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1209 La Mancha Ave, Coral Gables FL 33134
About this home
Rare opportunity to own a fully updated historic home with modern systems already in place. This Old Spanish home combines ageless architecture, flexible living space, and extensive upgrades. Nestled on a picturesque tree-lined street in the sought-after Granada neighborhood, this move-in-ready home offers the perfect blend of historic character and peace of mind. Original architectural details include a gorgeous stone working fireplace, classic barrel tile roof, arched entryways, hardwood floors all with an elegant Mediterranean-inspired design. The main residence features 3 bed rooms, 2 baths, a renovated kitchen, with a bright, functional floor plan filled with natural light. Extensive capital improvements include a NEW roof (2026), PGT hurricane impact windows and doors, Carrier HVAC system, updated electrical, new plumbing including copper water line from the street, water heater, newer septic tank, sprinkler system, and custom window treatments. Not designated "Historical" making it easy to customize this home to your needs. Plus, it offers a detached air-conditioned Casita, which adds approximately 200 sqft of flexible space, ideal for a home office, guest suite, fitness studio, or a creative workspace. Add a bathroom there and you'll have a detached living space great for guests or in-laws quarters. Located just minutes from Granada Golf Course, Miracle Mile, downtown Coral Gables, top-rated schools, dining, shopping, parks, and major commuter routes.
Features
- First Floor Entry
- Cottage
- Den/Library/Office
- Family Room
- Other
- Garden
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $8,085
- HOA
- None
Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
Schedule a tour
Request a private or video tour with a local agent.
Run the numbers
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Enter rent, 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. 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.