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400 Alcazar Ave, Coral Gables FL 33134

Multi-family For Sale
$1,499,000

BTC: 23.16131026

ETH: 787.85266787

2 days
0 room(s)
2,124 sqft

Overview

Welcome to 400 Alcazar Ave, a turnkey duplex in the heart of The City Beautiful with all major capital improvements complete: 2022 new roof, 2024 new impact windows and doors, and in-unit washer/dryer in both residences. Located in Flood Zone X (no flood insurance required) on a quiet residential street within top-rated school districts. Each 2-bedroom, 1-bath unit offers classic architectural charm across two stories. The ground-floor residence features a large private terrace and is delivered vacant—ideal to move in and let the upper unit offset your mortgage, or lease immediately in an ultra-high-demand rental market where the lower unit recently secured multiple applications within 24 hours. Outside, enjoy a spacious backyard and rare off-street parking for up to 6 vehicles. Unmatched lifestyle and location: Stroll to Miracle Mile and Giralda Plaza’s dining and shopping, or tee off at historic Granada Golf Course. Offering rare possession flexibility, prime location, and pristine condition, 400 Alcazar is an exceptional opportunity for owner-occupants and investors alike.

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1937
Lot:
No Data
Heating:
Window/Wall
Price/sqft:
$706
Cooling:
Wall/Window Unit(s)
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$775,000
$495K – $1.4M
Confidence Low
List vs. estimate
$724K above estimate
List $1,499,000 · +93.4%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$705
-33.7% vs. city median $1,064
Based on
19 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $695K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$11,418
2025
All facts and features
  • Flooring

    • Wood

    Heating

    • Window/Wall

    Cooling

    • Wall/Window Unit(s)

  • Other Property Information

    • Parcel Number: 03-41-08-001-0790

    • Zoning: 5900

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Other financial information

    • Annual tax amount: $11,418

  • Source details

    • MLS ID: A12066032

    Other facts

    • Construction Materials: CBS Construction

    • Lot Features: Less Than 1/4 Acre Lot

    • Architectural Style: Detached

    • Living Area: 2124

    • Subdivision Name: CORAL GABLES SEC B

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Keller Williams Capital Realty