$850,000
1931 CORAL GATE DR, Miami, FL 33145
Current Rent **
$8,000
Projected Rent **
$9,000
Estimated Rent †
Estimated Rent Confidence ‡
Low
1931 CORAL GATE DR, MIAMI, FL 33145
Calling visionary buyers: if you have an eye for improvements, this is your magical space you will turn into a
magnificent home in one of Miami's best locations, including proximity to dining, shopping & entertainment,
including Miracle Mile. Coral Gate sits just outside of Coral Gables; offers a voluntary association; gated
perimeter; sidewalks; trees – this home sits on its best street with no traffic. Few years ago, the seller
addressed big ticket items: roof; electric; plumbing; etc. This 1949 home has 2 efficiencies; one space
consisting of 1 bath & 2 beds; and another 3 beds & 2 baths. Original charm & functionality include:
hardwood floors; water filtration system; crawl space; enclosed porch with washer & dryer; avocado &
mango trees; and, a couple storage shed. Great potential to transform this well priced property into your
loving home OR keep as an income producing property.
Location:
1931 CORAL GATE DR, Miami, FL 33145
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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.
** Current rent and projected rent are provided by the lister.
† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.
‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.
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