400 Alcazar Ave Coral Gables FL 33134 | MLS #A12066032
400 Alcazar Ave
Coral Gables, FL, 33134
$1,390,000
Beds
0 Baths
2,124 SqFt
0 Acres
$1,390,000
400 Alcazar Ave
Coral Gables, FL, 33134
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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.

Property Details

Price:
$1,390,000
MLS #:
A12066032
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
Duplex
Subdivision:
CORAL GABLES SEC B
Neighborhood:
coralgablessecb
Listed Date:
Aug 7, 2026
Finished Sq Ft:
2,124
Total Sq Ft:
2,124
Year Built:
1937
Units:
2
DetachedCoral Gables Sec BCoralgablessecbCoral Gables Sec B

Schools

Interior

Cooling
Wall/Window Unit(s)
Flooring
Wood
Heating
Window/Wall

Exterior

Architectural Style
Detached
Construction Materials
CBS Construction
Lot Features
Less Than 1/4 Acre Lot
Parking Spots
6
Parking Total
6
Roof
Curved/S-Tile Roof
Stories
2

Financial

Tax Year
2025
Taxes
$11,418
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Map

Current real estate data for Multi Family in Coral Gables as of Sep 07, 2026
8
Multi Family Listed
95
Avg DOM
948
Avg $ / SqFt
$2,571,875
Avg List Price

Community

Subdivisions in Coral Gables

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Property Summary

    Located in the CORAL GABLES SEC B subdivision, 400 Alcazar Ave Coral Gables FL is a Multi Family for sale in Coral Gables, FL, 33134. It is listed for $1,390,000
400 Alcazar Ave
Coral Gables, FL