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Single Family Residence
$1,999,999$438 / sqft
8215 Grand Canal Dr, Miami FL 33144
Listed
4
Bedrooms
5
Bathrooms
4,567 sqft
Interior
1987
Year built
None
HOA
Single Family Residence
Type
About this home
The thoughtfully designed floor plan offers exceptional flexibility for work and everyday living, including a private office, formal dining area, open TV/media lounge, and two separate family sitting areas — ideal for multigenerational living or simply spreading out in comfort. Step outside to a private resort-style courtyard with covered loggias, ceiling fans, and multiple arched openings framing a sparkling pool and spa, surrounded by turf lawn and tropical landscaping — an entertainer’s dream year-round. A 1-car garage completes this move-in-ready estate. Located in the heart of one of Miami’s classic residential communities, close to Coral Gables, top schools, and major highways. A rare opportunity to own a fully renovated Mediterranean estate — schedule your private showing today.
Features
- First Floor Entry
- Bar
- Closet Cabinetry
- Cooking Island
- French Doors
- Laundry Tub
- Pantry
- Pull Down Stairs
- Skylight
- Vaulted Ceiling(s)
- Walk-In Closet(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 4-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $3,800–$9,500.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.