2712 S Le Jeune Rd

Coral Gables, FL 33134 · townhomes · For Sale · 63 days on market
Asking price$1,816,000
3 beds 3 baths 1,481 sqft
Suggested offer$710,085$1,105,915 above the est. market value of $710,085.
View on Realtor.com →
Listed by Dora Puig · Luxe Living Realty
Typetownhomes
Built2026
Price / sqft$1226
Est. value (Zillow, adjusted)$710,085
Rent estimate (own analysis)$3,995/mo
HOANone
Show every detail
Statusfor_sale
Listed date2026-07-01
Removed date
MLSMiamiMLS #A12046637
Coordinates
Address2712 S Le Jeune Rd
CityCoral Gables
StateFL
Zip33134
Listing ID9233015983
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)

Purchase price$1,816,000
Down payment (20.0%)$363,200
Loan amount$1,452,800
Closing costs (5.0%)$90,800
Total cash to close$454,000
Rent (comp-derived)$3,995$47,940
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$47,940
Vacancy rate (assumption) assumption8.0%

$47,940 × 8.0% = $3,835

Effective gross income$3,675$44,105
Property tax (placeholder 1.9% of price)$2,875$34,504
Insurance (placeholder 0.8% of price)$1,211$14,528
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$200$2,397
Total operating expenses$4,286$51,429
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$44,105
Total operating expenses derived$51,429

$44,105 − $51,429 = -$7,324

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$1,452,800
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$1,452,800 amortized at 6.7% over 30 years = $9,336/mo

CapEx reserve (5.0% of GSR)$200$2,397
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-$7,324
Annual debt service derived$112,033
Annual CapEx reserve assumption$2,397
Annual PMI assumption$0

(-$7,324 − $112,033 − $2,397 − $0) ÷ 12 = -$10,146

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived-$7,324
Purchase price data$1,816,000

-$7,324 ÷ $1,816,000 = -0.4%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$121,754
Total cash to close derived$454,000

-$121,754 ÷ $454,000 = -26.8%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived-$7,324
Annual debt service derived$112,033

-$7,324 ÷ $112,033 = -0.07

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$47,940
Purchase price data$1,816,000

($47,940 ÷ 12) ÷ $1,816,000 = 0.2%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$1,816,000
Gross scheduled rent (annual) comp$47,940

$1,816,000 ÷ $47,940 = 37.9

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$51,429
Effective gross income derived$44,105

$51,429 ÷ $44,105 = 116.6%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$51,429
Annual debt service derived$112,033
Annual PMI assumption$0
Gross scheduled rent (annual) comp$47,940

($51,429 + $112,033 + $0) ÷ $47,940 = 341.0%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
townhomes321,228$3,9002026-07-07
townhomes321,200$3,9952026-08-20
townhomes331,641$7,9502026-06-30

3801 Ponce De Leon Blvd Unit 3803

Coral Gables, 33134 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,228
Listed2026-07-07
Days on market

Asking rent: $3,900

View on Zillow →

400 Cadima Ave Unit 0

Coral Gables, 33134 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,200
Listed2026-08-20
Days on market

Asking rent: $3,995

View on Zillow →

3406 Ponce De Leon Blvd

Coral Gables, 33134 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,641
Listed2026-06-30
Days on market

Asking rent: $7,950

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
2600 Cardena St Ph 4townhomes331,852$1,100,0002026-08-06

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
540 SW 39th Avesingle_family332,496$895,000
4353 SW 2nd Stsingle_family331,637$819,999
4630 SW 3rd Stsingle_family321,468$960,000
4840 SW 5th Tersingle_family321,365$765,000
4261 SW 12th Stsingle_family321,508$1,080,000
20 SW 48th Avesingle_family321,535$749,500
3730 SW 28th Sttownhomes342,010$1,399,000
3769 SW 27th Ln Unit 3769townhomes342,284$1,375,000

10-year hold projection

IRR-8.0%
Equity multiple-0.35x
Total return (10yr)-$376,930
YearProperty valueNOICash flowLoan balanceEquity
1$1,870,480-$7,324-$121,754$1,437,048$433,432
2$1,926,594-$7,287-$121,777$1,420,215$506,379
3$1,984,392-$7,242-$121,793$1,402,226$582,166
4$2,043,924-$7,189-$121,803$1,383,002$660,922
5$2,105,242-$7,128-$121,806$1,362,457$742,785
6$2,168,399-$7,058-$121,803$1,340,501$827,897
7$2,233,451-$6,978-$121,791$1,317,038$916,413
8$2,300,454-$6,890-$121,772$1,291,964$1,008,491
9$2,369,468-$6,791-$121,744$1,265,168$1,104,301
10$2,440,552-$6,681-$121,707$1,236,531$1,204,021
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.