215 Sidonia Ave

Coral Gables, FL 33134 · multi_family · For Sale · 3 days on market
Asking price$1,695,000
8 beds 4 baths 3,600 sqft
Suggested offer$1,660,875$34,125 above the est. market value of $1,660,875.
View on Realtor.com →
Listed by Diego Ramos · COMPASS
Typemulti_family
Built1946
Price / sqft$471
Est. value (own analysis)$1,660,875
Rent estimate (building total, own analysis)$13,693/mo
HOANone
Street view
View full map & nearby schools →

Neighborhood

Show every detail
Statusfor_sale
Listed date2026-08-30
Removed date
MLSMiamiMLS #A12080177
Coordinates25.75997, -80.25970
Address215 Sidonia Ave
CityCoral Gables
StateFL
Zip33134
Listing ID5396213769
Sourceus-real-estate-listings, cached 2026-08-31

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)

Purchase price$1,695,000
Down payment (20.0%)$339,000
Loan amount$1,356,000
Closing costs (5.0%)$84,750
Total cash to close$423,750
Rent (estimate)$13,693$164,319
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$164,319
Vacancy rate (assumption) assumption8.0%

$164,319 × 8.0% = $13,146

Effective gross income$12,598$151,173
Property tax (placeholder 1.9% of price)$2,684$32,205
Insurance (placeholder 0.8% of price)$1,130$13,560
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$685$8,216
Total operating expenses$4,498$53,981
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$151,173
Total operating expenses derived$53,981

$151,173 − $53,981 = $97,193

Debt service (6.66%, avg 30yr rate as of 2026-08-27, 30yr amortizing)

Monthly Principal & Interest

Standard amortization on the loan amount, at the effective rate and term

Loan amount derived$1,356,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$1,356,000 amortized at 6.7% over 30 years = $8,714/mo

CapEx reserve (5.0% of GSR)$685$8,216
Mortgage insurance (PMI) (0.0% of loan, not required — down payment ≥ 20%)$0$0
Cash flow

Monthly Cash Flow

(NOI − Annual Debt Service − Annual CapEx Reserve − Annual PMI) ÷ 12

NOI derived$97,193
Annual debt service derived$104,568
Annual CapEx reserve assumption$8,216
Annual PMI assumption$0

($97,193 − $104,568 − $8,216 − $0) ÷ 12 = -$1,299

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$97,193
Purchase price data$1,695,000

$97,193 ÷ $1,695,000 = 5.7%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$15,592
Total cash to close derived$423,750

-$15,592 ÷ $423,750 = -3.7%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$97,193
Annual debt service derived$104,568

$97,193 ÷ $104,568 = 0.93

Rent-to-price (1% rule)

Rent-to-Price (the "1% rule")

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$164,319
Purchase price data$1,695,000

($164,319 ÷ 12) ÷ $1,695,000 = 0.8%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$1,695,000
Gross scheduled rent (annual) comp$164,319

$1,695,000 ÷ $164,319 = 10.3

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$53,981
Effective gross income derived$151,173

$53,981 ÷ $151,173 = 35.7%

Break-even occupancy

Break-Even Occupancy

(Total OpEx + Annual Debt Service + Annual PMI) ÷ Gross Scheduled Rent

Total operating expenses derived$53,981
Annual debt service derived$104,568
Annual PMI assumption$0
Gross scheduled rent (annual) comp$164,319

($53,981 + $104,568 + $0) ÷ $164,319 = 96.5%

Comparables

Same ZIP. Real active rental listings, used to derive the rent estimate above.

No active rental listings cached yet for this bedroom count.

Widened to any bedroom count in ZIP. 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.

AddressTypeBedsBathsLiving sqftSale priceSale date
4450 W Flagler Stmulti_family2,103$915,0002026-09-01
346 350 Alesio Avemulti_family2,159$1,150,0002026-08-28
2862 SW 38th Ctmulti_family3,212$1,150,0002026-08-24
4217 SW 2nd Termulti_family1,239$600,0002026-07-16
1414 Galiano Stmulti_family522,824$1,300,0002026-07-06
2909 Segovia Stmulti_family532,612$1,510,0002026-07-02
4025 SW 10th Stmulti_family4,572$1,630,0002026-06-29
3808 Ponce De Leon Blvdmulti_family2,970$1,435,0002026-06-03
27 SW 55th Avenue Rdmulti_family311,636$575,0002026-05-21
3741 SW 27th Termulti_family2,090$980,0002026-05-15
201 Fluvia Avemulti_family2,640$1,225,0002026-05-13
111 Salamanca Avemulti_family4,946$1,950,0002026-05-08
3731 SW 27th Stmulti_family421,715$812,0002026-04-21
1231 Columbus Blvdmulti_family412,366$1,600,0002026-04-13
4201 SW 7th Stmulti_family3,196$1,425,0002026-04-07
2845 SW 37th Ctmulti_family1,669$770,0002026-04-07
3609 S Le Jeune Rdmulti_family3,284$1,150,0002026-03-24
2890 2892 S Le Jeune Rdmulti_family3,164$1,400,0002026-02-27
2880-2882 S Le Jeune Rdmulti_family3,324$1,500,0002026-02-27
4000 4010 Sw 16th Termulti_family542,963$980,0002026-01-27
2820 SW 38th Ctmulti_family311,170$875,0002025-12-19
5615 SW 1st Stmulti_family521,699$250,0002025-12-03
650 SW 42nd Avemulti_family2,884$1,350,0002025-12-02
135 Zamora Avemulti_family663,600$1,900,0002025-11-06
900 SW 43rd Ave Unit 2multi_family843,424$744,6002025-10-17
2920 SW 37th Ctmulti_family2,369$724,9002025-09-26
406 Valencia Avemulti_family665,029$4,000,0002025-09-19
414 Valencia Avemulti_family663,900$4,000,0002025-09-19
4100 SW 9th Termulti_family421,562$760,0002025-09-09

Widened to city-wide. Other properties currently for sale nearby — asking prices, not closed sale prices. Not a price comp; see Sold comps for actual transaction history.

AddressTypeBedsBathsSqftAsking priceDays on market
545 San Antonio Avesingle_family8107,772$13,790,000
641 Leucadendra Drsingle_family81013,193$78,000,000

10-year hold projection

IRR8.3%
Equity multiple2.31x
Total return (10yr)$775,334
YearProperty valueNOICash flowLoan balanceEquity
1$1,745,850$97,193-$15,592$1,341,298$404,552
2$1,798,226$100,378-$12,611$1,325,586$472,639
3$1,852,172$103,666-$9,534$1,308,796$543,377
4$1,907,737$107,060-$6,356$1,290,852$616,885
5$1,964,970$110,562-$3,075$1,271,676$693,293
6$2,023,919$114,177$313$1,251,184$772,735
7$2,084,636$117,908$3,811$1,229,284$855,352
8$2,147,175$121,758$7,424$1,205,880$941,295
9$2,211,591$125,731$11,153$1,180,869$1,030,721
10$2,277,938$129,832$15,003$1,154,141$1,123,798
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.
All figures are estimates for evaluation purposes only, not investment, tax, legal, or insurance advice. Property tax is estimated from a real matched tax bill or millage rate when available, a placeholder % of price otherwise; insurance is scaled by flood and wind risk where those are known and a flat percentage otherwise — never a real quote. Verify all of them, along with association restrictions and permit status, before committing capital. Rent estimates come from real comps or Zillow’s ZIP index, not appraisals.