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Waterfront · Single Family Residence
$11,500,000$1,193 / sqft
431 Costanera Rd, Coral Gables FL 33143
Listed
7
Bedrooms
9
Bathrooms
9,640 sqft
Interior
1992
Year built
$500 / mo
HOA
Single Family Residence
Type
About this home
Welcome to a luxurious oasis located on the water in sought after Islands of Cocoplum in Coral Gables. This beautiful home was built by a prominent Miami Architect on a quiet street at the end of a beautiful cul-de-sac. Great floorplan, high ceilings and generous sized bedrooms. This property has lush greenery and 20-foot to 30-foot palm trees. It is incredible for welcoming family and friends. Have a spectacular barbecue by the pool and dock your gorgeous boat right on the canal. This unique home is 9640 sq ft under air and includes a 2-car oversized garage with plenty of storage space. Enjoy 24 hour roaming security patrol, newly renovated clubhouse w/60 ft. lap pool, playground, gym, 8 clay tennis courts, newly renovated basketball courts, pro beach volleyball court
Features
- Built-in Features
- Other
- Canal
- Garden
- Pool
Leasing
- Minimum lease
- Not stated
- 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.
Location
Approximate — shows the building, not the unit.
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 7-bed rentals across Miami-Dade, from 20 active listings; the middle half ask $21,000–$70,000.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.