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About this home

Value meets opportunity in Coral Gables! This charming Coral Gables condo is ideal for both homeowners and investors. The residence is currently tenant-occupied on a month-to-month basis, with the tenant requiring 30–60 days’ notice to vacate. Inside, enjoy a sleek kitchen featuring granite countertops, stainless steel appliances, and in-unit laundry. A private balcony showcases beautiful city views, while complete impact glass offers storm protection. Puerta de Palmas offers resort-style amenities including a pool, sauna, spa/hot tub, fitness center, clubhouse, billiard room, putting green, BBQ/picnic area, valet parking, concierge lobby, and more. Perfectly located just steps from Miracle Mile, dining, shopping, and entertainment, this residence delivers the perfect blend of lifestyle, location, and value. The seller has paid off the special assessments, and the building is currently in the process of completing its milestone inspection upgrades. Property can be financed with as little at 10% down with a non-QM loan. Speak with Danny Martiney with GRA Mortgage for details!

Facts & features

Interior

  • Fire Sprinklers
  • Entrance Foyer
  • Walk-In Closet(s)

Exterior

  • Open Balcony

Appliances

  • Dishwasher
  • Disposal
  • Dryer
  • Electric Water Heater
  • Microwave
  • Electric Range
  • Refrigerator
  • Washer

Cooling & heating

  • Central Air
  • Electric
  • Central
  • Electric

Flooring

  • Carpet
  • Ceramic Floor
  • Tile

Parking

  • 1 Space
  • Assigned
  • Valet
  • Limited # Of Vehicle
  • No Rv/Boats
  • No Trucks/Trailers

View

  • Garden View
  • Other View

Community amenities

  • Barbecue
  • Billiard Room
  • Clubhouse-Clubroom
  • Elevator(s)
  • Exercise Room
  • Exterior Lighting
  • Pool
  • Putting Green
  • Sauna
  • Spa/Hot Tub

Security

  • Fire Sprinklers
  • Fire Alarm
  • Doorman
  • Elevator Secure
  • Card Entry
  • Secured Garage/Parking
  • Intercom In Lobby
  • Lobby Secured
  • Security Patrol

Maintenance includes

  • All Amenities
  • Building Exterior
  • Cable Tv
  • Common Area
  • Elevator
  • Insurance
  • Landscaping/Lawn Maintenance
  • Manager
  • Parking
  • Pool Service

Pets

  • More Than 20 Lbs

Construction & roof

  • CBS Construction

Assigned schools

Elementary

Sunset

Middle

Ponce De Leon

High

Coral Gables

School assignments should be independently verified.

Location

888 S Douglas Rd, Coral Gables

Mortgage Estimator

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Home priceUSD
Enter as digits, with commas, or shorthand: 1.9M · 1900K · 1,895,000
ZIP codeMiami-Dade
Miami-Dade County (exact match).
Payment typeFinanced
Conventional or jumbo loan, depending on size.
Down payment20% · $63,800
%
$255,200 financed
Loan termyears
Base rate% (760+ band)
Loading current market rate...
Your rate at 740-759:6.995%(base + 0.12%)
Primary residenceNo
No homestead exemption — full property tax applies.
Credit score banddrives rate
Lenders price LLPA adjustments by credit band. See impact panel for monthly + lifetime deltas.
Your finances optional, for DTI
Gross annual income
$
Other monthly debts
$
Household combined pre-tax income and the sum of your monthly debt-service payments (auto loans, student loans, credit-card minimums). We don't count groceries, utilities, or insurance — those don't factor into lender DTI.
Estimated monthly
$3,353
Per month, all-in
51%P&I SHARE
Monthly breakdown
  • Principal & interest$1,69751%
  • Property taxes$44613%
  • Insurance$2608%
  • HOA$95028%

Tax: From listing — annual tax of record.

Insurance: Direct coastal exposure — Florida hurricane corridor. Estimate; actual quote can be 30–50% higher on older homes or homes without wind mitigation.

Cash & qualification
Cash at closing
$80,046
Income to qualify
$144,000/yr
Credit-score impact

Improving from 740-759 to 760+ would save $21/mo and $7,384 over the life of this loan.

Over the life of the loan
Total paid
$610,918
Total interest
$355,718
Paid off
2056
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