400 Alcazar Avenue, Coral Gables, FL

$1,390,000

Previous Next

2,124

Square feet

About 400 Alcazar Avenue

Immaculate turnkey Coral Gables duplex featuring two 2-bed/1-bath units, each with classic architectural charm across two stories. The owner commissioned a thorough pre-sale inspection from TruView Inspections, among the best in the business, completed September 1, 2026, and available to qualified buyers upon request.Major capital improvements are complete: new roof (2022), impact windows and doors (2024).$7,000/month gross income potential: the upper unit is leased at $3,700/month, and the vacant ground-floor unit is rent-ready from day one. Perfect for an owner-occupant offsetting the mortgage with the upper unit, or an investor seeking immediate full occupancy in an ultra-high-demand market where the lower unit recently drew multiple applications within 24 hours.Located on an affluent, quiet residential street within top-rated school districts, the ground-floor residence features a large private terrace, plus a spacious backyard and rare off-street parking for several vehicles. Stroll to Miracle Mile and Giralda Plaza's dining and shopping, or tee off at historic Granada Golf Course. With in-place income, possession flexibility, and pristine condition, 400 Alcazar is an exceptional opportunity for owner-occupants and investors alike.

Multi-Family home for sale in Coral Gables, FL at 400 Alcazar Avenue. This Multi-Family home is priced at $654/sqft

Features of 400 Alcazar Avenue

MLS® # A12066032
Price $1,390,000
Square Footage 2,124
Year Built 1937
Type Multi-Family
Sub-Type Duplex
Status Active

Community Information: Coral Gables

Address 400 Alcazar Avenue
Area 2410
Subdivision CORAL GABLES SEC B
City Coral Gables
County Miami-Dade
State FL
Zip Code 33134

Amenities of 400 Alcazar Avenue

Utilities Cable Not Available
Is Waterfront No
Has Pool No

Interior of 400 Alcazar Avenue

Heating Window/Wall
Cooling Wall/Window Unit(s)
# of Stories 2

Exterior of 400 Alcazar Avenue

Roof Spanish Tile
Construction CBS

School Information

Elementary Coral Gables Preparatory Academy
High Coral Gables

Additional Information On 400 Alcazar Avenue

Listing Courtesy of Keller Williams Capital Realty
Date Listed August 7th, 2026
Zoning 5900
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeKeller Williams Capital Realty

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?