$499,000

888 Douglas Rd #1405, Coral Gables, FL 33134

Bedrooms
2
Baths
2
Living area
1,020 ft²
Price per ft²
$489 / ft²
Type
Condo
Year built
2007
HOA
$1,351 / mo HOA
On market
77 days on market
MLS #
A12042374

Magnificent 2BR/2BA residence with 2 assigned parking spaces at Puerta de Palmas, an exclusive Mediterranean-style community at the historic entrance of Coral Gables. Enjoy breathtaking, unobstructed views and endless blue Miami skies from this bright, spacious split-bedroom floor plan. Features also include a newer A/C (2025) and generous living areas. Puerta de Palmas is a well-established, professionally managed full-service building offering 24-hour concierge, on-site management, complimentary valet for guests, a state-of-the-art fitness center, heated pool and sundeck, social and business rooms, clubhouse, and pet-friendly living. Residents also enjoy convenient access to the Coral Gables Trolley and Freebee service. For added peace of mind, the seller will pay off the current special assessment at closing. Ideally located just minutes from Miami International Airport, major expressways, and the vibrant Miracle Mile, with its renowned dining, shopping, cafés, theaters, and bookstores. A rare opportunity to enjoy the best of Coral Gables living in one of the area's premier full-service condominium communities.

The MiamiLi Read

The lines below are derived automatically from this listing’s own data and the area’s recorded deed transfers. They are not a personal opinion or investment advice.

  • Price per square footThe asking price per ft² on this listing is $489. The median for recorded sales in the same ZIP codes is $703/ft² — putting it 30% below the median.
  • Position in the area’s price distributionThe asking price is $499,000; the median of recorded sales in the area is $1,150,000 (553 sales). On raw price that is 57% below the median — this line does NOT adjust for property type or size.
  • HOA fee as a share of priceAn HOA fee of $1,351 per month comes to $16,212 a year — 3.2% of the asking price. That amount is deducted from rental yield.

How to read this comparison: the figure on the left is an asking price, while the one on the right is a closed sale median — the two are not the same thing, and the room to negotiate sits inside that gap. The median covers every property type and size in those ZIP codes; it carries no adjustment for a single listing’s floor, view, age or finishes. This box is not an appraisal.

Scope: ZIP codes 33134, 33146 · arm’s-length sales recorded by the Miami-Dade County Property Appraiser.

Monthly mortgage payment

Estimated monthly loan payment based on this listing's price. Adjust the down payment, rate and term to match your own terms.

30%$149,700
Term

6.95% — Freddie Mac PMMS (FRED) current mortgage rates, 30-year fixed, conforming. Priced September 17, 2026.

Estimated monthly payment$2,312
Loan amount
$349,300
Total interest over the term
$483,086
Total repaid
$832,386

Principal and interest only; property tax, insurance and HOA dues are NOT included. This is not a binding offer.

Avanti Way Realty LLC

Listing data provided by the Southeast Florida MLS (MIAMI REALTORS®) IDX feed. Copyright Southeast Florida Multiple Listing Service © 2026. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited.

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