119 Menores Ave Apt 11
Coral Gables, FL 33134 · condos · For Sale · 342 days on market
Asking price$164,000
0 beds 1 baths 275 sqft
Suggested offer$134,444$29,556 above the est. market value of $134,444.
View on Realtor.com →Listed by Marisa Stevenazzi · Investors 1 Realty, Inc.
Typecondos
Built1926
Price / sqft$596
Est. value (own analysis)$134,444
Rent estimate (own analysis)$1,550/mo
HOA$414/mo
Wind10/10Extreme$Heat10/10ExtremeFlood4/10moderate$Air2/10MinorWildfire1/10Minimal
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Statusfor_sale
Listed date2025-09-25
Removed date—
MLSMiamiMLS #A11885100
Coordinates25.75850, -80.25779
Address119 Menores Ave Apt 11
CityCoral Gables
StateFL
Zip33134
Listing ID6978951907
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 | $164,000 |
| Down payment (20.0%) | $32,800 |
| Loan amount | $131,200 |
| Closing costs (5.0%) | $8,200 |
| Total cash to close | $41,000 |
| Income | |
| Rent (comp-derived) | $1,550$18,600 |
| Vacancy loss (8.0%) | |
| Effective gross income | $1,426$17,112 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $260$3,116 |
| Insurance (est. scaled by flood & wind risk) | $175$2,099 |
| HOA dues | $414$4,968 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $78$930 |
| Total operating expenses | $926$11,113 |
| 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) | $78$930 |
| 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 | 0 | 1 | 250 | $1,300 | 2026-08-10 | — | |
| apartment | 0 | 1 | 206 | $1,450 | 2026-07-30 | — | |
| condos | 0 | 1 | 200 | $1,395 | 2026-08-11 | — | |
| apartment | 0 | 1 | 350 | $1,750 | 2026-07-24 | — | |
| condos | 0 | 1 | 255 | $1,400 | 2026-05-22 | — | |
| condos | 0 | 1 | 355 | $1,650 | 2026-07-24 | — | |
| condos | 0 | 1 | 355 | $1,700 | 2026-06-17 | — | |
| apartment | 0 | 1 | 255 | $1,600 | 2026-08-03 | — | |
| apartment | 0 | 1 | 255 | $1,550 | 2026-06-05 | — |
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 |
|---|---|---|---|---|---|---|
| 700 Biltmore Way Apt 314 | condos | 0 | 1 | 450 | $215,000 | 2026-07-30 |
| 124 Mendoza Ave Apt 6 | condos | 0 | 1 | 351 | $200,000 | 2026-07-10 |
| 126 Mendoza Ave Apt 5 | condos | 0 | 1 | 351 | $165,000 | 2026-07-01 |
| 700 Biltmore Way Apt 216 | condos | 0 | 1 | 440 | $218,000 | 2026-06-30 |
| 700 Biltmore Way Apt 1008 | condos | 0 | 1 | 450 | $220,000 | 2026-05-19 |
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 |
|---|---|---|---|---|---|---|
| 119 Menores Ave Unit 7A | condos | 0 | 1 | 275 | $159,900 | — |
| 124 Mendoza Ave Apt 4 | condos | 0 | 1 | 355 | $189,900 | — |
| 50 Menores Ave Apt 802 | condos | 0 | 1 | 583 | $275,000 | — |
| 700 Biltmore Way Apt 408 | condos | 0 | 1 | 450 | $229,900 | — |
| 119 Menores Ave Apt 2 | condos | 0 | 1 | 315 | $199,900 | — |
| 318 Majorca Ave Apt 304 | condos | 0 | 1 | 408 | $207,500 | — |
| 126 Mendoza Ave Apt 1 | condos | 0 | 1 | 351 | $182,000 | — |
| 700 Biltmore Way Apt 308 | condos | 0 | 1 | 450 | $315,000 | — |
10-year hold projection
IRR2.2%
Equity multiple1.36x
Total return (10yr)$36,004
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $168,920 | $5,999 | -$5,049 | $129,777 | $39,143 |
| 2 | $173,988 | $6,234 | -$4,836 | $128,257 | $45,730 |
| 3 | $179,207 | $6,478 | -$4,616 | $126,633 | $52,575 |
| 4 | $184,583 | $6,731 | -$4,388 | $124,896 | $59,687 |
| 5 | $190,121 | $6,993 | -$4,151 | $123,041 | $67,080 |
| 6 | $195,825 | $7,264 | -$3,906 | $121,058 | $74,766 |
| 7 | $201,699 | $7,545 | -$3,651 | $118,939 | $82,760 |
| 8 | $207,750 | $7,836 | -$3,388 | $116,675 | $91,076 |
| 9 | $213,983 | $8,137 | -$3,114 | $114,255 | $99,728 |
| 10 | $220,402 | $8,448 | -$2,831 | $111,669 | $108,734 |
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.