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Condominium
$229,900$511 / sqft
700 Biltmore Way # 408, Coral Gables FL 33134
Listed
0
Bedrooms
1
Bathrooms
450 sqft
Interior
1963
Year built
None
HOA
Condominium
Type
About this home
Rare opportunity! This David William studio offers a large balcony with new recently installed hurricane accordion shutters, interior plantation shutters and a large walk-in closet and an assigned parking space. Located on the charming residential area on Biltmore way and serviced by the Coral Gables FREEBEE. The building stands as a one of kind with all its history and impeccable elegance. The Unit is tenant occupied. Schedule a private showing.
Features
- First Floor Entry
- Elevator
- Walk-In Closet(s)
- Other
- Open Balcony
- Garden View
Leasing
- Minimum lease
- 180 days
- Leases permitted per year
- 2
- No Daily Rentals
- Ok To Lease
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.
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 studio rentals in Coral Gables, from 7 active listings; the middle half ask $1,650–$1,990.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.