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Condominium
$486,000$450 / sqft
888 S Douglas Rd # 602, Coral Gables FL 33134
Listed
2
Bedrooms
2
Bathrooms
1,080 sqft
Interior
2007
Year built
$1,409 / mo
HOA
Condominium
Type
About this home
Impeccable, magnificent, and filled with natural light, this beautiful two-bedroom condo offers elegance, comfort, and convenience. The unit features impressive nine-foot ceilings, ceramic tile flooring in the living and social areas, and laminate flooring in the bedrooms. The kitchen boasts stainless steel appliances, including a brand-new electric range, in-unit washer and dryer. Additional highlights include TWO DEEDED PARKING SPACES, a SEPARATE STORAGE CAGE, and an A/C system installed in 2024. Located in Puerta de Palmas, residents enjoy exceptional amenities, including a 24-hour concierge, a resort-style swimming pool, fitness center, meditation garden and much more. This bright, inviting residence offers a comfortable lifestyle with desirable features and added value. An additional benefit for the buyer: the seller will pay off the special assessment in full at closing. Located just 10 ninutes from Miami International Airport, this property enjoys a prime location in a thriving business district, home to prestigious international companies. Close to excellent schools, major highways SR 836 AND SR 826, and public transportation, including nearby bus routes and the Douglas Road Metropolitan station. This location combines convenience accessibility, and proximity to major nusiness, educational, and transportation hubs.
Features
- Lobby
- First Floor Entry
- Closet Cabinetry
- Elevator
- Fire Sprinklers
- Roman Tub
- Split Bedroom
- Walk-In Closet(s)
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 2-bed rentals in Coral Gables, from 33 active listings; the middle half ask $2,675–$4,700.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.