Priced at $615/sqft, this listing is 16% above the comparable average of $530/sqft. It is listed 17% above the median comp close price of $924,000.
Prime Income Property – Investor Opportunity | Coral Gables Area Excellent income-producing investment in the
Coral Gables area. This fully rented, stabilized property features 5 bedrooms and 4 bathrooms, delivering
immediate cash flow in a high-demand rental market. The property consists of a renovated main house (3 Bed / 2
Bath) rented at $3,650/month, plus two independent efficiencies, each rented at $1,700/month, both with private
entrances and in-unit laundry. Total Monthly Income: $7,050 | Annual Income: $84,600 The main residence has
been fully renovated with modern finishes, new flooring, updated electrical and plumbing, new roof, and impact
windows and doors. The efficiencies are well laid out, low maintenance, and highly desirable for tenants. Situated
on a corner lot with ample parking, boat space, storage, and hookups for an additional laundry. The backyard
offers space for a pool, and pool construction plans are included, providing a value-add opportunity to increase
future rents and overall asset value. No HOA. Strong rental demand. Long-term appreciation potential. Ideal for
investors seeking a turnkey, cash-flowing asset with upside. AS-IS sale with right to inspect. Tenants in place — do
not disturb.
Source: County GIS attendance zone boundaries. Assignments are based on property location and may change. Use Miami-Dade County Public Schools's official locator to confirm.
10 closed sales · 1-mile radius · last 12 months · Miami
Comp data from Miami MLS. Estimate is automated and does not account for condition, upgrades, or lot features. For a full CMA, contact Dayron Crespo, Broker.
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