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Condominium at 1265 S Alhambra Cir # B, Coral Gables FL 33146Active
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Waterfront · Condominium
$3,000,000$1,473 / sqft

1265 S Alhambra Cir # B, Coral Gables FL 33146

2
Bedrooms
3
Bathrooms
2,036 sqft
Interior
1967
Year built
None
HOA
Condominium
Type

About this home

First time ever offered. A unique waterfront offering in Coral Gables now presented as 2 separate condominium residences. Unit B, upstairs residence, enjoys elevated perspectives of the waterway & natural light from walls of windows capturing serene views throughout the home. A bright sunroom provides the perfect place to relax while overlooking the water. This residence includes 40 FT of dockage (half of the property’s 80 FT boat dock) accessed via a private side stairwell shared by both units. The spacious floor plan includes an ample living room, separate dining room, & large eat-in kitchen w/granite counters, stainless appliances & counter seating that opens to the family room creating inviting living & entertaining spaces. Neutral finishes & updates provide a move-in ready environment. The residence features 2 large bedroom suites w/2 private baths plus a powder room, porcelain tile floors throughout, plantation shutters & generous closet space. Additional highlights: an indoor laundry room w/full-size washer/dryer & space for an additional refrigerator/freezer, an exterior walk-in storage closet, & three exterior parking spaces. A charming walled courtyard entry welcomes you to this meticulously maintained property owned by one family. New roof March 2025. Unit B is offered at $3M & includes 40 FT of dockage. Unit A (MLS #A11973153) is also available for $3.2M. Both units may be purchased together creating an exceptional waterfront compound w/ 80 FT of dockage.

Features

  • Second Floor Entry
  • Entrance Foyer
  • Split Bedroom
  • Great Room
  • East Of Us1
  • None
  • Canal
  • Water View

Location

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

Estimated loan & HOA

$15,170

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

Principal & interest
$15,170
HOA
None

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
Coldwell Banker Realty

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.