888 S Douglas Rd 1110, Coral Gables, FL 33134 — MLS photo

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888 S Douglas Rd 1110, Coral Gables, FL 33134

Active · Condominium

$547,000

888 S Douglas Rd 1110, Coral Gables, FL 33134

Beds
2
Baths
2
Living area
1,152 sq ft
$ / sq ft
$475/sq ft
Year built
2007
Lot size
—
HOA fee
$191
Annual tax
—

About this property

One of the most elegant buildings in the heart of Coral Gables, welcome to Puerta de Palmas! One of the most sought-after buildings in the area, this light filled unit boasts of breathtaking city views and sophisticated interiors. One of the largest split plan 2 bedroom - 2 bath units in the building, move-in ready for your immediate serene enjoyment. Interior upgrades include impact windows and doors, open concept kitchens with stainless steel appliances and granite countertops, superb custom ceramic tile flooring, custom walk-in closet in the master with an additional large custom closet in the master bedroom as well, new glass shower doors in the baths, jet tub in the master bath, renovated 2nd bath including flooring, remodeled baseboards and door frames, washer/dryer inside the unit. Luxury amenities included gym, pool, sundeck, putting green, huge recreation room includes bar, kitchen and pool table. Business center with conference, media and library rooms included. Maintenance fee includes cable, internet and water. Centrally located, minutes from restaurants and shopping near Miracle Mile, Merrick Park, Brickell Area, Downtown Miami and Miami International Airport. Seller motivated, must see!

Property location

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888 S Douglas Rd 1110, Coral Gables, FL 33134

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,152 sq ft

Exterior & Structure

Property type
Condominium
Year built
2007

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$191
County
Miami-Dade
MLS listing ID
A11978511
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

-$749

Cap rate
4.0%
Net yield
4.0%
Cash-on-cash return
-5.9%
Gross yield
7.8%
Mortgage payment
$2,593/mo
Down payment
$136,750
Loan amount
$410,250
Annual NOI
$22,128

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