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Single Family Residence
$1,200,000$785 / sqft
408 Viscaya Ave, Coral Gables FL 33134
Listed
2
Bedrooms
2
Bathrooms
1,528 sqft
Interior
1932
Year built
None
HOA
Single Family Residence
Type
About this home
A rare opportunity to own one of the original residences in Coral Gables’ historic French Village, an exclusive collection of just 15 homes envisioned by Coral Gables founder George Merrick and inspired by fifteenth-century townhomes of England and France. Fully renovated and professionally designed, this distinctive Old Spanish residence seamlessly blends historic charm with modern sophistication. The thoughtfully designed floor plan features an oversized second-floor primary suite with vaulted ceilings, a walk-in closet, and a updated bath, while a first-floor bedroom and full bath provide flexibility for guests, a home office, or multigenerational living. Impact windows and doors enhance comfort and peace of mind throughout. A generous dining room overlooks the private outdoor space, creating a seamless connection to the expansive patio and fully enclosed backyard finished with low-maintenance artificial turf. Located in the coveted Country Club Section, just north of Bird Road off LeJeune, the home is within walking distance of Merrick Park, downtown Coral Gables, premier dining, shopping, and entertainment. No HOA or homeowner fees. Recorded as a single-family home, this is a rare blend of architectural significance, modern updates, and an exceptional Coral Gables lifestyle.
Features
- First Floor Entry
- Built-in Features
- Closet Cabinetry
- Vaulted Ceiling(s)
- Walk-In Closet(s)
- Family Room
- Garden
- Other
Leasing
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 12 active listings; the middle half ask $5,000–$5,600.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.