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Single Family Residence
$980,000$902 / sqft
123 Sarto Ave, Coral Gables FL 33134
Listed
2
Bedrooms
1
Bathrooms
1,086 sqft
Interior
1940
Year built
None
HOA
Single Family Residence
Type
About this home
Updated classic "Old Spanish" home that offers timeless Coral Gables charm in a highly coveted area. Located in a quiet tree lined street, this beautiful 2-bedroom, 1-bathroom 1 car garage property features original hardwood floors, arched doorways, a fireplace, and an inviting front porch with a beamed ceiling and original tile flooring. The home has been updated with impact windows and doors, a tankless-gas water heater, and an EV charger. The renovated open kitchen is equipped with quartz countertops and stainless steel appliances. Additionally, it includes a large utility/laundry room that provides flexible space for a home office. Converted garage used as family room can be easily converted back. Easy access to Miracle Mile, Giralda Plaza, Granada Golf Course, The Biltmore, Shops at Merrick Park, dining, shopping, parks & schools.
Features
- First Floor Entry
- Other
- Garage Converted
- Utility Room/Laundry
- Lighting
- Room For Pool
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
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.