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Condominium
$860,000$620 / sqft
1607 Ponce De Leon Blvd # 9B, Coral Gables FL 33134
Listed
3
Bedrooms
2
Bathrooms
1,388 sqft
Interior
2008
Year built
None
HOA
Condominium
Type
About this home
Experience sophisticated Coral Gables living in this spacious 3-bedroom, 2-bath residence featuring a private elevator entrance opening directly into your own foyer, soaring 10-foot ceilings, plenty of storage and beautiful city views. The thoughtfully designed split floor plan offers generous living and entertaining spaces with an elevated sense of privacy, a remodeled kitchen, electric blinds, and new in-unit washer and dryer. Located in an elegant boutique Mediterranean-style building offering 24-hour concierge and security, a fitness center, sauna, heated pool and spa, pool deck with BBQ area, two assigned covered parking spaces, two additional storage spaces, and complimentary guest parking. Prime walk-able location ideally situated just steps from Miracle Mile and Downtown Coral Gables, with exceptional dining, shopping, and entertainment at your doorstep. Minutes from the Biltmore Hotel, Venetian Pool, University of Miami, Shops at Merrick Park, and top-rated schools. A wonderful opportunity to enjoy the best of the Coral Gables lifestyle in a prime, walkable location. No special assessments. Easy to show with some notice.
Features
- Lobby
- Built-in Features
- Closet Cabinetry
- Elevator
- Entrance Foyer
- Split Bedroom
- Walk-In Closet(s)
- Storage
- Open Balcony
- Pool Area View
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 3-bed rentals in Coral Gables, from 12 active listings; the middle half ask $5,000–$12,000.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.