6941 Sunrise Ct

Coral Gables, FL 33133 · single_family · For Sale · 98 days on market
Asking price$40,000,000
6 beds 8 baths — sqft
Suggested offer$12,500,000$27,500,000 above the est. market value of $12,500,000.
View on Realtor.com →
Listed by Lourdes Alatriste · Douglas Elliman
Typesingle_family
Built2026
Price / sqft
Est. value (own analysis)$12,500,000
Rent estimate (own analysis)$30,000/mo
HOANone
Street view
View full map & nearby schools →

Neighborhood

Show every detail
Statusfor_sale
Listed date2026-05-27
Removed date
MLSMiamiMLS #A12025783
Coordinates25.70529, -80.24896
Address6941 Sunrise Ct
CityCoral Gables
StateFL
Zip33133
Listing ID5741967184
Sourceus-real-estate-listings, cached 2026-08-30

ZIP market snapshot (33133)

Typical home value (ZHVI)$1,352,044
Typical rent (ZORI)$3,793/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$40,000,000
Down payment (20.0%)$8,000,000
Loan amount$32,000,000
Closing costs (5.0%)$2,000,000
Total cash to close$10,000,000
Rent (comp-derived)$30,000$360,000
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$360,000
Vacancy rate (assumption) assumption8.0%

$360,000 × 8.0% = $28,800

Effective gross income$27,600$331,200
Property tax (placeholder 1.9% of price)$63,333$760,000
Insurance (placeholder 0.8% of price)$26,667$320,000
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$1,500$18,000
Total operating expenses$91,500$1,098,000
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$331,200
Total operating expenses derived$1,098,000

$331,200 − $1,098,000 = -$766,800

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$32,000,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$32,000,000 amortized at 6.7% over 30 years = $205,641/mo

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

Monthly Cash Flow

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

NOI derived-$766,800
Annual debt service derived$2,467,687
Annual CapEx reserve assumption$18,000
Annual PMI assumption$0

(-$766,800 − $2,467,687 − $18,000 − $0) ÷ 12 = -$271,041

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived-$766,800
Purchase price data$40,000,000

-$766,800 ÷ $40,000,000 = -1.9%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$3,252,487
Total cash to close derived$10,000,000

-$3,252,487 ÷ $10,000,000 = -32.5%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived-$766,800
Annual debt service derived$2,467,687

-$766,800 ÷ $2,467,687 = -0.31

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$360,000
Purchase price data$40,000,000

($360,000 ÷ 12) ÷ $40,000,000 = 0.1%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$40,000,000
Gross scheduled rent (annual) comp$360,000

$40,000,000 ÷ $360,000 = 111.1

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$1,098,000
Effective gross income derived$331,200

$1,098,000 ÷ $331,200 = 331.5%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$1,098,000
Annual debt service derived$2,467,687
Annual PMI assumption$0
Gross scheduled rent (annual) comp$360,000

($1,098,000 + $2,467,687 + $0) ÷ $360,000 = 990.5%

Comparables

Widened to city-wide. Real active rental listings, used to derive the rent estimate above.

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family689,099$85,0002026-05-04
single_family655,396$30,0002026-02-13
single_family675,922$27,0002026-08-10

26 Tahiti Beach Island Rd

Coral Gables, 33143 · rent comp

Bedrooms / bathrooms6 bd / 8 ba
Square footage9,099
Listed2026-05-04
Days on market

Asking rent: $85,000

View on Zillow →

129 Gavilan Ave

Coral Gables, 33143 · rent comp

Bedrooms / bathrooms6 bd / 5 ba
Square footage5,396
Listed2026-02-13
Days on market

Asking rent: $30,000

View on Zillow →

1410 Tagus Ave

Coral Gables, 33156 · rent comp

Bedrooms / bathrooms6 bd / 7 ba
Square footage5,922
Listed2026-08-10
Days on market

Asking rent: $27,000

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
2496 Abaco Avesingle_family653,417$2,699,9992026-08-19
6970 Sunrise Drsingle_family676,460$13,000,0002026-08-13
4040 Kiaora Stsingle_family688,833$22,500,0002026-07-27
215 S Shore Drsingle_family664,626$6,500,0002026-07-10
6850 Sunrise Ctsingle_family685,551$16,350,0002026-06-15
6853 Sunrise Ctsingle_family685,431$16,300,0002026-05-18
3701 Park Avesingle_family676,707$12,600,0002026-04-30
3069 Hibiscus Stsingle_family664,136$1,800,0002026-03-16
2910 Emathla Stsingle_family689,143$12,500,0002026-02-09
3700 Hibiscus Stsingle_family675,458$10,725,0002026-02-04
1661 Onaway Drsingle_family676,281$8,150,0002026-02-04
3200 Calusa Stsingle_family675,248$6,200,0002026-02-03
3467 N Moorings Waysingle_family676,268$16,500,0002026-01-22
3320 Devon Rdsingle_family666,355$14,970,0002026-01-21
2931 Emathla Stsingle_family646,218$10,345,0002025-12-18

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
3835 Carole Ctsingle_family689,561$16,400,000
2655 S Bayshore Dr Unit 1801-02condos674,833$14,750,000
2100 SW 25th Stsingle_family632,147$450,000
2884 SW 36th Avemulti_family642,932$1,279,000
3231 SW 25th Stmulti_family632,027$1,075,000
3036 Center Stmulti_family642,322$1,795,000
2635 SW 34th Ctmulti_family642,942$1,275,000
1818 Espanola Drsingle_family654,334$4,195,000

10-year hold projection

IRR-11.7%
Equity multiple-1.01x
Total return (10yr)-$14,862,709
YearProperty valueNOICash flowLoan balanceEquity
1$41,200,000-$766,800-$3,252,487$31,653,049$9,546,951
2$42,436,000-$784,314-$3,270,451$31,282,272$11,153,728
3$43,709,080-$802,216-$3,288,815$30,886,034$12,823,046
4$45,020,352-$820,515-$3,307,586$30,462,586$14,557,767
5$46,370,963-$839,218-$3,326,774$30,010,059$16,360,904
6$47,762,092-$858,335-$3,346,387$29,526,456$18,235,636
7$49,194,955-$877,873-$3,366,435$29,009,644$20,185,310
8$50,670,803-$897,843-$3,386,927$28,457,342$22,213,461
9$52,190,927-$918,252-$3,407,871$27,867,113$24,323,814
10$53,756,655-$939,111-$3,429,278$27,236,352$26,520,303
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.