1805 Ponce De Leon Blvd Apt 616
Coral Gables, FL 33134 · condos · For Sale · 36 days on market
Asking price$449,500
1 beds 1 baths 882 sqft
Listed by Jenny Whisler · Realty Hub
Typecondos
Built2008
Price / sqft$510
Est. value (own analysis)$458,270
Rent estimate (own analysis)$3,000/mo
HOA$868/mo
Wind10/10Extreme$Heat10/10ExtremeFlood6/10major$Air2/10MinorWildfire1/10Minimal
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Statusfor_sale
Listed date2026-07-28
Removed date—
MLSMiamiMLS #A12061484
Coordinates25.75568, -80.25801
Address1805 Ponce De Leon Blvd Apt 616
CityCoral Gables
StateFL
Zip33134
Listing ID6604871392
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 | $449,500 |
| Down payment (20.0%) | $89,900 |
| Loan amount | $359,600 |
| Closing costs (5.0%) | $22,475 |
| Total cash to close | $112,375 |
| Income | |
| Rent (comp-derived) | $3,000$36,000 |
| Vacancy loss (8.0%) | |
| Effective gross income | $2,760$33,120 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $712$8,541 |
| Insurance (est. scaled by flood & wind risk) | $524$6,293 |
| HOA dues | $868$10,416 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $150$1,800 |
| Total operating expenses | $2,254$27,050 |
| 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) | $150$1,800 |
| 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 | 1 | 1 | 700 | $1,200 | 2026-07-09 | — | |
| condos | 1 | 1 | 653 | $2,100 | 2026-06-17 | — | |
| apartment | 1 | 1 | 700 | $1,695 | 2025-01-03 | — | |
| apartment | 1 | 1 | 650 | $2,275 | 2026-08-04 | — | |
| apartment | 1 | 1 | 775 | $2,923 | — | — | |
| apartment | 1 | 1 | 735 | $3,255 | — | — | |
| apartment | 1 | 1 | 1,045 | $4,506 | — | — | |
| apartment | 1 | 1 | 782 | $3,585 | — | — | |
| apartment | 1 | 1 | 760 | $3,335 | — | — | |
| apartment | 1 | 1 | 729 | $3,435 | — | — | |
| apartment | 1 | 1 | 729 | $3,445 | — | — | |
| apartment | 1 | 1 | 775 | $2,833 | 2025-10-22 | — | |
| apartment | 1 | 1 | 729 | $3,400 | 2025-12-05 | — | |
| apartment | 1 | 1 | 890 | $2,990 | 2026-07-07 | — | |
| apartment | 1 | 1 | 705 | $1,850 | 2026-08-12 | — | |
| apartment | 1 | 1 | 850 | $2,300 | 2026-08-03 | — | |
| apartment | 1 | 1 | 610 | $1,750 | 2026-08-07 | — | |
| apartment | 1 | 1 | 850 | $2,150 | 2026-08-11 | — | |
| condos | 1 | 1 | 617 | $2,100 | 2026-08-03 | — | |
| condos | 1 | 1 | 762 | $2,190 | 2026-06-27 | — | |
| apartment | 1 | 1 | 700 | $2,100 | 2026-08-17 | — | |
| apartment | 1 | 1 | 680 | $2,750 | 2026-08-24 | — | |
| apartment | 1 | 1 | 650 | $1,950 | 2026-07-28 | — | |
| condos | 1 | 1 | 735 | $2,300 | 2026-07-01 | — | |
| apartment | 1 | 1 | 765 | $1,700 | 2026-06-04 | — | |
| condos | 1 | 1 | 762 | $2,350 | 2026-08-13 | — | |
| condos | 1 | 2 | 729 | $2,395 | 2026-08-26 | — | |
| condos | 1 | 2 | 815 | $3,100 | 2026-08-27 | — | |
| apartment | 1 | 1 | 850 | $2,495 | 2026-08-27 | — | |
| condos | 1 | 2 | 929 | $3,500 | 2026-08-14 | — | |
| condos | 1 | 1 | 762 | $2,200 | 2026-07-23 | — | |
| condos | 1 | 1 | 798 | $2,700 | 2026-05-18 | — | |
| apartment | 1 | 2 | 885 | $3,000 | 2026-08-20 | — | |
| apartment | 1 | 1 | 700 | $1,850 | 2026-08-04 | — | |
| apartment | 1 | 1 | 697 | $2,800 | 2026-03-13 | — | |
| condos | 1 | 1 | 798 | $2,700 | 2026-08-18 | — | |
| condos | 1 | 2 | 780 | $3,000 | 2026-07-17 | — | |
| condos | 1 | 1 | 780 | $2,650 | 2026-03-22 | — | |
| condos | 1 | 2 | 781 | $3,300 | 2026-07-20 | — | |
| condos | 1 | 1 | 784 | $2,300 | 2026-06-11 | — | |
| condos | 1 | 1 | 753 | $3,000 | 2026-07-08 | — | |
| condos | 1 | 1 | 718 | $2,750 | 2026-07-09 | — | |
| condos | 1 | 1 | 770 | $3,000 | 2025-10-28 | — | |
| condos | 1 | 2 | 865 | $2,700 | 2026-05-19 | — | |
| condos | 1 | 2 | 780 | $3,100 | 2026-06-24 | — | |
| condos | 1 | 2 | 780 | $3,100 | 2026-05-28 | — | |
| apartment | 1 | 1 | 729 | $3,455 | 2026-05-10 | — | |
| apartment | 1 | 1 | 668 | $1,850 | — | — | |
| apartment | 1 | 1 | 800 | $1,850 | — | — | |
| condos | 1 | 1 | 840 | $2,775 | — | — | |
| apartment | 1 | 1 | 820 | $3,533 | — | — | |
| apartment | 1 | 1 | 902 | $3,999 | — | — | |
| apartment | 1 | 1 | 885 | $4,342 | — | — | |
| apartment | 1 | 1 | 777 | $3,433 | — | — | |
| apartment | 1 | 1 | 820 | $3,531 | — | — | |
| apartment | 1 | 1 | 735 | $3,495 | — | — | |
| apartment | 1 | 1 | 782 | $3,545 | — | — | |
| apartment | 1 | 1 | 735 | $3,400 | — | — | |
| apartment | 1 | 1 | 729 | $3,375 | — | — | |
| apartment | 1 | 1 | 735 | $3,530 | — | — | |
| apartment | 1 | 1 | 735 | $3,500 | — | — | |
| apartment | 1 | 1 | 782 | $3,350 | — | — | |
| apartment | 1 | 1 | 760 | $3,565 | — | — | |
| apartment | 1 | 1 | 760 | $3,585 | — | — | |
| apartment | 1 | 1 | 790 | $3,625 | — | — | |
| apartment | 1 | 1 | 760 | $3,600 | — | — | |
| apartment | 1 | 1 | 790 | $3,600 | — | — | |
| apartment | 1 | 1 | 844 | $3,845 | — | — | |
| apartment | 1 | 1 | 844 | $3,825 | — | — | |
| apartment | 1 | 1 | 844 | $3,690 | — | — | |
| apartment | 1 | 1 | 735 | $3,778 | — | — | |
| apartment | 1 | 1 | 844 | $3,845 | — | — | |
| apartment | 1 | 1 | 844 | $3,675 | — | — | |
| apartment | 1 | 1 | 650 | $2,077 | 2026-02-10 | — | |
| apartment | 1 | 1 | 884 | $3,859 | — | — | |
| apartment | 1 | 1 | 760 | $3,945 | — | — | |
| apartment | 1 | 1 | 839 | $4,032 | — | — | |
| apartment | 1 | 1 | 885 | $4,099 | — | — | |
| apartment | 1 | 1 | 585 | $1,800 | 2026-08-14 | — | |
| apartment | 1 | 1 | 680 | $2,750 | 2026-08-26 | — | |
| condos | 1 | 1 | 840 | $2,775 | 2026-08-29 | — | |
| apartment | 1 | 1 | 580 | $1,790 | 2026-09-01 | — | |
| apartment | 1 | 1 | 610 | $2,080 | 2026-02-04 | — |
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 |
|---|---|---|---|---|---|---|
| 100 Andalusia Ave Apt 410 | condos | 1 | 2 | 929 | $506,000 | 2026-07-31 |
| 1805 Ponce De Leon Blvd Apt 730 | condos | 1 | 1 | 697 | $412,000 | 2026-07-07 |
| 1805 Ponce De Leon Blvd Apt 823 | condos | 1 | 1 | 779 | $420,000 | 2026-06-30 |
| 55 Merrick Way Apt 507 | condos | 1 | 2 | 784 | $460,000 | 2026-06-18 |
| 721 Biltmore Way Apt 101 | condos | 1 | 2 | 948 | $550,000 | 2026-06-11 |
| 11 SW 52nd Ave Apt 7A | condos | 1 | 1 | 531 | $190,000 | 2026-06-09 |
| 55 Merrick Way Apt 505 | condos | 1 | 1 | 790 | $433,000 | 2026-06-03 |
| 126 Mendoza Ave Apt 2 | condos | 1 | 1 | 351 | $175,000 | 2026-04-08 |
| 700 Biltmore Way Apt 219 | condos | 1 | 1 | 790 | $353,000 | 2026-02-26 |
| 223 Calabria Ave Apt 10 | condos | 1 | 1 | 525 | $226,500 | 2026-02-25 |
| 50 Menores Ave Apt 828 | condos | 1 | 1 | 776 | $303,000 | 2026-01-16 |
| 55 Merrick Way Apt 624 | condos | 1 | 2 | 780 | $443,000 | 2025-12-31 |
| 1300 Ponce De Leon Blvd Apt 709 | condos | 1 | 2 | 937 | $530,000 | 2025-11-21 |
| 5271 SW 8th St Apt 207 | condos | 1 | 1 | 931 | $267,500 | 2025-11-12 |
| 700 Biltmore Way Apt 1005 | condos | 1 | 1 | 760 | $342,500 | 2025-10-03 |
| 50 Menores Ave Apt 829 | condos | 1 | 1 | 757 | $291,000 | 2025-09-30 |
| 10 Aragon Ave Ste 919 | condos | 1 | 1 | 798 | $485,000 | 2025-09-16 |
| 45 Antilla Ave Apt 2C | condos | 1 | 1 | 600 | $300,000 | 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 |
|---|---|---|---|---|---|---|
| 3881 W Flagler St Apt 319 | condos | 1 | 1 | 540 | $175,000 | — |
| 3881 W Flagler St Apt 316 | condos | 1 | 1 | 540 | $195,000 | — |
| 1715 Douglas Rd Unit 305 | condos | 1 | 1 | 557 | $634,900 | — |
| 11 SW 52nd Ave Apt 7B | condos | 1 | 1 | 531 | $185,000 | — |
| 3881 W Flagler St Apt 102 | condos | 1 | 1 | 540 | $190,000 | — |
| 3881 W Flagler St Apt 208 | condos | 1 | 1 | 540 | $189,900 | — |
| 215 SW 42nd Ave Apt 905 | condos | 1 | 2 | 699 | $339,000 | — |
| 888 S Douglas Rd Apt 1213 | condos | 1 | 1 | 728 | $319,000 | — |
10-year hold projection
IRR-3.8%
Equity multiple0.36x
Total return (10yr)-$12,713
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $462,985 | $6,071 | -$23,460 | $355,701 | $107,284 |
| 2 | $476,875 | $6,388 | -$23,188 | $351,534 | $125,340 |
| 3 | $491,181 | $6,718 | -$22,904 | $347,082 | $144,099 |
| 4 | $505,916 | $7,062 | -$22,607 | $342,323 | $163,593 |
| 5 | $521,094 | $7,419 | -$22,298 | $337,238 | $183,856 |
| 6 | $536,727 | $7,791 | -$21,976 | $331,803 | $204,923 |
| 7 | $552,828 | $8,178 | -$21,640 | $325,995 | $226,833 |
| 8 | $569,413 | $8,580 | -$21,290 | $319,789 | $249,624 |
| 9 | $586,496 | $8,998 | -$20,926 | $313,156 | $273,339 |
| 10 | $604,090 | $9,433 | -$20,546 | $306,068 | $298,023 |
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.