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Listed
Rarely available corner residence at Douglas Place, a boutique 38-unit condominium ideally located on the edge of Coral Gables. This bright 1-bedroom, 1-bath home offers approximately 700 SF with an open living and dining area, eat-in kitchen with newer appliances, spacious bedroom, walk-in closet, and abundant natural light. The unit also features a convenient stackable washer and dryer. From the moment you enter, the residence has a warm, welcoming feel and a true sense of home. Enjoy city, garden, and neighborhood views from this inviting second-floor residence. One assigned covered parking space is included. Douglas Place offers secured entry, two elevators, a business center/conference room, a fitness room, a swimming pool, intercom access, and limited visitor parking. Conveniently located directly across from Coral Gables Hospital and just minutes from Miracle Mile, dining, shopping, entertainment, and major roadways. Great opportunity for investors. Investor-friendly building with leasing permitted, subject to condominium rules and approval.
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 32 active listings; the middle half ask $2,250–$4,000.That is what landlords ask, not what units let for — edit it if you know better.
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.
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.
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
Illustration only — not a loan offer, quote, or commitment. We are not a lender and neither offer nor arrange financing. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
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