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Single Family Residence
$1,495,000$911 / sqft
504 Majorca Ave, Coral Gables FL 33134
Listed
3
Bedrooms
3
Bathrooms
1,641 sqft
Interior
1924
Year built
None
HOA
Single Family Residence
Type
About this home
Perfectly positioned in one of Coral Gables' most sought-after neighborhoods, this meticulously renovated residence offers a rare combination of walkability, privacy and flexible living space. Just steps from Miracle Mile, Alhambra Circle, Granada Golf Course, the Coral Gables Country Club, parks, restaurants, shops and preschools, the location places the very best of the City Beautiful at your doorstep. The main residence offers 2 bedrooms and 2 bathrooms across 1,641 square feet and has been thoughtfully reimagined with an open-concept design, custom kitchen cabinetry, quartz countertops, hurricane-impact windows and doors, updated electrical and PVC plumbing systems, hardwood floors, and designer finishes throughout. A detached almost 400-square-foot guest house provides exceptional flexibility, complete with a full kitchen, living/sleeping area, and private bath, making it ideal for guests, multigenerational living, a dedicated home office, fitness studio, or additional storage and living space. With approximately 1,986 total square feet of living area, move-in-ready condition and a premier location on the coveted 500 block of Coral Gables, this property represents one of the most compelling opportunities currently available in the neighborhood. Enjoy the charm of a quiet, tree-lined residential street with convenient access to Coconut Grove and Miami International Airport.
Features
- First Floor Entry
- Entrance Foyer
- Cottage
- Separate Guest/In-Law Quarters
- Maid/In-Law Quarters
- Garden
Location
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 27 active listings; the middle half ask $6,500–$8,700.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.