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Waterfront · Single Family Residence
$21,900,000$4,938 / sqft
820 San Pedro Ave, Coral Gables FL 33156
Listed
4
Bedrooms
6
Bathrooms
4,435 sqft
Interior
1970
Year built
$29 / mo
HOA
Single Family Residence
Type
About this home
Once in a lifetime opportunity. Imagine your own private paradise in the gated community of Gables by the Sea. This spectacular estate sits right on the bay with over half an acre of lush landscaping designed by renowned architect Raymond Jungles. This is a boater and entertainer's dream home, with a family room with open bay views, summer kitchen, protected boat dock that holds a vessel up to 60ft and a boat lift that can hold 15k lbs. Completely renovated in 2018 with new roof, new wood and stone flooring, chef's kitchen with SubZero and Miele appliances, an oversized butler's pantry with wine refrigerators, gorgeous custom cabinetry and millwork throughout, high vaulted ceilings and full house generator.
Features
- Bar
- Built-in Features
- Entrance Foyer
- French Doors
- 3 Bedroom Split
- Vaulted Ceiling(s)
- Walk-In Closet(s)
- Den/Library/Office
- Family Room
- Media Room
- Recreation Room
- Storage
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.