1241 Mariola Ct
Coral Gables, FL 33134 · single_family · For Sale · 69 days on market
Asking price$11,995,000
6 beds 7 baths 6,412 sqft
Suggested offer$6,023,112$5,971,888 above the est. market value of $6,023,112.
View on Realtor.com →Listed by Tere Shelton Bernace · Compass Florida, LLC.
Typesingle_family
Built2026
Price / sqft$1871
Est. value (own analysis)$6,023,112
Rent estimate (own analysis)$30,000/mo
HOANone
1 / 49
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Statusfor_sale
Listed date2026-06-25
Removed date—
MLSMiamiMLS #A12041856
Coordinates25.73541, -80.27866
Address1241 Mariola Ct
CityCoral Gables
StateFL
Zip33134
Listing ID5532607119
Sourceus-real-estate-listings, cached 2026-08-30
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 | $11,995,000 |
| Down payment (20.0%) | $2,399,000 |
| Loan amount | $9,596,000 |
| Closing costs (5.0%) | $599,750 |
| Total cash to close | $2,998,750 |
| Income | |
| Rent (comp-derived) | $30,000$360,000 |
| Vacancy loss (8.0%) | |
| Effective gross income | $27,600$331,200 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $18,992$227,905 |
| Insurance (placeholder 0.8% of price) | $7,997$95,960 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $1,500$18,000 |
| Total operating expenses | $28,489$341,865 |
| 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) | $1,500$18,000 |
| 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
Widened to city-wide. Real active rental listings, used to derive the rent estimate above.
| Address | Type | Beds | Baths | Sqft | Asking rent | Listed | Days on market |
|---|---|---|---|---|---|---|---|
| single_family | 6 | 8 | 9,099 | $85,000 | 2026-05-04 | — | |
| single_family | 6 | 5 | 5,396 | $30,000 | 2026-02-13 | — | |
| single_family | 6 | 7 | 5,922 | $27,000 | 2026-08-10 | — |
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 |
|---|---|---|---|---|---|---|
| 1228 Alhambra Cir | single_family | 6 | 5 | 4,319 | $5,625,000 | 2026-08-27 |
| 2111 Alhambra Cir | single_family | 6 | 5 | 3,202 | $2,900,000 | 2026-06-05 |
| 3916 Granada Blvd | single_family | 6 | 8 | 7,451 | $7,250,000 | 2026-04-14 |
| 240 SW 55th Ave | single_family | 6 | 4 | 2,901 | $975,000 | 2026-02-25 |
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 |
|---|---|---|---|---|---|---|
| 2862 SW 38th Ct | multi_family | 6 | 5 | 3,212 | $1,195,000 | — |
| 3711 SW 27th Ter | multi_family | 6 | 4 | 2,428 | $1,825,000 | — |
| 1107 Alhambra Cir | single_family | 6 | 3 | 2,965 | $1,600,000 | — |
| 1021 N Greenway Dr | single_family | 6 | 6 | 5,561 | $4,975,000 | — |
| 36 Phoenetia Ave | multi_family | 6 | 6 | 3,128 | $2,500,000 | — |
| 1253 Sorolla Ave | single_family | 6 | 7 | 6,492 | $5,992,000 | — |
| 1228 Alhambra Cir | single_family | 6 | 5 | 4,319 | $5,699,000 | — |
| 3300 Segovia St | multi_family | 6 | 4 | 3,129 | $3,000,000 | — |
10-year hold projection
IRR-7.2%
Equity multiple-0.22x
Total return (10yr)-$2,081,070
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $12,354,850 | -$10,665 | -$768,663 | $9,491,958 | $2,862,892 |
| 2 | $12,725,496 | -$9,276 | -$767,723 | $9,380,771 | $3,344,724 |
| 3 | $13,107,260 | -$7,802 | -$766,711 | $9,261,949 | $3,845,311 |
| 4 | $13,500,478 | -$6,240 | -$765,622 | $9,134,968 | $4,365,510 |
| 5 | $13,905,493 | -$4,586 | -$764,453 | $8,999,266 | $4,906,226 |
| 6 | $14,322,657 | -$2,837 | -$763,200 | $8,854,246 | $5,468,411 |
| 7 | $14,752,337 | -$988 | -$761,861 | $8,699,267 | $6,053,070 |
| 8 | $15,194,907 | $964 | -$760,430 | $8,533,646 | $6,661,262 |
| 9 | $15,650,754 | $3,025 | -$758,904 | $8,356,651 | $7,294,104 |
| 10 | $16,120,277 | $5,198 | -$757,279 | $8,167,501 | $7,952,776 |
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.