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Condominium
$309,900$407 / sqft
50 Menores Ave # 518, Coral Gables FL 33134
Listed
1
Bedrooms
1
Bathrooms
762 sqft
Interior
2002
Year built
$720 / mo
HOA
Condominium
Type
About this home
THIS IS IT! PRIME CORAL GABLES CONDO WITH CITY VIEWS AND UNBEATABLE CONVENIENCE! LOCATED IN THE DESIRABLE DOUGLAS GRAND, THIS SPACIOUS AND WELL MAINTAINED 1 BEDROOM 1 BATH UNIT IS FILLED WITH NATURAL LIGHT AND OFFERS THE PERFECT BLEND OF COMFORT, LOCATION, AND VALUE. ENJOY YOUR MORNING COFFEE FROM THE PRIVATE BALCONY WITH BEAUTIFUL CITY SKYLINE VIEWS. THE UNIT FEATURES TILE FLOORING THROUGHOUT, A SPACIOUS WALK IN CLOSET, NEWER A C, NEWER REFRIGERATOR, AND WASHER AND DRYER INSIDE THE UNIT. ONE ASSIGNED GARAGE PARKING SPACE IS INCLUDED. THIS FULL SERVICE, PET FRIENDLY BUILDING OFFERS A SECURE ENTRANCE, CONCIERGE IN THE LOBBY, POOL, FITNESS CENTER, AND MORE. HOA INCLUDES BASIC CABLE TV, INTERNET, WATER. PUBLIX IS CONVENIENTLY LOCATED RIGHT DOWNSTAIRS, AND PHILLIPS PARK IS NEXT DOOR WITH OUTDOOR RECREATION, TRAINING, AND SPORTS FACILITIES. JUST MINUTES FROM MIRACLE MILE, COCONUT GROVE, BRICKELL, MIAMI INTERNATIONAL AIRPORT, UNIVERSITY OF MIAMI, MIAMI DADE COLLEGE, SHOPS, RESTAURANTS, AND BARS. CAN BE RENTED RIGHT AWAY(12 MONTH LEASES), MAKING IT IDEAL FOR FIRST TIME BUYERS, END USERS, OR INVESTORS. OWNER PAID THE ASSESSMENT IN FULL. EXCELLENT OPPORTUNITY!
Features
- Interior Hall
- Lobby
- Closet Cabinetry
- Pantry
- Other
- Other View
Leasing
- Minimum lease
- Not stated
- Leases permitted per year
- 365
- Ok To Lease
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 1-bed rentals in Coral Gables, from 33 active listings; the middle half ask $2,250–$3,100.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.