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Condominium
$345,000$531 / sqft
820 Salzedo St # 405, Coral Gables FL 33134
Listed
2
Bedrooms
1
Bathrooms
650 sqft
Interior
1968
Year built
$400 / mo
HOA
Condominium
Type
About this home
Welcome to your Coral Gables retreat. This unique renovated condo sits in a peaceful building and offers a bright interior with breakfast bar and Impact windows. The updated bath and move-in-ready condition make settling in effortless. Step outside and enjoy the community pool everything that makes Coral Gables special from charming shops and cafés to the convenient free trolley that connects you to the best of the city. INVESTORS ARE WELCOME
Features
- Bar
- Other
- None
Leasing
- Minimum lease
- 360 days
- No Daily Rentals
Leasing terms as stated in the MLS listing, not verified by us. The association’s governing documents control what is actually permitted and can change — confirm before you buy.
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
$2,145
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 2-bed rentals in Coral Gables, from 33 active listings; the middle half ask $2,675–$4,700.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.