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Condominium
$1,270,000
4220 Laguna St # 505, Coral Gables FL 33146
Listed
2
Bedrooms
2
Bathrooms
— sqft
Interior
2025
Year built
$1,652 / mo
HOA
Condominium
Type
About this home
$110,000 PRICE REDUCTION — NOW $1,270,000! Priced for a quick sale. Rare opportunity to own a fully furnished 2-bedroom residence at The Avenue, a boutique luxury condominium in the heart of Coral Gables. This 2-bedroom, 1.5-bath residence features refined designer finishes, a modern gourmet kitchen, and a functional layout that works equally well for an end user or investor. The property is approved for short-term rentals, offering flexibility and income potential in one of Miami’s most desirable markets. Residents enjoy resort-style amenities including a rooftop pool with cabanas and BBQ areas, concierge services, and valet parking. Located just steps from The Shops at Merrick Park, fine dining, shopping, and everyday conveniences, with easy access to Coral Gables, Coconut Grove, and the greater Miami area. The new $1,270,000 price creates an exceptional opportunity for buyers looking for a luxury residence with rental flexibility in a prime location. Note: The property does not yet have a folio number. Schedule your private showing today.
Features
- Lobby
- First Floor Entry
- Closet Cabinetry
- Cooking Island
- Fire Sprinklers
- Other
- Barbeque
- Open Balcony
- Other View
- None
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 35 active listings; the middle half ask $3,000–$4,500.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.