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Single Family Residence
$8,998,000$1,658 / sqft
1261 N Greenway Dr, Coral Gables FL 33134
Listed
5
Bedrooms
6
Bathrooms
5,427 sqft
Interior
1936
Year built
None
HOA
Single Family Residence
Type
About this home
Introducing The Greenway Moderne. Historic pedigree, Art Deco distinction, and sophisticated modern infrastructure converge in this exceptional residence on one of Coral Gables’ most prestigious boulevards, North Greenway Drive. Masterfully updated, the home preserves its timeless character through original details including the curved staircase, crystal chandelier, geometric Deco influences, and elegant proportions, while introducing refined modern comforts throughout. Highlights include a fully integrated smart-home system, surround sound, security system, whole-home generator with an 800-gallon propane tank, steam room, sauna with infrared panels, new roof, impact windows, and a custom-designed Mosaicist pool. A rare balance of architectural heritage and contemporary luxury, thoughtfully reimagined for modern living. Life on North Greenway Drive is defined by quiet mornings, lush surroundings, and elegant homes. It’s a setting that captures what makes life in Coral Gables so special—elegant, established, and effortlessly connected.
Features
- First Floor Entry
- Closet Cabinetry
- Cooking Island
- Exclusions
- Other
- Pantry
- Walk-In Closet(s)
- Den/Library/Office
- Sauna
- Lighting
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 5-bed rentals in Coral Gables, from 12 active listings; the middle half ask $16,000–$33,000.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.