1212 Sorolla Avenue
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 9, 2026 | Sold | ||
| Sold | |||
| Dec 13, 2025 | In contract | - | |
| In contract | |||
| Dec 4, 2025 | Listed | $7,950,000 | |
| Listed | |||
| | |||
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Experience timeless luxury in the heart of Coral Gables, just minutes from dining, shopping, and the historic Miracle Mile. This newly built estate offer 5,358sqft of living space on over half an acre and fuses timeless Spanish character with modern sophistication. Vaulted ceilings with exposed beams crown a dramatic great room wrapped in corner windows and steel-frame glass doors that erase the boundary between indoors and out.
The showpiece chef’s kitchen centers on a custom L’Atelier range and marble surfaces, complemented by Sub-Zero refrigeration and wine cooler, a Wolf oven, and a built-in Miele coffee system. Spa-level bathrooms feature striking marble and Waterworks fixtures, while an integrated Lutron smart system unifies lighting, ambiance, and control throughout the home. The serene primary suite includes a private midnight kitchen with a second Miele coffee station and peaceful garden and pool views.
Resort-style living continues outdoors with expansive terraces, a heated saltwater pool, hot tub and a fully equipped summer kitchen for effortless entertaining. A private guest house with full kitchen, bedroom, and bath offers exceptional flexibility for guests or extended stays. A legacy estate built without compromise. Schedule a tour today!
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| Nov 22, 2021 | Sold | ||
| Sold | |||
| Jun 25, 2021 | Listed by Residential Florida Realty Services LLC | $1,650,000 | |
| Listed by Residential Florida Realty Services LLC | |||
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About Coral Gables Section
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017