4241 Aurora St Ph 1205
Coral Gables, FL 33146 · condos · For Sale · 117 days on market
Asking price$4,088,000
3 beds 4 baths 2,651 sqft
Suggested offer$952,266$3,135,734 above the est. market value of $952,266.
View on Realtor.com →Listed by Lourdes Alatriste · Douglas Elliman
Typecondos
Built2028
Price / sqft$1542
Est. value (own analysis)$952,266
Rent estimate (own analysis)$7,053/mo
HOA$4,905/mo
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Statusfor_sale
Listed date2026-05-08
Removed date—
MLSMiamiMLS #A12014103
Coordinates25.73269, -80.25912
Address4241 Aurora St Ph 1205
CityCoral Gables
StateFL
Zip33146
Listing ID9674471344
Sourceus-real-estate-listings, cached 2026-08-31
ZIP market snapshot (33146)
Typical home value (ZHVI)$1,955,688
Typical rent (ZORI)$3,608/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 | $4,088,000 |
| Down payment (20.0%) | $817,600 |
| Loan amount | $3,270,400 |
| Closing costs (5.0%) | $204,400 |
| Total cash to close | $1,022,000 |
| Income | |
| Rent (comp-derived) | $7,053$84,636 |
| Vacancy loss (8.0%) | |
| Effective gross income | $6,489$77,865 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $6,473$77,672 |
| Insurance (placeholder 0.8% of price) | $2,725$32,704 |
| HOA dues | $4,905$58,860 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $353$4,232 |
| Total operating expenses | $14,456$173,468 |
| 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) | $353$4,232 |
| 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 | 3,416 | $5,500 | 2026-03-10 | — | |
| apartment | 3 | 3 | 1,757 | $7,873 | — | — | |
| apartment | 3 | 2 | 1,802 | $7,053 | — | — |
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 |
|---|---|---|---|---|---|---|
| 568 Loretto Ave Unit 11 | condos | 3 | 3 | 2,305 | $1,750,000 | 2026-05-20 |
| 550 Loretto Ave Unit 16 | condos | 3 | 3 | 2,305 | $1,825,000 | 2026-05-13 |
| 1239 Mariposa Ave Apt 3 | condos | 3 | 2 | 1,421 | $489,126 | 2025-10-14 |
| 1239 Mariposa Ave Apt 7 | condos | 3 | 2 | 1,546 | $509,250 | 2025-10-14 |
| 1239 Mariposa Ave Apt 2 | condos | 3 | 2 | 1,403 | $525,000 | 2025-10-14 |
| 1239 Mariposa Ave Apt 6 | condos | 3 | 2 | 1,403 | $482,932 | 2025-10-14 |
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 |
|---|---|---|---|---|---|---|
| 3775 S Le Jeune Rd | single_family | 3 | 3 | 2,662 | $3,700,000 | — |
| 1201 Campo Sano Ave | single_family | 3 | 4 | 2,971 | $3,250,000 | — |
| 5111 Maggiore St | single_family | 3 | 2 | 1,367 | $2,300,000 | — |
| 406 Miller Rd | single_family | 3 | 2 | 1,593 | $1,975,000 | — |
| 1540 Dorado Ave | single_family | 3 | 3 | 1,606 | $1,750,000 | — |
| 6315 Maynada St | single_family | 3 | 2 | 2,019 | $1,998,000 | — |
| 1451 Urbino Ave | single_family | 3 | 3 | 2,912 | $3,499,000 | — |
| 932 Bird Rd | single_family | 3 | 3 | 1,985 | $1,995,000 | — |
10-year hold projection
IRR-12.8%
Equity multiple-1.21x
Total return (10yr)-$1,727,402
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $4,210,640 | -$95,603 | -$352,032 | $3,234,942 | $975,698 |
| 2 | $4,336,959 | -$97,603 | -$354,139 | $3,197,048 | $1,139,911 |
| 3 | $4,467,068 | -$99,643 | -$356,286 | $3,156,553 | $1,310,515 |
| 4 | $4,601,080 | -$101,721 | -$358,475 | $3,113,276 | $1,487,804 |
| 5 | $4,739,112 | -$103,838 | -$360,707 | $3,067,028 | $1,672,084 |
| 6 | $4,881,286 | -$105,996 | -$362,981 | $3,017,604 | $1,863,682 |
| 7 | $5,027,724 | -$108,194 | -$365,300 | $2,964,786 | $2,062,939 |
| 8 | $5,178,556 | -$110,434 | -$367,662 | $2,908,341 | $2,270,216 |
| 9 | $5,333,913 | -$112,716 | -$370,070 | $2,848,019 | $2,485,894 |
| 10 | $5,493,930 | -$115,041 | -$372,524 | $2,783,555 | $2,710,375 |
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.