6580 Santona St A38, Coral Gables, FL 33146 — MLS photo

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6580 Santona St A38, Coral Gables, FL 33146

Active · Condominium

$280,000

6580 Santona St A38, Coral Gables, FL 33146

Beds
0
Baths
1
Living area
392 sq ft
$ / sq ft
$714/sq ft
Year built
1961
Lot size
—
HOA fee
$560
Annual tax
—

About this property

This spacious studio has an open layout, a wall of closet/storage, balcony, new flooring recently installed and the BEST location for all year round rental. It sits across from the University of Miami, steps away from park, banks, gym, restaurants, shops (Sunset Place), Publix and Whole Foods. A few blocks from South Miami Hospital, Doctor's Hospital and Dadeland Mall. Accessibility in transportation with Metrorail, US1 and 874. A low-rise building with only three stories and 45 units. Roof replaced in 2019 and building recently tented. Maintenance includes: insurance, roof, building exterior, pool, elevator, reserve funds, pest control, laundry facilities, water, trash & sewer. HOA has met the reserves requirement under new laws

Property location

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6580 Santona St A38, Coral Gables, FL 33146

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Facts & features

Interior

Bedrooms
0
Bathrooms
1
Living area
392 sq ft

Exterior & Structure

Property type
Condominium
Year built
1961

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$560
County
Miami-Dade
MLS listing ID
A11964867
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

-$1,166

Cap rate
0.7%
Net yield
0.7%
Cash-on-cash return
-17.8%
Gross yield
6.3%
Mortgage payment
$1,327/mo
Down payment
$70,000
Loan amount
$210,000
Annual NOI
$1,941

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