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1
Bedrooms
1
Bathrooms
880 sqft
Interior
1969
Year built
$1,109 / mo
HOA
Condominium
Type
About this home
Gables Waterway Towers: A prime opportunity to own a pristine, spacious residence in a highly desirable location near Cocoplum Circle, University of Miami, Coral Gables.... Features top-tier amenities, including a fully equipped gym and a heated pool with beautiful bay views. The building has slips for boats (private slip for purchase) Building has financial reserve. Showing after October 14 24-hour advance notice required for showings. Unit is tenant occupied with a rent of $2000 monthly until February 2027
Features
- Elevator
- East Of Us1
- Open Balcony
- Intracoastal View
Leasing
- Minimum lease
- 180 days
- Leases permitted per year
- 2
- No Daily Rentals
- 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.
Estimated loan & HOA
$3,233
Loan payment and HOA only. Property tax and insurance are significant here and are included.
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 1-bed rentals in Coral Gables, from 27 active listings; the middle half ask $2,250–$3,050.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.