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Waterfront · Single Family Residence
$9,490,000$2,765 / sqft
9979 Fairchild Way, Coral Gables FL 33156
Listed
4
Bedrooms
3
Bathrooms
3,432 sqft
Interior
1980
Year built
$303 / mo
HOA
Single Family Residence
Type
About this home
1.75 Acre Coral Gables home in gated community with deeded access the community's marina that features ocean access to Biscayne Bay. This gorgeous property in Snapper Creek Lakes, backs directly to Matheson Hammock Park, offering exceptional privacy with no rear neighbors. Located outside the flood zone. The existing residence offers high ceilings, a functional floor plan, and the opportunity for renovation or expansion. Alternatively, the site provides an exceptional setting for a new custom estate, with ample space for a detached guest house, resort-style pool and landscaped grounds. Update and add value. Snapper Creek Lakes remains one of Coral Gables’ most established luxury gated communities. The location is within minutes of Fairchild Tropical Botanic Garden, leading private schools, shopping, dining and major transportation corridors. Whether renovating the existing home or creating a new estate, this is an exceptional opportunity to acquire one of the community’s largest homesites with privacy, marina privileges and deeded ocean access.
Features
- First Floor Entry
- Vaulted Ceiling(s)
- Family Room
- Room For Pool
- Garden
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 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.
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.