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Single Family Residence
$1,100,000$846 / sqft
1256 Algeria Ave, Coral Gables FL 33134
Listed
2
Bedrooms
2
Bathrooms
1,300 sqft
Interior
1925
Year built
None
HOA
Single Family Residence
Type
About this home
Nestled in the heart of Coral Gables, this enchanting single-family residence captures the timeless elegance of classic Old Spanish architecture, beautifully paired with today’s modern comforts. Built in 1925, this 1,622-sq-ft home offers 2 bedrooms and 2 bathrooms, filled with character, charm, and inviting living spaces that feel instantly like home. Set on a 5,000-sq-ft lot, the property provides ample outdoor space—perfect for entertaining, relaxing, or expanding to suit your vision. Ideally located just steps from the iconic Miracle Mile, you’ll enjoy world-class dining, boutique shopping, and cultural attractions right outside your door. Zoned for highly sought-after schools, including Coral Gables Prep and Coral Gables Senior High, this home is as practical as it is charming. Whether you’re captivated by the rich history of Coral Gables or excited by the opportunity to personalize a true architectural gem, this is a rare chance to own a piece of one of South Florida’s most prestigious neighborhoods. A timeless classic in an unbeatable location. Firm price
Features
- First Floor Entry
- Entrance Foyer
- Den/Library/Office
- Recreation Room
- Utility/Laundry In Garage
- None
Location
Approximate — shows the building, not the unit. Open in maps
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 in Coral Gables, from 6 active listings; the middle half ask $5,995–$6,500.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.