1704 S Le Jeune Rd
Coral Gables, FL 33134 · multi_family · For Sale · 1 days on market
Asking price$1,295,000
5 beds 4 baths 2,183 sqft
Suggested offer$863,464$431,536 above the est. market value of $863,464.
View on Realtor.com →Listed by Sean Guim · Onyx Realty
Typemulti_family
Built1960
Price / sqft$593
Est. value (own analysis)$863,464
Rent estimate (building total, own analysis)$8,303/mo
HOANone
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Statusfor_sale
Listed date2026-09-01
Removed date—
MLSMiamiMLS #A12081159
Coordinates25.75609, -80.26323
Address1704 S Le Jeune Rd
CityCoral Gables
StateFL
Zip33134
Listing ID5371618247
Sourceus-real-estate-listings, cached 2026-09-02
ZIP market snapshot (33134)
Typical home value (ZHVI)$887,965
Typical rent (ZORI)$3,095/mo
Zillow Research's ZHVI (home value index) and ZORI (rent index) for this ZIP, as of 2026-07 — free published data, refreshed monthly, no RentCast quota spent. "Typical value/rent" is a smoothed index, not a literal median of active listings.
Underwriting (buy-and-hold, default assumptions)
| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $1,295,000 |
| Down payment (20.0%) | $259,000 |
| Loan amount | $1,036,000 |
| Closing costs (5.0%) | $64,750 |
| Total cash to close | $323,750 |
| Income | |
| Rent (estimate) | $8,303$99,641 |
| Vacancy loss (8.0%) | |
| Effective gross income | $7,639$91,670 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $2,050$24,605 |
| Insurance (placeholder 0.8% of price) | $863$10,360 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $415$4,982 |
| Total operating expenses | $3,329$39,947 |
| Net operating income (NOI) | |
| Debt service & reserves | |
| Debt service (6.66%, avg 30yr rate as of 2026-08-27, 30yr amortizing) | |
| CapEx reserve (5.0% of GSR) | $415$4,982 |
| Mortgage insurance (PMI) (0.0% of loan, not required — down payment ≥ 20%) | $0$0 |
| Cash flow |
Cap rate
Cash-on-cash
DSCR
Rent-to-price (1% rule)
Gross rent multiplier
Operating expense ratio
Break-even occupancy
Comparables
Same ZIP. Real active rental listings, used to derive the rent estimate above.
No active rental listings cached yet for this bedroom count.
Same ZIP & bedroom count. Closed sales from Realtor.com over the last 12 months, matched to this property's type — real transaction prices, not asking prices. Falls back to Miami-Dade County public records (property appraiser tax roll) when Realtor.com has no sales on file for the area.
| Address | Type | Beds | Baths | Living sqft | Sale price | Sale date |
|---|---|---|---|---|---|---|
| 1414 Galiano St | multi_family | 5 | 2 | 2,824 | $1,300,000 | 2026-07-06 |
| 2909 Segovia St | multi_family | 5 | 3 | 2,612 | $1,510,000 | 2026-07-02 |
| 4000 4010 Sw 16th Ter | multi_family | 5 | 4 | 2,963 | $980,000 | 2026-01-27 |
| 5615 SW 1st St | multi_family | 5 | 2 | 1,699 | $250,000 | 2025-12-03 |
Same ZIP. Other properties currently for sale nearby — asking prices, not closed sale prices. Not a price comp; see Sold comps for actual transaction history.
| Address | Type | Beds | Baths | Sqft | Asking price | Days on market |
|---|---|---|---|---|---|---|
| 619 SW 39th Ave | single_family | 5 | 4 | 2,115 | $749,999 | — |
| 3969 SW 2nd St | single_family | 5 | 4 | 2,700 | $799,999 | — |
| 650 SW 44th Ct | multi_family | 5 | 4 | 2,073 | $1,600,000 | — |
| 5152 SW 6th St | single_family | 5 | 4 | 1,765 | $1,085,000 | — |
| 1140 Asturia Ave | single_family | 5 | 5 | 3,386 | $4,200,000 | — |
| 1202 Granada Blvd | single_family | 5 | 3 | 2,855 | $2,995,000 | — |
| 730 Zamora Ave | single_family | 5 | 6 | 4,299 | $5,700,000 | — |
| 1301 Milan Ave Apt 3 | condo_townhome_rowhome_coop | 5 | 5 | 483 | $3,200,000 | — |
10-year hold projection
IRR3.4%
Equity multiple1.55x
Total return (10yr)$348,216
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $1,333,850 | $51,723 | -$33,150 | $1,024,768 | $309,082 |
| 2 | $1,373,866 | $53,474 | -$31,524 | $1,012,764 | $361,102 |
| 3 | $1,415,081 | $55,283 | -$29,842 | $999,936 | $415,146 |
| 4 | $1,457,534 | $57,152 | -$28,105 | $986,226 | $471,307 |
| 5 | $1,501,260 | $59,081 | -$26,309 | $971,576 | $529,684 |
| 6 | $1,546,298 | $61,074 | -$24,454 | $955,919 | $590,378 |
| 7 | $1,592,687 | $63,132 | -$22,537 | $939,188 | $653,499 |
| 8 | $1,640,467 | $65,258 | -$20,555 | $921,307 | $719,160 |
| 9 | $1,689,681 | $67,453 | -$18,508 | $902,198 | $787,483 |
| 10 | $1,740,372 | $69,720 | -$16,393 | $881,778 | $858,594 |
Assumes 3.0% annual rent growth, 2.5% expense growth, 3.0% appreciation, and a 6.0% selling cost at exit — all placeholder assumptions, not market-derived.