All listings
Active
Active1 / 19
Photo 1 of 19
Condominium
$199,900$635 / sqft
119 Menores Ave # 2, Coral Gables FL 33134
Listed
0
Bedrooms
1
Bathrooms
315 sqft
Interior
1926
Year built
$413 / mo
HOA
Condominium
Type
About this home
Excellent opportunity to own one of the best-priced units in Coral Gables, just minutes from Miracle Mile, Ponce de León, restaurants, shops, and major roadways. This well-maintained 315 SF studio features one of the building’s largest studio layouts and a rare in-unit washer and dryer—an important convenience and a distinctive feature within the building. The functional layout includes a full bathroom, updated kitchen, and bright living space, making it ideal for an end-user seeking a low-maintenance residence or an investor looking to capitalize on strong rental demand in a prime location. Located in a charming historic building in one of Coral Gables’ most desirable and walkable areas, the property offers an attractive combination of location, value, and long-term potential. Opportunities at this price point are increasingly limited. Whether as a smart entry-level investment, pied-à-terre, or personal residence, this unit stands out for its larger footprint, in-unit laundry, and exceptional Coral Gables location.
Features
- First Floor Entry
- Other
- Other View
Leasing
- Minimum lease
- 365 days
- Leases permitted per year
- 1
- 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
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 studio rentals in Coral Gables, from 7 active listings; the middle half ask $1,650–$1,990.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.