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2
Bedrooms
2
Bathrooms
989 sqft
Interior
2006
Year built
$629 / mo
HOA
Condominium
Type
About this home
Great opportunity for investors at Gables Court, a premier gated complex in an exceptional location. This beautiful 2-bedroom, 2-bathroom split-plan unit features a fully equipped open kitchen, a tiled covered balcony, and and full size in-unit washer and dryer The monthly association fee includes basic cable, internet, one assigned parking space, guest parking and on-site security. Recent improvements include roofs, exterior paint, fitness center, and clubhouse in 2023. Residents enjoy access to a broad set of amenities, including: - Award winning swimming pool and fully equipped fitness center - Billiard room. - Gazebo with BBQ area - Clubhouse with a kids playroom, meeting area, and business center. The property is ideally situated within walking distance of shopping, groceries, and pharmacies. It is located adjacent to Coral Gables and the University of Miami, Nicklaus Hospital, with convenient access to the Palmetto Expressway, Bird Road, and US1. This unit is available for investors only. Current lease must be honored.
Features
- Second Floor Entry
- Pantry
- Split Bedroom
- Walk-In Closet(s)
- West Of Us1
- Barbeque
- Open Balcony
- Other View
Leasing
- Minimum lease
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 2-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $2,300–$5,500.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.