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$1,849,000

For Sale - Active
1543 Dorado Ave, Coral Gables, FL 33146
3 Beds
3 Baths
2,768 Square Feet
0.14 Acres Lot
Built in 1986
For Sale - Active
Units n/a
Checked: 13 hours ago
Updated: Jul 31, 2025 at 04:39AM

Investment Summary


Monthly Cash Flow
-$4,685
Cap Rate
3.1%
Cash-on-Cash Return
-13.2%
Debt Coverage Ratio
0.51
Internal Rate of Return (5 years)
-8.8%

Property Description


0.14 Acres Lot
Built in 1986
For Sale - Active
Units n/a

Seize the opportunity to own this stunning 2-story home in prestigious Coral Gables. This elegant residence features 3 spacious bedrooms, 3 full bathrooms, and a sleek, modern kitchen. The expansive living area is highlighted by soaring double-height ceilings and large windows that flood the space with natural light, creating a striking sense of openness. Ideally located just steps from the highly-ranked David Fairchild Elementary and minutes from Somerset Academy, the University of Miami, and more. The neighborhood is surrounded by parks, landmarks, shopping, and dining, offering unmatched convenience while preserving the peaceful charm of the Country Club section of Coral Gables. Don’t miss your chance to make this exceptional property your home.

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Location


Property Details


Parking

  • Description: CircularDriveway
  • Details: Circular Driveway
  • Garage Spaces: 1
  • Spaces Total: 0

Bedroom Information

  • # of Bedrooms: 3

Bathroom Information

  • # of Baths (Full): 3
  • # of Baths (Total): 3.0

Interior Features

  • # of Stories: 2

Exterior Features

  • Roof Material: Barrel

Land Information

  • Land Use: Residential
  • Land Use Subtype: Single Family Residential

Lot Information

  • Parcel ID: 0341190010580
  • Lot Size: 6300 sqft

Property Information

  • Property Type: Single Family Residence
  • Style: Detached, TwoStory
  • Year Built: 1986

Tax Information

  • Annual Tax: $10,462

Utilities

  • Water & Sewer: Public
  • Heating: Central
  • Cooling: Central Air

Location

  • County: Miami Dade

Listing Details


Listed by:
David Jimenez PA
BHHS EWM Realty
(305) 842-9565

Source:
MIAMI REALTORS MLS
MLS#: A11732566
MIAMI REALTORS MLS

Investment Summary


Monthly Cash Flow
-$4,685
Cap Rate
3.1%
Cash-on-Cash Return
-13.2%
Debt Coverage Ratio
0.51
Internal Rate of Return (5 years)
-8.8%

Purchase Details

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Purchase price:
$1,849,000
Amount financed:
-$1,479,200
Down payment:
$369,800
Closing costs:
$55,470
Rehab costs:
$0
Initial cash invested:
$425,270
Square feet:
2,768
Cost per square foot:
$668
Monthly rent per square foot:
$2.96

Financing Details

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Loan amount:
$1,479,200
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
6.625%
Principal & interest:
$9,471
Property tax:
$872
Insurance:
$574
Private mortgage insurance (PMI):
$0
Monthly payment:
$10,917

Operating Income

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% Rent Monthly Yearly
Gross rent:
$8,200 $98,400
Vacancy loss: (6%)
6% -$492 -$5,904
Operating income:
$7,708 $92,496

Operating Expenses


% Rent Monthly Yearly
Property taxes: (11%)
11%-$872-$10,462
Insurance: (7%)
7%-$574-$6,888
Property management: (8%)
8%-$656-$7,872
Repairs & maintenance: (5%)
5%-$410-$4,920
Capital expenditures: (5%)
5%-$410-$4,920
HOA fees: (n/a)
n/an/an/a
Total operating expenses: (36%)
36%-$2,922-$35,062

Cash Flow


Monthly Yearly
Net operating income:
$4,786 $57,432
Mortgage payments:
-$9,471 -$113,652
Cash flow:
$4,685 $56,220