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Single Family Residence
$3,350,000$1,176 / sqft
145 S Prospect Dr, Coral Gables FL 33133
Listed
4
Bedrooms
3
Bathrooms
2,848 sqft
Interior
1963
Year built
None
HOA
Single Family Residence
Type
About this home
OVER $300,000 IN RENOVATIONS + EXCEPTIONAL VALUE IN CORAL GABLES! CORNER LOT! Offering one of the most compelling price-per-square-foot opportunities in the area, this fully updated 4BD/3BA residence sits on an expansive 11,500 SF corner lot along a quiet, tree-lined street. Features include a circular driveway, 2-car garage, screened pool and mature landscaping. Located near Sunrise Harbor, this redesigned open-concept interior showcases porcelain flooring, trimless recessed lighting, custom cabinetry, porcelain countertops, stainless-steel appliances, built-ins and a dedicated pantry/laundry area. Extensive improvements include PVC plumbing, updated electrical, impact windows & doors, newer roof, updated HVAC, two A/C systems and fresh interior/exterior finishes. No need to worry about septic, as the property is on city water and sewer. Smart-home features include Lutron, Nest, Ring, Sonos, app-controlled lighting and EV charging connection. Three bedrooms offer walk-in closets, while two cabana-style baths provide pool access. Minutes from Coconut Grove, South Miami, Old Cutler Rd, CocoWalk and highly rated schools. Turnkey, private and an exceptional Coral Gables value!
Features
- First Floor Entry
- Built-in Features
- Closet Cabinetry
- Other
- Pantry
- Walk-In Closet(s)
- Utility Room/Laundry
- Lighting
Location
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 4-bed rentals in Coral Gables, from 21 active listings; the middle half ask $11,000–$18,000.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.