1265 S Alhambra Cir A, Coral Gables, FL 33146 — MLS photo

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1265 S Alhambra Cir A, Coral Gables, FL 33146

Active · Condominium

$2,795,000

1265 S Alhambra Cir A, Coral Gables, FL 33146

Beds
2
Baths
3
Living area
2,036 sq ft
$ / sq ft
$1,373/sq ft
Year built
1967
Lot size
—
HOA fee
—
Annual tax
—

About this property

First time ever offered. A rare waterfront opportunity in Coral Gables now presented as 2 separate condominium residences. Unit A, downstairs residence, offers bright interiors & direct access to the property’s 80 FT boat dock (40 FT assigned to this unit) along a beautiful Gables waterway. Walls of windows & a sunroom frame tranquil water views while opening to a gorgeous private patio ideal for outdoor dining & entertaining. The well-designed floor plan includes an ample living room, separate dining room, & large eat-in kitchen w/granite counters, stainless appliances & counter seating that opens to the family room. This substantially updated residence features 2 large bedroom suites w/2 private baths plus a powder room, porcelain tile floors throughout, plantation shutters & abundant closet space. Additional features: an indoor laundry room w/full-size washer & dryer & space for an additional refrigerator/freezer, an exterior walk-in storage closet, & three exterior parking spaces. A charming walled courtyard entry welcomes you to this impeccably maintained property owned by only one family. New roof March 2025. Unit A is offered at $2,795,000 & includes 40 FT of dockage. Unit B (MLS #A11973154) is also available for $2,595,000. Both units are sold together (Total Purchase Price: $5,390,000) creating a rare waterfront compound w/ 80 FT of total dockage.

Property location

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1265 S Alhambra Cir A, Coral Gables, FL 33146

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Facts & features

Interior

Bedrooms
2
Bathrooms
3
Living area
2,036 sq ft

Exterior & Structure

Property type
Condominium
Year built
1967

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$0
County
Miami-Dade
MLS listing ID
A11973153
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

-$9,090

Cap rate
1.8%
Net yield
1.8%
Cash-on-cash return
-13.9%
Gross yield
4.9%
Mortgage payment
$13,250/mo
Down payment
$698,750
Loan amount
$2,096,250
Annual NOI
$49,921

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