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Single Family Residence
$2,400,000$890 / sqft
1222 Cortez St, Coral Gables FL 33134
Listed
4
Bedrooms
3
Bathrooms
2,698 sqft
Interior
1926
Year built
None
HOA
Single Family Residence
Type
About this home
Experience timeless elegance in this beautifully reimagined 1926 Spanish residence in the heart of Coral Gables, just half a mile from Granada Golf Course. This exceptional home offers 4 bedrooms, 3 bathrooms, a versatile flex space ideal for a home office, and inviting indoor-outdoor living designed for effortless entertaining. Meticulously renovated with exceptional attention to detail, it seamlessly blends historic character with modern luxury. Extensive upgrades include a new roof, fully renovated kitchen and bathrooms, updated electrical and plumbing, new laundry, impact windows and doors, multiple A/C systems with new ductwork, custom lighting, built-in speakers, and smart-home features. The chef’s kitchen features Bosch appliances, designer quartz countertops, and an expansive built-in bar perfect for entertaining. Beautifully refinished hardwood floors, custom closets, generous garage and shed storage, Chicago brick and coral tile, lush landscaping, a full sprinkler system, and exterior lighting complete the home. The showpiece is the rare, oversized primary suite—a private retreat with a spacious walk-in closet and spa-inspired bath featuring Versace tile, a freestanding soaking tub, rain shower, and dual vanities. A truly distinctive Coral Gables residence offering the character of a historic home with the comfort and sophistication of modern living. Furniture also available. Owner financing available at a below-market rate!
Features
- First Floor Entry
- Den/Library/Office
- Family Room
- Storage
- Utility/Laundry In Garage
- Lighting
- Open Balcony
- Garden
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 4-bed rentals in Coral Gables, from 20 active listings; the middle half ask $8,950–$18,000.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.