResidence Zoning Description : 0100 Pool Features : None,Community
Heating : Yes. Heating : Central,Electric Cooling : Yes. Cooling : CentralAir,Electric
Construction Materials : Block
Interior Features : BedroomonMainLevel,ClosetCabinetry,SecondFloorEntry,FrenchDoorsAtriumDoors,FirstFloorEntry,Fireplace,LivingDiningRoom,UpperLevelPrimary Fireplace Features : Decorative Appliances : Dryer,Dishwasher,ElectricRange,ElectricWaterHeater,Disposal,Microwave,Refrigerator,Washer Door Features : FrenchDoors Flooring : Tile

PROPERTY DETAILS

Street Address: 502 Madeira Ave
City: Coral Gables
State: Florida
Postal Code: 33134
MLS Number: A11576316
Year Built: 1925
Courtesy of The Keyes Company

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