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39 Montilla Ave, Coral Gables FL 33134
About this home
Welcome to this dreamy Spanish bungalow in the heart of Coral Gables, ideally located just off Ponce de Leon and within walking distance of the very best the Gables has to offer. Meticulously restored and thoughtfully upgraded by its current owners, this charming residence perfectly blends timeless character with modern convenience. The home features 2 bedrooms plus a versatile third room currently used as a home office, along with 2 beautifully appointed full bathrooms. Every detail has been carefully considered to create an effortless living experience, from the functional layout to the stylish finishes throughout. Hardwood floors throughout entire floorplan are original to the property and have been beautifully restored. Step outside to enjoy a private outdoor oasis complete with patio, outdoor kitchen, and additional storage room—perfect for entertaining or relaxing year-round. The spacious backyard is free of large trees but surrounded by a privacy hedge, offering endless potential for a future pool and possible expansion of the property. NOT ON SEPTIC TANK, side yard has room for boat storage. Situated on a quiet, historic Gables street with ample off-street parking for residents and guests, this home is truly a rare find. A property that must be seen in person to fully appreciate its charm, warmth, and exceptional attention to detail. Please review broker remarks.
Features
- First Floor Entry
- Built-in Features
- Closet Cabinetry
- Storage
- Built-In Grill
- Lighting
- Room For Pool
- Other
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $5,309
- HOA
- None
Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
Schedule a tour
Request a private or video tour with a local agent.
Run the numbers
We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.
Enter rent, 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. 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.