4241 Aurora St Unit 708

Coral Gables, FL 33146 · condos · For Sale · 197 days on market
Asking price$1,264,000
1 beds 2 baths 895 sqft
Suggested offer$461,935$802,065 above the est. market value of $461,935.
View on Realtor.com →
Listed by Carlos Escoto · Douglas Elliman - Coconut Grove
Typecondos
Built2027
Price / sqft$1412
Est. value (own analysis)$461,935
Rent estimate (own analysis)$3,311/mo
HOA$1,656/mo
Street view
View full map & nearby schools →

Neighborhood

Show every detail
Statusfor_sale
Listed date2026-02-17
Removed date
MLSMiamiMLS #A11967365
Coordinates25.73269, -80.25912
Address4241 Aurora St Unit 708
CityCoral Gables
StateFL
Zip33146
Listing ID9773100594
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)

Purchase price$1,264,000
Down payment (20.0%)$252,800
Loan amount$1,011,200
Closing costs (5.0%)$63,200
Total cash to close$316,000
Rent (comp-derived)$3,311$39,732
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$39,732
Vacancy rate (assumption) assumption8.0%

$39,732 × 8.0% = $3,179

Effective gross income$3,046$36,553
Property tax (placeholder 1.9% of price)$2,001$24,016
Insurance (placeholder 0.8% of price)$843$10,112
HOA dues$1,656$19,872
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$166$1,987
Total operating expenses$4,666$55,987
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$36,553
Total operating expenses derived$55,987

$36,553 − $55,987 = -$19,433

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$1,011,200
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$1,011,200 amortized at 6.7% over 30 years = $6,498/mo

CapEx reserve (5.0% of GSR)$166$1,987
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-$19,433
Annual debt service derived$77,979
Annual CapEx reserve assumption$1,987
Annual PMI assumption$0

(-$19,433 − $77,979 − $1,987 − $0) ÷ 12 = -$8,283

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived-$19,433
Purchase price data$1,264,000

-$19,433 ÷ $1,264,000 = -1.5%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$99,399
Total cash to close derived$316,000

-$99,399 ÷ $316,000 = -31.5%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived-$19,433
Annual debt service derived$77,979

-$19,433 ÷ $77,979 = -0.25

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$39,732
Purchase price data$1,264,000

($39,732 ÷ 12) ÷ $1,264,000 = 0.3%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$1,264,000
Gross scheduled rent (annual) comp$39,732

$1,264,000 ÷ $39,732 = 31.8

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$55,987
Effective gross income derived$36,553

$55,987 ÷ $36,553 = 153.2%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$55,987
Annual debt service derived$77,979
Annual PMI assumption$0
Gross scheduled rent (annual) comp$39,732

($55,987 + $77,979 + $0) ÷ $39,732 = 337.2%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
apartment11679$2,609
apartment11835$2,890
apartment11858$3,222
apartment11810$2,965
apartment11721$2,901
apartment11752$2,850
apartment11793$2,834
apartment11778$2,941
apartment11710$3,166
apartment11844$3,322
apartment11806$4,701
apartment11810$2,950
apartment11818$2,789
apartment11778$2,875
apartment11725$2,809
apartment11710$3,166
apartment11785$3,958
apartment11608$3,3002024-12-19
apartment11690$1,8002026-04-01
apartment11703$4,0002026-08-27
apartment11690$1,8002026-08-13
condos12898$2,2502026-08-21
condos12898$2,4752026-06-26
condos11713$3,5002026-08-17
condos11605$2,6982026-07-29
condos11681$3,7002026-08-10
condos11778$3,7002026-08-06
condos11709$3,5002026-07-02
condos11692$3,8002026-07-21
condos12898$1,9992026-08-06
apartment11680$3,545
apartment11803$5,013
apartment11684$4,286
apartment11810$3,552
apartment11810$3,552
apartment11684$3,792
apartment11785$3,615
apartment11835$3,570
apartment11919$3,780
apartment11919$3,768
apartment11771$3,683
apartment11847$3,911

3760 Bird Rd Unit 106

Miami, 33146 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage679
Listed
Days on market

Asking rent: $2,609

View on Zillow →

310 Granello Ave # 516

Miami, 33146 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage835
Listed
Days on market

Asking rent: $2,890

View on Zillow →

4251 Salzedo St Unit 403

Miami, 33146 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage858
Listed
Days on market

Asking rent: $3,222

View on Zillow →

310 Granello Ave # 1040

Miami, 33146 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage810
Listed
Days on market

Asking rent: $2,965

View on Zillow →

3760 Bird Rd Unit 214

Miami, 33146 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage721
Listed
Days on market

Asking rent: $2,901

View on Zillow →

310 Granello Ave # 765

Miami, 33146 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage752
Listed
Days on market

Asking rent: $2,850

View on Zillow →

310 Granello Ave # 855

Miami, 33146 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage793
Listed
Days on market

Asking rent: $2,834

View on Zillow →

3880 Bird Rd # 6-621

Miami, 33146 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage778
Listed
Days on market

Asking rent: $2,941

View on Zillow →

3760 Bird Rd Unit 832

Miami, 33146 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage710
Listed
Days on market

Asking rent: $3,166

View on Zillow →

4251 Salzedo St Unit 612

Miami, 33146 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage844
Listed
Days on market

Asking rent: $3,322

View on Zillow →

1340 S Dixie Hwy Apt 1102

Miami, 33146 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage806
Listed
Days on market

Asking rent: $4,701

View on Zillow →

310 Granello Ave # 940

Miami, 33146 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage810
Listed
Days on market

Asking rent: $2,950

View on Zillow →

3760 Bird Rd Unit 120

Miami, 33146 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage818
Listed
Days on market

Asking rent: $2,789

View on Zillow →

3880 Bird Rd # 1-121

Miami, 33146 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage778
Listed
Days on market

Asking rent: $2,875

View on Zillow →

3760 Bird Rd Unit 643

Miami, 33146 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage725
Listed
Days on market

Asking rent: $2,809

View on Zillow →

3760 Bird Rd Unit 823

Miami, 33146 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage710
Listed
Days on market

Asking rent: $3,166

View on Zillow →

3880 Bird Rd # 3-332

Miami, 33146 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage785
Listed
Days on market

Asking rent: $3,958

View on Zillow →

3811 Shipping Ave Apt 125

Miami, 33146 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage608
Listed2024-12-19
Days on market

Asking rent: $3,300

View on Zillow →

1250 S Alhambra Cir Unit 12A

Coral Gables, 33146 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage690
Listed2026-04-01
Days on market

Asking rent: $1,800

View on Zillow →

301 Altara Ave Apt 403

Coral Gables, 33146 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage703
Listed2026-08-27
Days on market

Asking rent: $4,000

View on Zillow →

1250 S Alhambra Cir Apt 18

Coral Gables, 33146 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage690
Listed2026-08-13
Days on market

Asking rent: $1,800

View on Zillow →

1205 Mariposa Ave Apt 416

Coral Gables, 33146 · rent comp

Bedrooms / bathrooms1 bd / 2 ba
Square footage898
Listed2026-08-21
Days on market

Asking rent: $2,250

View on Zillow →

1205 Mariposa Ave Apt 428

Coral Gables, 33146 · rent comp

Bedrooms / bathrooms1 bd / 2 ba
Square footage898
Listed2026-06-26
Days on market

Asking rent: $2,475

View on Zillow →

301 Altara Ave Apt 623

Coral Gables, 33146 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage713
Listed2026-08-17
Days on market

Asking rent: $3,500

View on Zillow →

1150 Madruga Ave Apt A304

Coral Gables, 33146 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage605
Listed2026-07-29
Days on market

Asking rent: $2,698

View on Zillow →

301 Altara Ave Unit UPH1005

Coral Gables, 33146 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage681
Listed2026-08-10
Days on market

Asking rent: $3,700

View on Zillow →

301 Altara Ave Apt 630

Coral Gables, 33146 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage778
Listed2026-08-06
Days on market

Asking rent: $3,700

View on Zillow →

301 Altara Ave Apt 733

Coral Gables, 33146 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage709
Listed2026-07-02
Days on market

Asking rent: $3,500

View on Zillow →

301 Altara Ave Apt 520

Coral Gables, 33146 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage692
Listed2026-07-21
Days on market

Asking rent: $3,800

View on Zillow →

Coral Gables, 33146 · rent comp

Bedrooms / bathrooms1 bd / 2 ba
Square footage898
Listed2026-08-06
Days on market

Asking rent: $1,999

View on Zillow →

4131 Laguna St Apt 616

Coral Gables, 33146 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage680
Listed
Days on market

Asking rent: $3,545

View on Zillow →

1340 S Dixie Hwy Apt 929

Miami, 33146 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage803
Listed
Days on market

Asking rent: $5,013

View on Zillow →

4131 Laguna St Ph P02

Coral Gables, 33146 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage684
Listed
Days on market

Asking rent: $4,286

View on Zillow →

310 Granello Ave # 903

Miami, 33146 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage810
Listed
Days on market

Asking rent: $3,552

View on Zillow →

310 Granello Ave # 942

Miami, 33146 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage810
Listed
Days on market

Asking rent: $3,552

View on Zillow →

4131 Laguna St Apt 602

Coral Gables, 33146 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage684
Listed
Days on market

Asking rent: $3,792

View on Zillow →

3880 Bird Rd # 4-433

Miami, 33146 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage785
Listed
Days on market

Asking rent: $3,615

View on Zillow →

310 Granello Ave # 515

Miami, 33146 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage835
Listed
Days on market

Asking rent: $3,570

View on Zillow →

310 Granello Ave # 638

Miami, 33146 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage919
Listed
Days on market

Asking rent: $3,780

View on Zillow →

310 Granello Ave # 1038

Miami, 33146 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage919
Listed
Days on market

Asking rent: $3,768

View on Zillow →

310 Granello Ave # 868

Miami, 33146 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage771
Listed
Days on market

Asking rent: $3,683

View on Zillow →

3880 Bird Rd # 8-835

Miami, 33146 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage847
Listed
Days on market

Asking rent: $3,911

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
1280 S Alhambra Cir Apt 1105condos11620$320,0002026-07-10
1205 Mariposa Ave Apt 102condos11801$230,0002026-06-26
301 Altara Ave Apt 201condos11688$525,0002026-04-20
301 Altara Ave Apt 608condos11706$500,0002026-04-13
301 Altara Ave Unit LPH903condos11$540,0002025-12-22
6565 Santona St Unit B5condos11695$243,5002025-12-19
1235 Mariposa Ave Apt 8condos12934$262,0002025-11-10
301 Altara Ave Apt 625condos11724$525,0002025-09-30

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
6511 Santona St Unit C18condos11565$259,000
6511 Santona St Unit C6condos11612$240,000
1205 Mariposa Ave Apt 403condos12896$319,000
1205 Mariposa Ave Apt 304condos12898$327,000
301 Altara Ave Apt 418condos11713$600,000
301 Altara Ave Apt 805condos11681$690,000
4220 Laguna St Apt 308condos11706$890,000

10-year hold projection

IRR-10.9%
Equity multiple-0.87x
Total return (10yr)-$425,000
YearProperty valueNOICash flowLoan balanceEquity
1$1,301,920-$19,433-$99,399$1,000,236$301,684
2$1,340,978-$19,736-$99,751$988,520$352,458
3$1,381,207-$20,041-$100,107$975,999$405,208
4$1,422,643-$20,349-$100,467$962,618$460,025
5$1,465,322-$20,658-$100,829$948,318$517,004
6$1,509,282-$20,968-$101,195$933,036$576,246
7$1,554,561-$21,281-$101,563$916,705$637,855
8$1,601,197-$21,594-$101,935$899,253$701,945
9$1,649,233-$21,909-$102,309$880,601$768,632
10$1,698,710-$22,226-$102,686$860,669$838,041
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.