$515,000

888 Douglas Rd #1516, Coral Gables, FL 33134

Bedrooms
2
Baths
2
Living area
1,084 ft²
Price per ft²
$475 / ft²
Type
Condo
Year built
2007
HOA
$1,414 / mo HOA
On market
9 days on market
MLS #
A12089888

Discover luxury living, the Coral Gables lifestyle & breathtaking sunsets from Residence 1516 in Puerta De Palmas. This light & bright residence features a semi-private entrance, desirable split floor plan, spacious bedrooms, tons of natural light & built-in walk-in closets. Meticulously maintained & upgraded with a new 2026 A/C, new flooring, LED lighting, air purifying system, contemporary barn doors, motorized blinds, RHEEM tankless heater, LG washer/dryer & BOSCH dishwasher. Residents enjoy first-class amenities including a state-of-the-art gym, two-story lobby, pool/spa, valet parking & business center. The building has reserves & should be able to finance w/ as little as 5% down w/good credit. Great location in historic Douglas Entrance minutes from Downtown Coral Gables, Airport, Brickell & Coconut Grove.

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 $475. The median for recorded sales in the same ZIP codes is $703/ft² — putting it 32% below the median.
  • Position in the area’s price distributionThe asking price is $515,000; the median of recorded sales in the area is $1,150,000 (553 sales). On raw price that is 55% below the median — this line does NOT adjust for property type or size.
  • HOA fee as a share of priceAn HOA fee of $1,414 per month comes to $16,968 a year — 3.3% 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%$154,500
Term

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

Estimated monthly payment$2,386
Loan amount
$360,500
Total interest over the term
$498,576
Total repaid
$859,076

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

Luxe Properties

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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