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Condominium
$410,000$516 / sqft
2650 SW 37th Ave # 406, Miami FL 33133
Listed
1
Bedrooms
1
Bathrooms
795 sqft
Interior
2007
Year built
$693 / mo
HOA
Condominium
Type
About this home
Strong reserves! This beautiful 1 bedroom, 1 bathroom condo offers modern comfort in a cozy, prime Coral Gables location. Fully renovated throughout, it features custom cabinetry and high end finishes. Marble flooring runs through the main living areas, with laminate in the bedroom and porcelain tile in the renovated bathroom. The kitchen includes brand new LG appliances (washer, dryer, dishwasher, stove) installed in November 2025. The washer, dryer, and oven are covered by a 2 year warranty through November 2027. A/C was replaced in 2024 for added efficiency and peace of mind. The unit also includes an assigned tandem parking space accommodating two vehicles, a rare and valuable convenience. Located in a highly walkable area just minutes from Miracle Mile and The Plaza, surrounded by restaurants, bars, shops, and entertainment. A true turnkey opportunity in one of Miami’s most desirable neighborhoods.
Features
- First Floor Entry
- None
- Other View
Leasing
- Minimum lease
- 180 days
- Leases permitted per year
- 2
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
Approximate — shows the building, not the unit. Open in maps
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 1-bed rentals in Coconut Grove, from 26 active listings; the middle half ask $2,300–$4,000.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.