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Single Family Residence
$6,950,000$1,404 / sqft
1259 Alhambra Cir, Coral Gables FL 33134
Listed
6
Bedrooms
7
Bathrooms
4,951 sqft
Interior
2026
Year built
None
HOA
Single Family Residence
Type
About this home
Experience timeless elegance in this newly reimagined Tropical Colonial Estate on the distinguished Alhambra Circle. Originally built in 1951, this historically designated home has been completely rebuilt and expanded in 2026, with every detail thoughtfully curated. The main residence features 4 en-suite bedrooms and a powder bath, with an exceptional floor plan, natural light, and warm honey-toned oak floors throughout. At the center of the home is a kitchen to dream about, with high ceilings, an oversized island, leathered Taj Mahal quartzite, a Wolf range, and top-of-the-line appliances. Just off the kitchen, a spacious family room overlooks the sparkling pool and opens to the covered patio, ideal for breezy afternoons and celebrations. Pristine, newly redesigned landscaping surrounds the home. Beside the dining room, a warm sitting room with custom cabinetry is a welcoming spot to gather and unwind, and a custom bar tucked behind the original fireplace adds convenience and style. The private first-floor primary suite is a serene retreat with high ceilings, abundant natural light, views of the pool and gardens, a generous closet, and a bath of understated luxury. A covered walkway connects the home to a two-story guest house with 2 en-suite bedrooms or flexible space, plus an air-conditioned two-car garage. Rebuilt without compromise, a rare chance to own a home that is new in every way that matters and timeless in every way that counts.
Features
- First Floor Entry
- Bar
- Built-in Features
- Closet Cabinetry
- Cooking Island
- Entrance Foyer
- Pantry
- Vaulted Ceiling(s)
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 6-bed rentals in Coral Gables, from 6 active listings; the middle half ask $28,000–$49,900.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.