All listings
Active
Active1 / 40
Photo 1 of 40
Single Family Residence
$3,300,000$1,244 / sqft
629 Altara Ave, Coral Gables FL 33146
Listed
4
Bedrooms
3
Bathrooms
2,653 sqft
Interior
1928
Year built
None
HOA
Single Family Residence
Type
About this home
One of just seventeen historic landmark residences inspired by Italian farmhouses, this exceptional gated estate is nestled within Coral Gables’ prestigious Italian Village, one of the city’s most iconic and picturesque enclaves. Designed by renowned architect Robert Weed Law, the home reflects the vision of Coral Gables founder George Merrick and the architectural legacy behind “The City Beautiful.” Its story extends beyond local history: the residence was once owned by former Florida Governor Jeb Bush, son and brother of the 41st and 43rd Presidents of the United States. A distinguished example of Mediterranean Revival architecture, the home makes an immediate impression. Beyond the Chicago brick courtyard, a sun-filled entry welcomes you into interiors that have been thoughtfully updated while preserving the character and charm that make the residence so unique. Open, bright living spaces create effortless everyday living, entertaining, and gathering, with seamless access to a private rear courtyard. A 550 sqft detached one-bedroom, one-bath cottage offers additional flexibility for guests, extended family, a private office, or studio, while the separate garage adds everyday convenience. Significant recent upgrades provide added peace of mind and ease of ownership. Set within one of Coral Gables’ most distinctive historic neighborhoods, this is more than a residence. This rare piece of The City Beautiful’s architectural and cultural history is ready for its next chapter.
Features
- First Floor Entry
- Cottage
- Separate Guest/In-Law Quarters
- Maid/In-Law Quarters
- Recreation Room
- Garden
Location
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 21 active listings; the middle half ask $8,950–$17,950.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.