4220 Laguna St 505, Coral Gables, FL 33146 — MLS photo

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4220 Laguna St 505, Coral Gables, FL 33146

Active · Condominium

$1,270,000

4220 Laguna St 505, Coral Gables, FL 33146

Beds
2
Baths
2
Living area
0 sq ft
$ / sq ft
—
Year built
2025
Lot size
—
HOA fee
$1,652 Monthly
Annual tax
$22,000

About this property

SELLER is willing to provide Seller concessions to cover Rate Buy Down. $110,000 PRICE REDUCTION — NOW $1,270,000! Priced for a quick sale. Rare opportunity to own a fully furnished 2-bedroom residence at The Avenue, a boutique luxury condominium in the heart of Coral Gables. This 2-bedroom, 1.5-bath residence features refined designer finishes, a modern gourmet kitchen, and a functional layout that works equally well for an end user or investor. The property is approved for short-term rentals, offering flexibility and income potential in one of Miami’s most desirable markets. Residents enjoy resort-style amenities including a rooftop pool with cabanas and BBQ areas, concierge services, and valet parking. Located just steps from The Shops at Merrick Park, fine dining, shopping, and everyday conveniences, with easy access to Coral Gables, Coconut Grove, and the greater Miami area. The new $1,270,000 price creates an exceptional opportunity for buyers looking for a luxury residence with rental flexibility in a prime location. Note: The property does not yet have a folio number. Schedule your private showing today.

Property location

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4220 Laguna St 505, Coral Gables, FL 33146

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
0 sq ft
Flooring
Ceramic Tile, Porcelain Tile
Appliances
Dryer, Electric Water Heater, Other, Refrigerator
Cooling
Central Air
Heating
Electric
Interior features
Closet Cabinetry, First Floor Entry, Kitchen Island, Other

Exterior & Structure

Property type
Condominium
Year built
2025
Stories
8
Construction
Block
Exterior features
Balcony, Barbecue
Pool
Association
View
None, Other

Parking

Garage spaces
1
Covered spaces
1
Parking features
One Space

HOA, Community & Financials

Association fee
$1,652 Monthly
Fee inclusions
Common Areas, Internet, Maintenance Structure, Other
Amenities
Elevators, Barbecue, Picnic Area, Pool
Security
Door Man, Elevator Secured, Secured Garage Parking, Fire Sprinkler System
Pets allowed
No, Yes
Annual tax
$22,000
Subdivision
CORAL GABLES IND SEC
County
Miami-Dade
Days on market
271
MLS listing ID
A11939722
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$3,960

Cap rate
1.9%
Net yield
1.9%
Cash-on-cash return
-13.4%
Gross yield
6.6%
Mortgage payment
$6,020/mo
Down payment
$317,500
Loan amount
$952,500
Annual NOI
$24,724

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.