Skip main navigation
For sale by owner
    • $1,799,000

    400 Alcazar Ave, Coral Gables, FL 33134

    4beds
    2,150sqft
    : 
    $12,386/mo
    Get pre-qualified
    MultiFamily
    Built in 1937
    -- sqft lot
    $-- Zestimate®
    $837/sqft
    $-- HOA

    What's special

    Lush tree-lined streets
    Welcome to 400 Alcazar Ave, a 2-story duplex featuring 2 bedrooms and 1 bath in each unit, located in the heart of Coral Gables. The unparalleled location of this property sets the tone for a unique investment opportunity in one of South Florida's most highly sought-after neighborhoods. Known as "The City Beautiful," Coral Gables is celebrated for its lush, tree-lined streets and vibrant community atmosphere. This property places you right in the center of it all, providing effortless access to the high-end dining, boutique shopping, and cultural destinations that make the city such an attractive place to live and very easy to rent. This multi-family duplex presents a versatile option for those looking to expand their real estate portfolio in a thriving market. Recent Capital Improvements: Newer roof (only 3 years old) Impact-resistant windows and doors (newly installed in 2025) Whether you are looking to rent both units for maximum return or reside in one while leasing the other, 400 Alcazar Ave is a highly promising choice for anyone seeking a premier property in this dynamic city.
    What the owner loves about this home
    Rents extremely fast Rents can fetch $3,500-$3,700/unit The neighborhood is very good. Affluent community and neighborhood New impact windows and doors New roof Low maintenance Parking for 4 cars In-unit washers and dryers Walk to the golf course, community center, schools, restaurants, work, etc.
    14 days
    |
    430
    |
    28
    |
    Listed by:

    Property Owner (305) 609-9540

    This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Heat pump, Electric
      Cooling
      • Wall
      Appliances
      • Included: Dishwasher, Dryer, Freezer, Microwave, Range / Oven, Refrigerator, Washer
      • Laundry: In Unit
      Features
      • Flooring: Hardwood
      • Basement: None
      Interior area
      • Total interior livable area: 2,150 sqft

      Property

      Parking
      • Total spaces: 4
      Features
      • Exterior features: Stucco
      • Has view: Yes
      • View description: City
      Lot
      • Size: 6,795 Square Feet
      Details
      • Parcel number: 0341080010790

      Construction

      Type & style
      • Home type: MultiFamily
      Materials
      • concrete
      • Roof: Other
      Condition
      • New construction: No
      • Year built: 1937

      Community & HOA

      Location
      • Region: Coral Gables

      Financial & listing details

      • Price per square foot: $837/sqft
      • Tax assessed value: $734,369
      • Annual tax amount: $11,533
      • Date on market: 7/15/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $3,560/mo

        Price history

        DateEventPrice
        7/15/2026Listed for sale$1,799,000+199.8%$837/sqft
        Source: Owner Report a problem
        11/14/2018Listing removed$1,950$1/sqft
        Source: Zillow Rental Manager Report a problem
        11/2/2018Listed for rent$1,950$1/sqft
        Source: Zillow Rental Manager Report a problem
        7/30/2018Sold$600,000-11.6%$279/sqft
        Source: Public Record Report a problem
        4/16/2018Price change$679,000-2.9%$316/sqft
        Source: EWM Miami Beach #A10424449 Report a problem
        2/27/2018Listed for sale$699,000$325/sqft
        Source: EWM Miami Beach #A10424449 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$11,533 +13.2%$564,577 +10%
        2024$10,187 +9.5%$513,252 +10%
        2023$9,304 +12.2%$466,593 +10%
        2022$8,295 +12.2%$424,176 +10%
        2021$7,396 -0.3%$385,615 0%
        2020$7,416 -0.3%$385,634 0%
        2019$7,435 +2.3%$385,654 0%
        2018$7,265 $385,674 +3.4%
        2017$7,265 +2%$372,985 +9.7%
        2016$7,120 +5.6%$339,856 +0.1%
        2015$6,744 -5.8%$339,401 -3.9%
        2014$7,159 +2.6%$353,043 +7%
        2013$6,976 $329,857 -5.1%
        2012$6,976 -1.6%$347,409 0%
        2011$7,088 -4.6%$347,421 +2.6%
        2010$7,429 -0.9%$338,724 -7.2%
        2009$7,499 -17.9%$364,834 -22%
        2007$9,129 +19.6%$467,514
        2006$7,636 --
        2005$7,636 +8.4%--
        2004$7,042 +42.9%--
        2003$4,927 +34.7%--
        2002$3,659 --
        2001$3,659 --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.
        Get pre-qualified

        Climate risks

        Neighborhood: 33134

        Getting around

        96 / 100
        Walker's Paradise
        40 / 100
        Some Transit
        57 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts

        Similar homes

            Nearby cities

            Nearby neighborhoods

            Nearby zip codes

            Other Coral Gables Topics

              Search
              Updates
              Favorites
              Plan
              Inbox