215 Sidonia Ave, Coral Gables, FL 33134

Outstanding opportunity for investor or builder to purchase this updated multifamily just a few steps from Ponce de Leon Blvd. in Coral Gables. This 8 Bedroom, 4 Bathroom Fourplex was completely remodeled with over $250,000 in improvements including new kitchen and baths, new impact windows and exterior doors, new Pergo and tile flooring, new plumbing, new electrical wiring, new tankless water heaters, new A/C's and a new washer and dryer. Cap rate is projected at 5% for 2018 with a monthly income of $6,675. Ten year building recertification was issued in 2016. Great potential for development as this property is behind a new high rise office condo construction on 1200 Ponce de Leon Blvd. and also has a high rise condo in front called 1300 Ponce Condo. Please do not disturb tenants.