475 Amalfi Ave
Coral Gables, FL 33146 · single_family · For Sale · 142 days on market
Asking price$7,350,000
5 beds 5 baths 5,084 sqft
Suggested offer$5,193,831$2,156,169 above the est. market value of $5,193,831.
View on Realtor.com →Listed by Michael Falsetto · Compass Florida, LLC
Typesingle_family
Built2008
Price / sqft$1446
Est. value (own analysis)$5,193,831
Rent estimate (own analysis)$20,000/mo
HOANone
Wind10/10Extreme$Heat10/10ExtremeFlood6/10major$Air2/10MinorWildfire1/10Minimal
1 / 41
Show every detail
Statusfor_sale
Listed date2026-04-13
Removed date—
MLSMiamiMLS #A12000249
Coordinates25.72392, -80.26326
Address475 Amalfi Ave
CityCoral Gables
StateFL
Zip33146
Listing ID5641945394
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)
| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $7,350,000 |
| Down payment (20.0%) | $1,470,000 |
| Loan amount | $5,880,000 |
| Closing costs (5.0%) | $367,500 |
| Total cash to close | $1,837,500 |
| Income | |
| Rent (comp-derived) | $20,000$240,000 |
| Vacancy loss (8.0%) | |
| Effective gross income | $18,400$220,800 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $11,638$139,650 |
| Insurance (est. scaled by flood & wind risk) | $8,575$102,900 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $1,000$12,000 |
| Total operating expenses | $21,213$254,550 |
| 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) | $1,000$12,000 |
| 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
Same ZIP. Real active rental listings, used to derive the rent estimate above.
| Address | Type | Beds | Baths | Sqft | Asking rent | Listed | Days on market |
|---|---|---|---|---|---|---|---|
| single_family | 5 | 5 | 5,688 | $20,000 | 2026-04-01 | — | |
| single_family | 5 | 4 | 3,734 | $16,000 | 2026-05-29 | — | |
| single_family | 5 | 5 | 4,313 | $29,500 | 2026-05-08 | — |
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 |
|---|---|---|---|---|---|---|
| 6825 Riviera Dr | single_family | 5 | 4 | 3,401 | $2,675,000 | 2026-07-14 |
| 1426 Robbia Ave | single_family | 5 | 3 | 2,912 | $3,200,000 | 2026-06-17 |
| 1515 Urbino Ave | single_family | 5 | 7 | 4,111 | $5,100,000 | 2026-05-29 |
| 4819 University Dr | single_family | 5 | 4 | 3,451 | $3,850,000 | 2026-04-16 |
| 6636 Riviera Dr | single_family | 5 | 6 | 6,299 | $8,000,000 | 2026-04-03 |
| 4144 Pinta Ct | single_family | 5 | 4 | 4,329 | $5,200,000 | 2026-03-09 |
| 1033 Hardee Rd | single_family | 5 | 5 | 3,432 | $3,500,000 | 2026-01-20 |
| 1522 Zuleta Ave | single_family | 5 | 3 | 2,599 | $1,675,000 | 2025-11-12 |
| 1511 Alegriano Ave | single_family | 5 | 6 | 3,842 | $3,925,000 | 2025-10-29 |
| 1510 Sarria Ave | single_family | 5 | 5 | 3,360 | $3,025,000 | 2025-09-26 |
| 5008 Alhambra Cir | single_family | 5 | 5 | 2,630 | $1,337,500 | 2025-09-19 |
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 |
|---|---|---|---|---|---|---|
| 4041 S Le Jeune Rd | single_family | 5 | 6 | 4,208 | $7,550,000 | — |
| 1220 S Alhambra Cir | single_family | 5 | 6 | 4,074 | $5,950,000 | — |
| 1015 Bayamo Ave | single_family | 5 | 4 | 3,317 | $4,495,000 | — |
| 4128 Pinta Ct | single_family | 5 | 5 | 3,672 | $4,300,000 | — |
| 5111 Alhambra Cir | single_family | 5 | 6 | 4,214 | $5,750,000 | — |
| 4001 Santa Maria St | single_family | 5 | 4 | 3,166 | $3,800,000 | — |
| 6900 Barquera St | single_family | 5 | 6 | 4,993 | $5,290,000 | — |
| 4716 University Dr | single_family | 5 | 4 | 4,024 | $4,100,000 | — |
10-year hold projection
IRR-8.2%
Equity multiple-0.39x
Total return (10yr)-$1,586,307
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $7,570,500 | -$33,750 | -$499,188 | $5,816,248 | $1,754,252 |
| 2 | $7,797,615 | -$33,490 | -$499,227 | $5,748,118 | $2,049,497 |
| 3 | $8,031,543 | -$33,190 | -$499,235 | $5,675,309 | $2,356,235 |
| 4 | $8,272,490 | -$32,848 | -$499,209 | $5,597,500 | $2,674,989 |
| 5 | $8,520,664 | -$32,463 | -$499,146 | $5,514,349 | $3,006,316 |
| 6 | $8,776,284 | -$32,032 | -$499,047 | $5,425,487 | $3,350,798 |
| 7 | $9,039,573 | -$31,553 | -$498,907 | $5,330,522 | $3,709,050 |
| 8 | $9,310,760 | -$31,024 | -$498,726 | $5,229,037 | $4,081,723 |
| 9 | $9,590,083 | -$30,442 | -$498,500 | $5,120,583 | $4,469,500 |
| 10 | $9,877,785 | -$29,804 | -$498,228 | $5,004,680 | $4,873,105 |
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.