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Single Family Residence
$3,750,000$1,318 / sqft
1253 Obispo Ave, Coral Gables FL 33134
Listed
4
Bedrooms
5
Bathrooms
2,846 sqft
Interior
1926
Year built
None
HOA
Single Family Residence
Type
About this home
Set behind layered tropical planting on an 11,250 SF+/- lot, 1253 Obispo Avenue pairs the character of an established Coral Gables address with the clarity of a contemporary single-level plan. The residence was completely remodeled & expanded in 2017 by CH Construction Group. The property now comprises a 3-bedroom main residence, a detached yoga studio with a full bathroom, 4 full & 1 half bathrooms total, a heated pool, a 2-car attached garage & driveway parking for multiple vehicles. Located within Coral Gables’ Granada neighborhood, the residence is surrounded by established residential streets, mature tree canopy & the architectural character for which the city is known. Granada Golf Course, the Biltmore Hotel, Venetian Pool & Miracle Mile shape the wider recreational, cultural & dining landscape, connecting the address to golf, wellness, historic landmarks, independent retail & the center of Coral Gables civic life while preserving its distinctly residential setting. 1253 Obispo Avenue is defined by the coherence of its design: clear single-level circulation, interiors shaped by light & material contrast, & a pool landscape that functions as a genuine extension of the home. The detached yoga studio adds a dedicated dimension for wellness, while the outdoor kitchen & covered living areas make the grounds equally suited to quiet daily use & entertaining.
Features
- First Floor Entry
- Built-in Features
- Closet Cabinetry
- Cooking Island
- Fire Sprinklers
- Walk-In Closet(s)
- Built-In Grill
- Lighting
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 4-bed rentals in Coral Gables, from 21 active listings; the middle half ask $11,000–$18,000.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.