701 Bella Vista Ave

Coral Gables, FL 33156 · single_family · For Sale · 380 days on market
Asking price$8,750,000
6 beds 7 baths 4,980 sqft
Suggested offer$4,860,588$3,889,412 above the est. market value of $4,860,588.
View on Realtor.com →
Listed by Jill Balli · One Sotheby's International Realty
Typesingle_family
Built2011
Price / sqft$1757
Est. value (own analysis)$4,860,588
Rent estimate (own analysis)$27,000/mo
HOANone
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Neighborhood

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Statusfor_sale
Listed date2025-08-18
Removed date
MLSMiamiMLS #A11859747
Coordinates25.64875, -80.27340
Address701 Bella Vista Ave
CityCoral Gables
StateFL
Zip33156
Listing ID6746466962
Sourceus-real-estate-listings, cached 2026-08-31

ZIP market snapshot (33156)

Typical home value (ZHVI)$1,543,591
Typical rent (ZORI)$2,706/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$8,750,000
Down payment (20.0%)$1,750,000
Loan amount$7,000,000
Closing costs (5.0%)$437,500
Total cash to close$2,187,500
Rent (comp-derived)$27,000$324,000
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$324,000
Vacancy rate (assumption) assumption8.0%

$324,000 × 8.0% = $25,920

Effective gross income$24,840$298,080
Property tax (placeholder 1.9% of price)$13,854$166,250
Insurance (placeholder 0.8% of price)$5,833$70,000
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$1,350$16,200
Total operating expenses$21,038$252,450
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$298,080
Total operating expenses derived$252,450

$298,080 − $252,450 = $45,630

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

$7,000,000 amortized at 6.7% over 30 years = $44,984/mo

CapEx reserve (5.0% of GSR)$1,350$16,200
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$45,630
Annual debt service derived$539,807
Annual CapEx reserve assumption$16,200
Annual PMI assumption$0

($45,630 − $539,807 − $16,200 − $0) ÷ 12 = -$42,531

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$45,630
Purchase price data$8,750,000

$45,630 ÷ $8,750,000 = 0.5%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$510,377
Total cash to close derived$2,187,500

-$510,377 ÷ $2,187,500 = -23.3%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$45,630
Annual debt service derived$539,807

$45,630 ÷ $539,807 = 0.08

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$324,000
Purchase price data$8,750,000

($324,000 ÷ 12) ÷ $8,750,000 = 0.3%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$8,750,000
Gross scheduled rent (annual) comp$324,000

$8,750,000 ÷ $324,000 = 27.0

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$252,450
Effective gross income derived$298,080

$252,450 ÷ $298,080 = 84.7%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$252,450
Annual debt service derived$539,807
Annual PMI assumption$0
Gross scheduled rent (annual) comp$324,000

($252,450 + $539,807 + $0) ÷ $324,000 = 244.5%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family675,922$27,0002026-08-10
single_family644,282$14,0002026-07-16
single_family675,679$38,0002026-01-29

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 →

6065 SW 133rd St Unit 0

Pinecrest, 33156 · rent comp

Bedrooms / bathrooms6 bd / 4 ba
Square footage4,282
Listed2026-07-16
Days on market

Asking rent: $14,000

View on Zillow →

6355 SW 114th St

Pinecrest, 33156 · rent comp

Bedrooms / bathrooms6 bd / 7 ba
Square footage5,679
Listed2026-01-29
Days on market

Asking rent: $38,000

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
6650 SW 123rd Stsingle_family686,848$4,650,0002026-08-12
12510 Ramiro Stsingle_family643,350$2,900,0002026-08-07
9440 SW 62nd Ctsingle_family655,576$5,475,0002026-08-07
6920 SW 124th Stsingle_family685,926$6,500,0002026-07-30
6201 SW 96th Stsingle_family665,922$5,780,0002026-07-30
7750 SW 122nd Stsingle_family653,728$3,100,0002026-07-27
7825 SW 128th Stsingle_family655,349$6,350,0002026-07-15
6801 SW 94th Stsingle_family664,873$4,650,0002026-07-10
5400 Kerwood Oaks Drsingle_family678,765$7,500,0002026-06-26
6065 SW 133rd Stsingle_family644,282$2,360,0002026-06-18
11100 SW 64th Avesingle_family644,074$4,250,0002026-06-17
5770 SW 128th Stsingle_family655,005$3,500,0002026-06-08
555 Arvida Pkwysingle_family6813,147$26,202,6892026-05-29
11155 SW 85th Ctsingle_family674,735$2,394,9902026-05-19
13351 SW 57th Ctsingle_family643,662$1,901,0002026-05-18
8955 SW 63rd Ctsingle_family677,709$8,400,0002026-04-29
5400 Banyan Trlsingle_family686,831$7,675,0002026-04-28
625 Reinante Avesingle_family698,016$47,000,0002026-04-23
10100 Lakeside Drsingle_family678,534$9,050,0002026-04-20
6200 Moss Ranch Rdsingle_family676,609$6,900,0002026-04-17
6480 SW 107th Stsingle_family655,257$3,600,0002026-04-15
6031 SW 88th Stsingle_family676,767$7,350,0002026-04-15
5501 Snapper Creek Rdsingle_family686,562$11,100,0002026-04-01
180 Solano Pradosingle_family686,753$13,000,0002026-03-30
11907 SW 70th Avesingle_family675,848$5,500,0002026-03-19
6830 SW 104th Stsingle_family666,551$7,300,0002026-03-11
10105 SW 71st Avesingle_family643,538$2,995,0002026-03-09
6220 SW 123rd Tersingle_family675,019$3,200,0002026-02-23
6831 SW 106th Stsingle_family698,540$7,202,0002026-02-10

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
9001-9143 SW 77th Avemulti_family65$4,500,000
8350 SW 98th Stsingle_family657,953$4,500,000
9840 SW 73rd Ctsingle_family686,841$6,499,000
11011 Marin Stsingle_family645,457$5,999,999
6600 SW 111th Stsingle_family677,563$5,785,000
7830 SW 117th Stsingle_family685,759$5,495,999
7765 SW 133rd Tersingle_family67$2,000,000
6700 SW 132nd Stsingle_family669,454$6,695,000

10-year hold projection

IRR-5.7%
Equity multiple0.05x
Total return (10yr)-$939,385
YearProperty valueNOICash flowLoan balanceEquity
1$9,012,500$45,630-$510,377$6,924,104$2,088,396
2$9,282,875$48,261-$508,151$6,842,997$2,439,878
3$9,561,361$51,003-$505,824$6,756,320$2,805,041
4$9,848,202$53,859-$503,393$6,663,690$3,184,512
5$10,143,648$56,834-$500,854$6,564,700$3,578,948
6$10,447,958$59,932-$498,203$6,458,912$3,989,046
7$10,761,396$63,159-$495,435$6,345,859$4,415,537
8$11,084,238$66,517-$492,546$6,225,043$4,859,195
9$11,416,765$70,013-$489,532$6,095,930$5,320,835
10$11,759,268$73,651-$486,387$5,957,951$5,801,317
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.