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Single Family Residence
$1,300,000$807 / sqft
122 Camilo Ave, Coral Gables FL 33134
Listed
3
Bedrooms
2
Bathrooms
1,610 sqft
Interior
1949
Year built
None
HOA
Single Family Residence
Type
About this home
122 Camilo Ave is offered as a full renovation and addition project in the heart of Coral Gables. Plans are currently in review with the City of Coral Gables to fully renovate the existing residence and build a new addition, bringing the finished home to approximately 1,920 sq ft of living area with 3 bedrooms, 2 baths, a reconverted 1-car garage, new roof, and new pool. The property is sold as-is in its current condition, with the buyer taking over the in-process plans and approvals. Ideal for a buyer or investor ready to step into a project already in motion rather than starting from scratch. Coral Gables' strict architectural standards make in-process plans a real head start, and a fully renovated, expanded home in this walkable, established location is a rare opportunity in a submarket where character lots like this rarely trade. Proposed floor plan attached; full plan set available upon request. Renderings are conceptual. Development is subject to applicable approvals and permits.
Features
- First Floor Entry
- Utility Room/Laundry
- Room For Pool
- Garden
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
$6,574
Loan payment and HOA only. Property tax and insurance are significant here and are included.
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 3-bed rentals in Coral Gables, from 27 active listings; the middle half ask $6,500–$8,700.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.