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Condominium
$1,895,000$647 / sqft
120 Salamanca Ave PH, Coral Gables FL 33134
Listed
3
Bedrooms
3
Bathrooms
2,930 sqft
Interior
2023
Year built
$1,578 / mo
HOA
Condominium
Type
About this home
A generous ~3,000 SF, 3 bedroom PLUS Den, 3-bath unit with interior contemporary finishes, light-filled open layouts, and seamless indoor-outdoor living with multiple private balconies. Hurricane-impact windows and doors, laundry room, wet bar, eat-in gourmet kitchen along with well-considered design details, provide both comfort and peace of mind. Luxury boutique-living in the heart of Coral Gables. The Villas at Salamanca, a thoughtfully designed residence offers an exceptional lifestyle just moments from acclaimed restaurants, cafés, retail, and cultural energy of Miracle Mile. This intimate seven-unit building delivers a rare sense of privacy and exclusivity, with each residence designed to feel both refined and inviting. Residents enjoy access to a beautifully appointed rooftop garden and entertainment space, offering a serene setting to relax or gather—all within one of Coral Gables’ most desirable and walkable locations.
Features
- Elevator
- Walk-In Closet(s)
- Wet Bar
- Den/Library/Office
- Family Room
- Utility Room/Laundry
- Other
- Skyline
Leasing
- Minimum lease
- 365 days
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 3-bed rentals in Coral Gables, from 11 active listings; the middle half ask $4,800–$16,000.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.