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Single Family Residence
$1,300,000$912 / sqft
231 Viscaya Ave, Coral Gables FL 33134
Listed
2
Bedrooms
1
Bathrooms
1,425 sqft
Interior
1925
Year built
None
HOA
Single Family Residence
Type
About this home
Timeless Coral Gables charm meets an exceptional central location in this classic Old Spanish home. Filled with natural light, the home features a dramatic foyer with vaulted wood-beamed ceilings, original hardwood floors, a fireplace and inviting living spaces rich in architectural character. The functional layout includes a primary bedroom with an adjoining room ideal for a home office, den or spacious walk-in closet. Improvements include impact windows and doors, a 2020 roof, and a newer A/C system. A detached garage offers possibilities for a guest suite, gym, studio or additional living space. Ideally situated just minutes from Miracle Mile, Merrick Park and the best of Coral Gables, this special property is ready for its next owner to make it their own.
Features
- First Floor Entry
- Den/Library/Office
- Garden
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
$6,574
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $6,574
- HOA
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 2-bed rentals in Coral Gables, from 6 active listings; the middle half ask $5,995–$6,500.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.