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Listed
Rare opportunity to own a piece of Coral Gables history in one of the City’s most distinguished settings. Built in 1923, this historic residence is positioned on prestigious N Greenway Drive overlooking the Granada Golf Course and occupies an exceptional 16,600 SF corner lot. Cherished by the same family for many years, the 3BR/2BA main residence features a welcoming front porch with original tile and peaceful golf-course views. A tranquil koi pond adds to the serene setting. The property offers approx. 3,228 SF across main residence, detached cottage and garage, including 2,388 SF main residence, 504 SF cottage apartment and 336 SF detached 2-car garage. The 1BR/1BA cottage includes a full kitchen and is ideal for guests, extended family, an in-law suite or private home office. Major improvements include a NEW main-house roof in 2026, new AC in 2023, NEW cottage/garage roof in 2024, updated electrical and much of the plumbing, impact windows and a propane generator backup system. The interiors reflect updates made over the years and a dated aesthetic, offering an opportunity for thoughtful renovation and modernization. The 1923 architecture, generous lot, golf-course setting and original details provide an exceptional foundation for creating a distinctive Coral Gables home while respecting its historic character. A rare opportunity for a buyer seeking land, history, privacy and the vision to create a truly special residence in one of Coral Gables’ most sought-after settings.
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 14 active listings; the middle half ask $6,900–$15,500.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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