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Condominium
$890,000$1,261 / sqft
4220 Laguna St # 308, Coral Gables FL 33146
Listed
1
Bedrooms
1
Bathrooms
706 sqft
Interior
2024
Year built
$1,264 / mo
HOA
Condominium
Type
About this home
INVESTOR OPPORTUNITY! DAILY RENTALS ALLOWED! Self-manage or take advantage of a strong in-house management program for seamless income generation.Fully renovated and designer furnished unit in The Avenue Coral Gables in highly desirable Merrick Park area. A true turnkey, income-producing asset ready from day one. ONLY unit currently available with a private balcony, giving it a major edge for short-term rental demand and higher returns. Modern kitchen with quartz countertops and custom cabinetry, wood-style flooring throughout, spacious bedroom, sleek bathroom, and in-unit washer/dryer. Fully furnished — no setup, no downtime. Prime Coral Gables location just steps from dining, shopping, and entertainment, ensuring strong, consistent rental demand. Perfect for investors, with the flexibility to also enjoy as a personal residence or second home.
Features
- Interior Hall
- Lobby
- Built-in Features
- Closet Cabinetry
- Elevator
- Walk-In Closet(s)
- Other
- Open Balcony
- Other View
Leasing
- Minimum lease
- 1 day
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 1-bed rentals in Coral Gables, from 33 active listings; the middle half ask $2,250–$3,100.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.