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Listed
An exceptional opportunity on an oversized 21,230 SF lot in Coral Gables’ highly sought-after Platinum Triangle. Set on a quiet, tree-lined street, 7811 Altamira offers a rare combination of location, land and a substantial existing home with incredible potential to add value over time. The sprawling one-story residence offers generous living spaces, including formal living and dining rooms, a large family room, sitting room, breakfast area and media/billiard room. The home has wonderful character throughout, with original hardwood floors, custom millwork and cabinetry, a fireplace and spaces designed for both everyday living and entertaining. The kitchen features custom cabinetry and a Wolf gas range, while impact windows provide added peace of mind. Outdoors, the expansive and private backyard is surrounded by lush mature landscaping and features a pool and spa, creating a true tropical retreat. A unique opportunity to move in and enjoy the home as it is, renovate and personalize over time, or reimagine the property to take full advantage of the exceptional lot and premier Coral Gables location.
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 14 active listings; the middle half ask $16,000–$30,000.That is what landlords ask, not what units let for — edit it if you know better.
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.
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.
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
Illustration only — not a loan offer, quote, or commitment. We are not a lender and neither offer nor arrange financing. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
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