10 Aragon Ave Ste 1602
Coral Gables, FL 33134 · condos · For Sale · 7 days on market
Asking price$1,750,000
3 beds 2 baths 1,309 sqft
Suggested offer$800,962$949,038 above the est. market value of $800,962.
View on Realtor.com →Listed by Liz Hogan · COMPASS
Typecondos
Built2004
Price / sqft$1337
Est. value (own analysis)$800,962
Rent estimate (own analysis)$7,195/mo
HOA$1,819/mo
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Statusfor_sale
Listed date2026-08-26
Removed date—
MLSMiamiMLS #A12076850
Coordinates25.75028, -80.25610
Address10 Aragon Ave Ste 1602
CityCoral Gables
StateFL
Zip33134
Listing ID6159846492
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 | $1,750,000 |
| Down payment (20.0%) | $350,000 |
| Loan amount | $1,400,000 |
| Closing costs (5.0%) | $87,500 |
| Total cash to close | $437,500 |
| Income | |
| Rent (comp-derived) | $7,195$86,340 |
| Vacancy loss (8.0%) | |
| Effective gross income | $6,619$79,433 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $2,771$33,250 |
| Insurance (placeholder 0.8% of price) | $1,167$14,000 |
| HOA dues | $1,819$21,828 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $360$4,317 |
| Total operating expenses | $6,116$73,395 |
| 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) | $360$4,317 |
| 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 |
|---|---|---|---|---|---|---|---|
| apartment | 3 | 2 | 1,460 | $4,000 | 2026-08-15 | — | |
| condos | 3 | 2 | 1,288 | $2,800 | 2026-07-15 | — | |
| apartment | 3 | 2 | 1,600 | $3,200 | 2026-07-08 | — | |
| apartment | 3 | 2 | 1,100 | $3,550 | 2024-11-05 | — | |
| apartment | 3 | 2 | 1,312 | $4,721 | — | — | |
| apartment | 3 | 2 | 1,312 | $4,417 | — | — | |
| apartment | 3 | 2 | 1,312 | $4,854 | — | — | |
| condos | 3 | 3 | 1,165 | $3,800 | 2026-07-03 | — | |
| condos | 3 | 3 | 1,650 | $5,500 | 2026-08-28 | — | |
| condos | 3 | 2 | 1,654 | $6,000 | 2026-06-24 | — | |
| condos | 3 | 2 | 1,351 | $5,800 | 2026-08-10 | — | |
| apartment | 3 | 3 | 1,485 | $7,495 | 2026-06-03 | — | |
| apartment | 3 | 2 | 1,365 | $3,400 | 2026-08-04 | — | |
| apartment | 3 | 2 | 1,458 | $4,850 | 2026-07-21 | — | |
| apartment | 3 | 2 | 1,544 | $8,999 | — | — | |
| apartment | 3 | 3 | 1,485 | $7,245 | — | — | |
| apartment | 3 | 3 | 1,572 | $9,405 | — | — | |
| apartment | 3 | 2 | 1,312 | $5,238 | — | — | |
| apartment | 3 | 3 | 1,446 | $6,743 | — | — | |
| apartment | 3 | 3 | 1,446 | $6,683 | — | — | |
| apartment | 3 | 3 | 1,446 | $7,188 | — | — | |
| apartment | 3 | 3 | 1,446 | $7,238 | — | — | |
| apartment | 3 | 3 | 1,564 | $8,028 | — | — | |
| apartment | 3 | 2 | 1,481 | $7,653 | — | — | |
| apartment | 3 | 3 | 1,569 | $7,850 | — | — | |
| apartment | 3 | 2 | 1,406 | $7,723 | — | — | |
| apartment | 3 | 2 | 1,470 | $7,583 | — | — | |
| apartment | 3 | 3 | 1,637 | $7,973 | — | — | |
| apartment | 3 | 2 | 1,470 | $7,578 | — | — | |
| apartment | 3 | 2 | 1,481 | $7,613 | — | — | |
| apartment | 3 | 2 | 1,470 | $7,598 | — | — | |
| apartment | 3 | 2 | 1,470 | $7,608 | — | — | |
| apartment | 3 | 3 | 1,637 | $7,943 | — | — | |
| apartment | 3 | 3 | 1,470 | $7,610 | — | — | |
| apartment | 3 | 3 | 1,485 | $7,195 | — | — |
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 |
|---|---|---|---|---|---|---|
| 441 Valencia Ave Apt 1201 | condos | 3 | 4 | 1,713 | $1,275,000 | 2026-08-26 |
| 55 Merrick Way Apt 831 | condos | 3 | 2 | 1,553 | $915,000 | 2026-08-10 |
| 650 Valencia Ave Unit 302 | condos | 3 | 3 | 2,365 | $1,510,000 | 2026-08-06 |
| 55 Merrick Way Apt 812 | condos | 3 | 3 | 1,611 | $975,000 | 2026-08-03 |
| 626 Coral Way Apt 503 | condos | 3 | 2 | 1,531 | $1,175,000 | 2026-07-17 |
| 700 Coral Way Apt 5 | condos | 3 | 3 | 3,200 | $1,950,000 | 2026-06-30 |
| 888 S Douglas Rd Apt 404 | condos | 3 | 2 | 1,351 | $606,000 | 2026-06-11 |
| 626 Coral Way Apt 1104 | condos | 3 | 3 | 2,100 | $1,673,250 | 2026-05-05 |
| 10 Aragon Ave Ste 1105 | condos | 3 | 2 | 1,654 | $839,598 | 2026-04-30 |
| 2030 S Douglas Rd Apt 511 | condos | 3 | 2 | 1,337 | $580,000 | 2026-04-14 |
| 642 Valencia Ave Unit 207 | condos | 3 | 4 | 2,264 | $1,680,000 | 2026-01-16 |
| 700 Biltmore Way Apt 710 | condos | 3 | 4 | 2,190 | $750,000 | 2025-12-16 |
| 626 Coral Way Apt 402 | condos | 3 | 3 | 2,100 | $1,425,000 | 2025-09-29 |
| 610 Valencia Ave Apt 503 | condos | 3 | 3 | 2,860 | $1,750,000 | 2025-09-02 |
| 1805 Ponce De Leon Blvd Apt 1200 | condos | 3 | 2 | 1,702 | $1,325,000 | 2025-08-29 |
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 |
|---|---|---|---|---|---|---|
| 540 SW 39th Ave | single_family | 3 | 3 | 2,496 | $895,000 | — |
| 4353 SW 2nd St | single_family | 3 | 3 | 1,637 | $819,999 | — |
| 4630 SW 3rd St | single_family | 3 | 2 | 1,468 | $960,000 | — |
| 4840 SW 5th Ter | single_family | 3 | 2 | 1,365 | $765,000 | — |
| 4261 SW 12th St | single_family | 3 | 2 | 1,508 | $1,080,000 | — |
| 20 SW 48th Ave | single_family | 3 | 2 | 1,535 | $749,500 | — |
| 3730 SW 28th St | townhomes | 3 | 4 | 2,010 | $1,399,000 | — |
| 3769 SW 27th Ln Unit 3769 | townhomes | 3 | 4 | 2,284 | $1,375,000 | — |
10-year hold projection
IRR-6.2%
Equity multiple-0.05x
Total return (10yr)-$229,379
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $1,802,500 | $6,038 | -$106,241 | $1,384,821 | $417,679 |
| 2 | $1,856,575 | $6,586 | -$105,800 | $1,368,599 | $487,976 |
| 3 | $1,912,272 | $7,160 | -$105,337 | $1,351,264 | $561,008 |
| 4 | $1,969,640 | $7,760 | -$104,850 | $1,332,738 | $636,902 |
| 5 | $2,028,730 | $8,388 | -$104,339 | $1,312,940 | $715,790 |
| 6 | $2,089,592 | $9,045 | -$103,801 | $1,291,782 | $797,809 |
| 7 | $2,152,279 | $9,731 | -$103,237 | $1,269,172 | $883,108 |
| 8 | $2,216,848 | $10,449 | -$102,644 | $1,245,008 | $971,839 |
| 9 | $2,283,353 | $11,198 | -$102,023 | $1,219,186 | $1,064,167 |
| 10 | $2,351,854 | $11,981 | -$101,371 | $1,191,590 | $1,160,264 |
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.