5111 Maggiore St

Coral Gables, FL 33146 · single_family · For Sale · 6 days on market
Asking price$2,300,000
3 beds 2 baths 1,367 sqft
Suggested offer$1,288,003$1,011,997 above the est. market value of $1,288,003.
View on Realtor.com →
Listed by Oscar Arellano · Coldwell Banker Realty
Typesingle_family
Built1954
Price / sqft$1683
Est. value (own analysis)$1,288,003
Rent estimate (own analysis)$7,250/mo
HOANone
Wind10/10Extreme$Heat10/10ExtremeFlood5/10major$Air2/10MinorWildfire1/10Minimal
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Neighborhood

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Statusfor_sale
Listed date2026-08-27
Removed date
MLSMiamiMLS #A12077342
Coordinates25.72236, -80.26357
Address5111 Maggiore St
CityCoral Gables
StateFL
Zip33146
Listing ID5640342958
Sourceus-real-estate-listings, cached 2026-08-31

ZIP market snapshot (33146)

Typical home value (ZHVI)$1,955,688
Typical rent (ZORI)$3,608/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$2,300,000
Down payment (20.0%)$460,000
Loan amount$1,840,000
Closing costs (5.0%)$115,000
Total cash to close$575,000
Rent (comp-derived)$7,250$87,000
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$87,000
Vacancy rate (assumption) assumption8.0%

$87,000 × 8.0% = $6,960

Effective gross income$6,670$80,040
Property tax (placeholder 1.9% of price)$3,642$43,700
Insurance (est. scaled by flood & wind risk)$2,683$32,200
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$363$4,350
Total operating expenses$6,688$80,250
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$80,040
Total operating expenses derived$80,250

$80,040 − $80,250 = -$210

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$1,840,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$1,840,000 amortized at 6.7% over 30 years = $11,824/mo

CapEx reserve (5.0% of GSR)$363$4,350
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-$210
Annual debt service derived$141,892
Annual CapEx reserve assumption$4,350
Annual PMI assumption$0

(-$210 − $141,892 − $4,350 − $0) ÷ 12 = -$12,204

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived-$210
Purchase price data$2,300,000

-$210 ÷ $2,300,000 = -0.0%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$146,452
Total cash to close derived$575,000

-$146,452 ÷ $575,000 = -25.5%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived-$210
Annual debt service derived$141,892

-$210 ÷ $141,892 = -0.00

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$87,000
Purchase price data$2,300,000

($87,000 ÷ 12) ÷ $2,300,000 = 0.3%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$2,300,000
Gross scheduled rent (annual) comp$87,000

$2,300,000 ÷ $87,000 = 26.4

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$80,250
Effective gross income derived$80,040

$80,250 ÷ $80,040 = 100.3%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$80,250
Annual debt service derived$141,892
Annual PMI assumption$0
Gross scheduled rent (annual) comp$87,000

($80,250 + $141,892 + $0) ÷ $87,000 = 255.3%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family331,840$7,9902026-08-17
single_family321,739$7,3002026-07-01
single_family321,447$6,8002026-08-27
single_family321,442$6,5002026-08-10
single_family321,708$6,1002026-06-17
single_family321,565$12,5002026-08-06
single_family321,718$8,5002026-08-19
single_family321,748$10,000
single_family321,399$7,200
single_family321,641$6,0002026-09-01

4724 Orduna Dr

Coral Gables, 33146 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,840
Listed2026-08-17
Days on market

Asking rent: $7,990

View on Zillow →

1420 Baracoa Ave

Coral Gables, 33146 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,739
Listed2026-07-01
Days on market

Asking rent: $7,300

View on Zillow →

4943 Riviera Dr

Coral Gables, 33146 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,447
Listed2026-08-27
Days on market

Asking rent: $6,800

View on Zillow →

5406 S Le Jeune Rd

Coral Gables, 33146 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,442
Listed2026-08-10
Days on market

Asking rent: $6,500

View on Zillow →

1506 Delgado Ave

Coral Gables, 33146 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,708
Listed2026-06-17
Days on market

Asking rent: $6,100

View on Zillow →

5711 Michelangelo St

Coral Gables, 33146 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,565
Listed2026-08-06
Days on market

Asking rent: $12,500

View on Zillow →

625 Bird Rd

Coral Gables, 33146 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,718
Listed2026-08-19
Days on market

Asking rent: $8,500

View on Zillow →

5614 San Vicente St

Coral Gables, 33146 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,748
Listed
Days on market

Asking rent: $10,000

View on Zillow →

6000 Leonardo St

Coral Gables, 33146 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,399
Listed
Days on market

Asking rent: $7,200

View on Zillow →

1540 Sarria Ave

Coral Gables, 33146 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,641
Listed2026-09-01
Days on market

Asking rent: $6,000

View on Zillow →

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.

AddressTypeBedsBathsLiving sqftSale priceSale date
1505 Zoreta Avesingle_family321,454$1,000,0002026-08-21
1409 Bird Rdsingle_family321,650$1,180,0002026-08-12
434 Loretto Avesingle_family321,518$1,500,0002026-07-31
5510 Orduna Drsingle_family321,633$2,375,0002026-07-24
1431 Ancona Avesingle_family321,720$1,292,0002026-07-22
6809 Mentone Stsingle_family331,996$2,080,0002026-07-02
515 Daroco Avesingle_family322,195$2,475,0002026-06-29
1551 Ancona Avesingle_family321,892$1,400,0002026-06-15
6509 Riviera Drsingle_family333,268$2,550,0002026-06-09
4187 S Le Jeune Rdsingle_family321,540$1,950,0002026-05-27
1230 Bird Rdsingle_family332,307$1,370,0002026-05-21
5106 S Le Jeune Rdsingle_family321,464$1,200,0002026-05-15
6345 Maynada Stsingle_family342,978$1,900,0002026-05-08
1561 Bird Rdsingle_family321,679$905,0002026-05-01
1530 Zuleta Avesingle_family321,531$1,845,0002026-04-30
4950 Riviera Drsingle_family342,330$3,500,0002026-04-16
536 Jeronimo Drsingle_family342,498$4,250,0002026-04-15
516 Gerona Avesingle_family321,812$1,600,0002026-04-14
510 Gerona Avesingle_family331,880$1,750,0002026-04-06
4040 Palmarito Stsingle_family322,406$2,300,0002026-04-06
1439 Cecilia Avesingle_family321,607$1,125,0002026-03-31
1004 Cotorro Avesingle_family343,400$5,600,0002026-03-27
6901 Altamira Stsingle_family321,780$2,281,0022026-03-17
5533 Alhambra Cirsingle_family321,838$1,800,0002026-03-16
6011 Leonardo Stsingle_family322,085$2,100,0002026-03-16
6612 San Vicente Stsingle_family321,896$1,650,0002026-03-12
1435 Miller Rdsingle_family321,703$1,570,0002026-03-03
5516 Sardinia Stsingle_family321,698$1,445,0002026-02-27
1510 Urbino Avesingle_family332,224$2,000,0002026-02-26
1435 Blue Rdsingle_family321,512$1,350,0002026-02-04
1536 Alegriano Avesingle_family331,990$1,875,0002026-01-30
5906 Mallsingle_family321,934$2,060,0002026-01-08
4500 San Amaro Drsingle_family332,532$2,000,0002026-01-02
6110 Maggiore Stsingle_family322,283$2,500,0002025-12-26
1535 Mercado Avesingle_family332,080$1,450,0002025-12-22
5308 Riviera Drsingle_family332,017$3,200,0002025-12-17
520 Castania Avesingle_family321,955$2,105,0002025-12-05
700 Vilabella Avesingle_family321,579$1,490,0002025-12-04
6914 Mindello Stsingle_family321,485$2,050,0002025-11-17
1428 Trillo Avesingle_family321,809$146,0002025-10-27
4310 Santa Maria Stsingle_family333,270$3,600,0002025-10-23
1526 Dorado Avesingle_family321,492$1,600,0002025-10-16
1435 Palancia Avesingle_family332,314$1,915,0002025-10-10
4404 Alhambra Cirsingle_family333,594$2,550,0002025-10-06
431 Gerona Avesingle_family321,992$1,700,0002025-10-06
1523 Blue Rdsingle_family321,455$1,825,0002025-09-25
425 Cadagua Avesingle_family321,562$1,148,0002025-09-18
415 Garlenda Avesingle_family331,567$1,875,0002025-09-17
1217 Algardi Avesingle_family352,916$3,288,0002025-09-11

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.

AddressTypeBedsBathsSqftAsking priceDays on market
3775 S Le Jeune Rdsingle_family332,662$3,700,000
1201 Campo Sano Avesingle_family342,971$3,250,000
406 Miller Rdsingle_family321,593$1,975,000
1540 Dorado Avesingle_family331,606$1,750,000
6315 Maynada Stsingle_family322,019$1,998,000
1451 Urbino Avesingle_family332,912$3,499,000
932 Bird Rdsingle_family331,985$1,995,000
4310 Monserrate Stsingle_family332,259$2,400,000

10-year hold projection

IRR-7.1%
Equity multiple-0.19x
Total return (10yr)-$384,240
YearProperty valueNOICash flowLoan balanceEquity
1$2,369,000-$210-$146,452$1,820,050$548,950
2$2,440,070$185-$146,166$1,798,731$641,339
3$2,513,272$602-$145,861$1,775,947$737,325
4$2,588,670$1,041-$145,535$1,751,598$837,072
5$2,666,330$1,505-$145,189$1,725,578$940,752
6$2,746,320$1,993-$144,821$1,697,771$1,048,549
7$2,828,710$2,507-$144,430$1,668,054$1,160,656
8$2,913,571$3,047-$144,016$1,636,297$1,277,275
9$3,000,978$3,615-$143,577$1,602,358$1,398,620
10$3,091,008$4,213-$143,112$1,566,090$1,524,918
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.