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Condominium at 888 S Douglas Rd # 1405, Coral Gables FL 33134Active
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Condominium
$499,000$489 / sqft

888 S Douglas Rd # 1405, Coral Gables FL 33134

2
Bedrooms
2
Bathrooms
1,020 sqft
Interior
2007
Year built
$1,351 / mo
HOA
Condominium
Type

About this home

Magnificent 2BR/2BA residence with 2 assigned parking spaces at Puerta de Palmas, an exclusive Mediterranean-style community at the historic entrance of Coral Gables. Enjoy breathtaking, unobstructed views and endless blue Miami skies from this bright, spacious split-bedroom floor plan. Features also include a newer A/C (2025) and generous living areas. Puerta de Palmas is a well-established, professionally managed full-service building offering 24-hour concierge, on-site management, complimentary valet for guests, a state-of-the-art fitness center, heated pool and sundeck, social and business rooms, clubhouse, and pet-friendly living. Residents also enjoy convenient access to the Coral Gables Trolley and Freebee service. For added peace of mind, the seller will pay off the current special assessment at closing. Ideally located just minutes from Miami International Airport, major expressways, and the vibrant Miracle Mile, with its renowned dining, shopping, cafés, theaters, and bookstores. A rare opportunity to enjoy the best of Coral Gables living in one of the area's premier full-service condominium communities.

Features

  • Walk-In Closet(s)
  • Open Balcony
  • Garden View

Location

Approximate — shows the building, not the unit. Open in maps (opens in a new tab)

Estimated loan & HOA

$3,874

Loan payment and HOA only. Property tax and insurance are significant here and are not included.

Principal & interest
$2,523
HOA
$1,351 / mo

Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.

Schedule a tour

Request a private or video tour with a local agent.

Courtesy of
Avanti Way Realty LLC

Run the numbers

We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.

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 rent, 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. 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.