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Condominium
$299,000$334 / sqft
1205 Mariposa Ave # 403, Coral Gables FL 33146
Listed
1
Bedrooms
2
Bathrooms
896 sqft
Interior
1970
Year built
$804 / mo
HOA
Condominium
Type
About this home
SPARKLING Coral Gables Penthouse. Perfectly appointed and immaculate, this 1 bed, 1.5 bath top floor gem is ideally located just minutes from The University of Miami. The walkability is wonderful, just a short stroll to fantastic shopping and dining with Wild Fork and Starbucks around the corner and Miracle Mile, Merrick Park and all the conveniences of US1 only minutes away. The unit is turnkey, sporting gleaming tile and laminate floors, impact windows and doors throughout, an oversized balcony looking out over mature Coral Gables oak trees, a spacious walk-in closet and an extra half bath for guests. The building is equally fabulous, featuring a sprawling pool deck, fitness center, bicycle room, assigned parking and a secured entry. This property is a cut above, call today, will go fast.
Features
- Lobby
- Built-in Features
- Closet Cabinetry
- Walk-In Closet(s)
- Courtyard
- Open Balcony
- Garden View
Leasing
- Minimum lease
- 180 days
- Leases permitted per year
- 2
- Ok To Lease
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 27 active listings; the middle half ask $2,250–$3,050.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.