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Single Family Residence
$1,795,000$1,412 / sqft
3128 Coconut Grove Dr, Coral Gables FL 33134
Listed
3
Bedrooms
2
Bathrooms
1,271 sqft
Interior
1952
Year built
None
HOA
Single Family Residence
Type
About this home
An address to desire, a lifestyle to savor—welcome to the coveted heart of Coral Gables. This exceptional 3BR/2BA residence sits on an expansive 8,800 SF lot, offering effortless indoor-outdoor living. The private backyard features a beautiful wood deck and authentic Rioplatense wood-fired oven—an extraordinary setting for entertaining and memorable evenings. Inside, a cozy fireplace, water resistant wood-laminate floors, ceiling fans, and remodeled kitchen create an inviting ambiance. Major upgrades include a 2020 roof, impact windows, 2024 HVAC, and 2026 electrical panel. Fully air-conditioned, tiled garage with laundry and flexible space, plus ample driveway. Just 2 blocks from The Plaza’s celebrated dining and minutes from Miracle Mile, Merrick Park, UM, Brickell, Coconut Grove & Miami Beach.
Features
- First Floor Entry
- Utility/Laundry In Garage
- Barbeque
- Built-In Grill
- Fruit Trees
- None
- Other
Leasing
- Minimum lease
- Not stated
- Ok To Lease
Leasing terms as stated in the MLS listing, not verified by us. The association’s governing documents control what is actually permitted and can change — confirm before you buy.
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 30 active listings; the middle half ask $6,500–$10,000.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.