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Single Family Residence
$3,450,000$1,155 / sqft
1229 Asturia Ave, Coral Gables FL 33134
Listed
5
Bedrooms
4
Bathrooms
2,986 sqft
Interior
1926
Year built
None
HOA
Single Family Residence
Type
About this home
This classic 1926 Old Spanish style home is ideally located on one of the most sought-after streets in the Gables. It is distinctive for retaining its original charm and historic integrity while featuring all high-end modern upgrades, such as impact doors & windows, a fully renovated kitchen including a Bertazzoni Induction range, Monogram appliances and more. The light-filled main house has 4 bedrooms and 2 baths upstairs. Downstairs there is a large entrance foyer, living room with fireplace, formal dining room with French doors leading to the garden, family room, powder room, and an eat-in kitchen. Adjacent to the garage is a separate fully renovated guest house (approximately 500 sq.ft.) with living room, bedroom, kitchenette & bathroom. The expansive 9.375 square foot lot can accommodate a pool and is ideal for indoor/outdoor entertaining with social areas opening out onto beautifully landscaped patios. The home is also notable for its pedigree; it’s architect, Robert A. Taylor, also designed many prominent works on Miami Beach such as the Espanola Hotel, the Bath Club and the Cromwell Hotel. Just steps from the Granada Golf Course and close to Salvadore Park and the Biltmore, it is situated amidst a picturesque neighborhood where one can stroll on pink sidewalks shaded by 100-year-old oaks. By preserving the original character and gracious floor plan of an historic Gables house and offering all the modern conveniences, this property offers a truly unique opportunity.
Features
- Entrance Foyer
- French Doors
- Cottage
- Family Room
- Garage Apartment
- Separate Guest/In-Law Quarters
- Maid/In-Law Quarters
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 5-bed rentals in Coral Gables, from 13 active listings; the middle half ask $16,000–$30,000.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.