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Condominium
$565,999$419 / sqft
888 S Douglas Rd # 304, Coral Gables FL 33134
Listed
3
Bedrooms
2
Bathrooms
1,351 sqft
Interior
2007
Year built
$1,762 / mo
HOA
Condominium
Type
About this home
LOWEST-PRICED UNIT IN THE BUILDING! ALL SPECIAL ASSESSMENTS PAID IN FULL! HOA RECENTLY VOTED TO REDUCE MONTHLY FEES BY $166! Spacious, light-filled 3-bedroom, 2-bathroom residence offering 1,351 SF in the heart of Coral Gables! This beautifully upgraded condo features a brand-new high-efficiency A/C system equipped with UV light technology to help control microbial growth, new kitchen appliances, an induction cooktop, a new full-size washer and dryer in a dedicated laundry room, and remote-controlled blackout roller shades in the bedrooms. The spacious primary suite features a separate shower and relaxing hydrotherapy soaking tub. Enjoy your private balcony overlooking the charming Spanish-style fountain. EXCEPTIONAL PARKING CONVENIENCE! Two side-by-side garage parking spaces located on the SAME FLOOR as the residence—no elevator needed! Tucked into their own corner, the spaces offer a private-garage feel without being enclosed. EV charger installation may be permitted with association and city approvals. MAJOR BUYER BENEFITS: All existing special assessments have been paid in full by the seller, and the association has recently voted to reduce monthly HOA fees by $166! Ideally located minutes from Miracle Mile, dining, shopping, and entertainment. An exceptional opportunity to own a spacious, upgraded 3-bedroom residence in Coral Gables!
Features
- Built-in Features
- Closet Cabinetry
- Pantry
- Walk-In Closet(s)
- Open Balcony
- Garden View
Leasing
- Minimum lease
- 365 days
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 3-bed rentals in Coral Gables, from 11 active listings; the middle half ask $4,800–$16,000.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.