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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Coral Gables at 700 Biltmore Way APT 506, Coral Gables, FL, 33134 listed at $365,000 pairs $2,390/mo rent with a $1,786/mo payment. Total monthly income runs $2,390/mo. Return on cash invested measures 11.02% in year one, and rental yield registers 7.86% at a $365,000 basis. Equity gained on principal adds $2,355/yr, and annual property appreciation at 5% supports $100,843 by year five. Five-year ROI tracks 58.88% and total cumulative return in cash totals $71,239. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,390/mo property income relative to a $1,786/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1963
N/A lot
$N/A/sqft
$783 monthly HOA
Neighborhood data shown for ZIP Code: 33134, Miami, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,141 (100%) |
| Owner Occupied HU | 8,959 (49.4%) |
| Renter Occupied HU | 7,691 (42.4%) |
| Vacant Housing Units | 1,491 ( 8.2%) |
| Median Home Value | $749,035 |
| Average Home Value | $892,563 |
Residential
17,137
Single Family
9,559
Multi-Family
7,578
Businesses
3,040
Date | Event | Price |
|---|---|---|
| 2024-12-05 | Price change | $365,000 |
| 2024-10-31 | Listed for rent | $3,000 |
| 2024-09-17 | Listed for sale | $380,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-12-26 | $4225.07 | 10.32% | $218,163 | 10.00% |
| 2022-12-26 | $3829.73 | 10.61% | $198,330 | 10.00% |
| 2021-12-26 | $3462.45 | 7.56% | $180,300 | 8.02% |
Listed by: Marcela Tellini • Fortune Christie's International Real Estate
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11660903
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
