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Hidden gem in desirable Coral Villas! This turnkey property features a gated main residence with two bedrooms and two bathrooms, plus a versatile additional room currently used as bedroom number three, creating the functionality of a 3-bedroom, 2-bath home. This multi-home property offers approximately 1,057 sq. ft. of living space in the main home. A separate charming 1-bedroom, 1-bath 504 sq. ft. cottage offers additional flexibility and income-producing potential. The private cottage features its own entrance, spacious kitchenette area, washer/dryer, generous storage, and dedicated front and backyard areas; ideal for rental income, extended family, or guests. Situated on a 7,500 sq. ft. lot, the property also offers a spacious fenced backyard with plenty of room for a pool. Mature mango and avocado trees, partial impact windows, and an automatic gated entrance add to the home’s privacy and appeal. Located just minutes from Coral Gables, Miracle Mile, the University of Miami, and Nicklaus Children’s Hospital. A move-in-ready opportunity offering privacy, flexibility, and valuable income-producing potential. Don't miss this unique opportunity! *Per 2025 appraisal, main residence reflects 1,057 sq. ft. and 504 sq. ft. for back cottage. Buyer to verify.
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 3-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $3,200–$5,000.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.
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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