Atlantic Luxury Advisors
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119 Menores Ave #2

Coral Gables, FL 33134

$199,900
0
1
315 sq ft
1926
Condominium
$413/mo
6
Active

Listing courtesy of Avanti Way Realty LLC (Antonio Omedas). Contact: [email protected].

About this home

Excellent opportunity to own one of the best-priced units in Coral Gables, just minutes from Miracle Mile, Ponce de León, restaurants, shops, and major roadways. This well-maintained 315 SF studio features one of the building’s largest studio layouts and a rare in-unit washer and dryer—an important convenience and a distinctive feature within the building. The functional layout includes a full bathroom, updated kitchen, and bright living space, making it ideal for an end-user seeking a low-maintenance residence or an investor looking to capitalize on strong rental demand in a prime location. Located in a charming historic building in one of Coral Gables’ most desirable and walkable areas, the property offers an attractive combination of location, value, and long-term potential. Opportunities at this price point are increasingly limited. Whether as a smart entry-level investment, pied-à-terre, or personal residence, this unit stands out for its larger footprint, in-unit laundry, and exceptional Coral Gables location.

What it costs to own
Estimated monthly payment
$1,794/mo
Principal and interest
$1,011
Property tax
$245
Homeowners insurance
$125
HOA
$413

An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.

Florida cost of ownership
Estimated property tax
$2,937/yr

Estimate: the price times the Miami-Dade County average total millage (18.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.

HOA
$413/mo (from the listing)
FEMA flood zone
Zone AH, special flood hazard area

Inside the 1% annual chance floodplain. Lenders require flood insurance on a financed home; ask for the elevation certificate.

Hurricane evacuation zone
Zone E: ordered to evacuate for Category 4 and 5 hurricanes.

Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.

Location

Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.