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Listed
Your “home in the sky” in the exclusive, guard-gated community of Deering Bay. Perfectly positioned in the coveted Milano Building 02 line, this residence showcases views of the city skyline, golf course and resort-style pool. This light-filled, impeccably maintained home offers three spacious ensuite bedrooms plus a guest bath, elegant marble floors in the main living areas and carpeting in the bedrooms, a private elevator entry foyer and soaring 10-foot ceilings that enhance the sense of space and luxury. The beautifully appointed granite kitchen with center island and Thermador appliances flows seamlessly into expansive living and dining areas, ideal for both everyday living and sophisticated entertaining. Recent upgrades include new hurricane IMPACT DOORS (2024) and impact windows, providing both style and peace of mind. Milano Deering Bay, delivers a refined lifestyle with a gracious lobby, social room, resort-style pool and BBQ area, fitness center and hotel-style guest suite. Two assigned parking spaces (#34 & #35), golf cart space (#10) and storage unit (#25) included. Boat slip available separately; owner will assist. Quarterly fees: Milano $8,589.91 and Master Association $781.19. Assessment information available upon request.
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 3-bed rentals in Coral Gables, from 10 active listings; the middle half ask $4,800–$12,000.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.
Leasing terms as stated in the MLS listing, not verified by us. The association’s governing documents control what is actually permitted and can change — confirm before you buy.
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
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.
Request a private or video tour with a local agent.