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Condominium
$799,000$534 / sqft
120 Salamanca Ave # 3B, Coral Gables FL 33134
Listed
2
Bedrooms
3
Bathrooms
1,497 sqft
Interior
2020
Year built
$805 / mo
HOA
Condominium
Type
About this home
Welcome to boutique luxury living in the heart of Coral Gables. Villa Adria, a thoughtfully designed residence offers an exceptional lifestyle just moments from the acclaimed restaurants, cafés, retail, and cultural energy of Miracle Mile. This intimate seven-unit building delivers a rare sense of privacy and exclusivity, with each residence designed to feel both refined and inviting. A spacious 1,497 SF, 2 bedroom, 2.5 bath unit with interior contemporary finishes, light-filled open layouts, and seamless indoor-outdoor living with private balconies. Hurricane-impact windows and doors, along with well-considered design details, provide both comfort and peace of mind. Residents enjoy access to a beautifully appointed rooftop garden and entertainment space, offering a serene setting to relax or gather—all within one of Coral Gables’ most desirable and walkable locations.
Features
- Lobby
- Bar
- Built-in Features
- Great Room
- Utility Room/Laundry
- Open Balcony
- None
Leasing
- Minimum lease
- 365 days
- Leases permitted per year
- 1
- Okay To Lease 1st Year
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 33 active listings; the middle half ask $2,675–$4,700.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.