50 Alhambra Cir #310
About This Property
The manager has listed the unit size as 1322 square feet.
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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%.
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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 |
|---|---|---|---|
| Apr 30, 2025 | Sold | ||
| Sold | |||
| Mar 1, 2025 | In contract | - | |
| In contract | |||
| Feb 20, 2025 | Relisted | $825,000 | |
| Relisted | |||
| Jan 20, 2025 | No longer available | - | |
| No longer available | |||
| Dec 3, 2024 | Listed | $849,000 | |
| Listed | |||
| | |||
|
Exceptional opportunity to own a spacious, bright 2-bedroom, 2-bath apartment in Villa Alhambra, an elegant boutique building with just 36 units in the heart of Coral Gables. Built in 2008, this third-floor condo blends modern style with comfort, offering a peaceful retreat steps from vibrant shops, dining, and nightlife. The unit features a well-designed floor plan, a spacious living area, a large kitchen, cedar-lined closets, custom-built storage, a laundry room, and a private balcony. Villa Alhambra recently underwent extensive renovations, ensuring a modern, low-maintenance living experience. While the building does not include a pool or gym, it provides residents with privacy and convenience, offering a peaceful and refined lifestyle.
| |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/04/2022
|
2 Bed
|
2 Bath
|
1322 ft²
|
$725,000
2 Bed
2 Bath
1322 ft²
|
$725,000
12/13/2022
|
Henry Quintana
Henry Quintana Realty, Inc
| |
|
06/07/2021
|
3 Bed
|
4 Bath
|
2816 ft²
|
$1,250,000
3 Bed
4 Bath
2816 ft²
|
-
-
|
Maria Elena Negrin
Galiano Realty Group
| |
|
05/06/2021
|
3 Bed
|
2 Bath
|
1587 ft²
|
$829,000
3 Bed
2 Bath
1587 ft²
|
-
-
|
Maria Elena Negrin
Galiano Realty Group
| |
|
03/01/2021
|
2 Bed
|
2 Bath
|
1322 ft²
|
$625,000
2 Bed
2 Bath
1322 ft²
|
-
-
|
Henry Quintana
Henry Quintana Realty, Inc
| |
|
12/23/2020
|
3 Bed
|
4 Bath
|
2860 ft²
|
$999,000
3 Bed
4 Bath
2860 ft²
|
$959,000
-4.00%
04/06/2021
|
Tim Hasty
BHHS EWM Realty
| |
|
12/16/2020
|
3 Bed
|
3 Bath
|
3181 ft²
|
$996,000
3 Bed
3 Bath
3181 ft²
|
-
-
|
Mauricio Barba PA
One Sotheby's International Realty
| |
|
12/10/2018
|
2 Bed
|
2 Bath
|
1365 ft²
|
$595,000
2 Bed
2 Bath
1365 ft²
|
-
-
|
Carole Smith
Compass Florida LLC
| |
|
08/17/2018
|
3 Bed
|
4 Bath
|
2860 ft²
|
$1,100,000
3 Bed
4 Bath
2860 ft²
|
-
-
|
Wanda Bee
RE/MAX Advance Realty
| |
|
03/11/2015
|
3 Bed
|
2 Bath
|
1587 ft²
|
$599,900
3 Bed
2 Bath
1587 ft²
|
$585,000
-2.48%
12/03/2015
|
Maria Del Pilar Villacis
Avanti Way Realty LLC
|
Building Info
About Coral Gables Section
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