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A rare opportunity in Coral Gables: an 11,000 SF lot offered with approved plans for a 2,795 SF renovation, ready for the buyer who wants to skip the design phase and start building. A potential revision for a second floor would bring the home to 4,475 total SF under A/C with 4 bedrooms, 4.5 baths, living, dining, and family rooms, 2 offices, pantry, laundry room, double car garage, and a terrace overlooking the pool. The vision is warm, organic, and filled with light. A foyer with a backlit library wall and sculptural mirrored archway sets the tone. Vaulted ceilings with exposed wood beams and skylights crown the main living areas, while walls of windows frame the lush tropical greenery. A sunken living room flows into the dining area and a kitchen anchored by a natural stone island. A sculptural floating staircase rises through a double-height glass atrium to the second floor, where the primary bath concept features a walk-in glass shower and stone soaking tub set among the treetops. Custom millwork, natural stone, and wide-plank wood floors carry a calm, cohesive palette throughout. Bring your builder and create a one-of-a-kind residence moments from the best of Coral Gables.
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
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 4-bed rentals in Coral Gables, from 14 active listings; the middle half ask $6,900–$15,500.That is what landlords ask, not what units let for — edit it if you know better.
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.
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
Illustration only — not a loan offer, quote, or commitment. We are not a lender and neither offer nor arrange financing. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
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