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Waterfront · Single Family Residence
$4,900,000$1,846 / sqft
1181 S Alhambra Cir, Coral Gables FL 33146
Listed
4
Bedrooms
4
Bathrooms
2,654 sqft
Interior
1970
Year built
None
HOA
Single Family Residence
Type
About this home
Waterfront Villa on the S. Gables Waterway.Boaters Dream or live on the water.Protected cove dock for the boat.First time on the market.Completely Walled and gated for privacy.Beautiful backyard overlooks the water,pool and picturesque gardens with pathways.Large covered terrace is great for outside entertainment overlooking the water.Built high up, the back yard has commanding views.All bedrooms have balconies that open to fresh air and views of the landscaping.Impact glass,Poggenpohl kitchen with Island and gas stove.Viking,Sub Zero and Miele appliances.Also wine cooler.Den,Very high cielings,fireplace,2 car garage. Newer AC-water heater.Walk to Sunset elementary school, bathrooms original.
Features
- Cooking Island
- Entrance Foyer
- French Doors
- Pantry
- Chandelier To Be Replaced
- Volume Ceilings
- Den/Library/Office
- Maid/In-Law Quarters
- Utility Room/Laundry
- Barbeque
- Outdoor Shower
- Canal
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 4-bed rentals in Coral Gables, from 21 active listings; the middle half ask $8,950–$17,950.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.