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Single Family Residence at 1215 Madrid St, Coral Gables FL 33134Active
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Single Family Residence
$1,499,000$792 / sqft

1215 Madrid St, Coral Gables FL 33134

3
Bedrooms
3
Bathrooms
1,892 sqft
Interior
1925
Year built
None
HOA
Single Family Residence
Type

About this home

Stylishly remodeled 3-bed/3-bath Old Spanish style home, offering the perfect blend of modern comfort and timeless charm, located in highly desirable North Gables. Original Dade County pine details, and rich red oak flooring preserve the home’s classic character while each space feels thoughtfully and beautifully updated. Situated on a private corner lot, the 2-bed/2-bath main residence features an all-new primary bedroom suite, with walk-in closet, a dual vanity and extra large shower. Both bathrooms are spacious and well-lit with beautiful finishes. A stunning, bright, all-new kitchen with quartz countertops, marble flooring, custom cabinetry, KitchenAid appliances, and induction stovetop welcomes cooks of any skill. Smart storage throughout the home provides convenience. The true added value of this property is the spacious 1-bed/1-bath apartment with living area, kitchenette, and laundry, providing exceptional flexibility for guests, extended stays, rental income, or additional living space. A rare, finished 2-car garage with epoxy floor and new mini-split A/C, new washer and dryer, magical landscape lighting for pleasant evenings, and sprinkler system complete this move-in ready property. Blocks from the Granada Golf Course, Venetian Pool, tennis courts, neighborhood playgrounds, dog parks, and downtown Coral Gables, this home offers a perfect peaceful oasis in the midst of the City Beautiful.

Features

  • Entrance Foyer
  • Other
  • Garage Apartment
  • Fruit Trees
  • Garden

Location

Approximate — shows the building, not the unit. Open in maps (opens in a new tab)

Estimated loan & HOA

$7,580

Loan payment and HOA only. Property tax and insurance are significant here and are not included.

Principal & interest
$7,580
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.

Courtesy of
Lowell International Rlty LLC

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.

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 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.