Rent report generated Jan 21, 2025
The Rent Potential of
116 San Sebastian Ave Coral Gables, FL
is $3,650 – $6,616/mo.
Rent Advice
This charming single-family home in Coral Gables offers a rental potential ranging from $3,650 to $6,616 per month. Based on these figures, the annual revenue would be between $43.8K and $79.4K. With the current market conditions favoring stable growth in Coral Gables, the payback period could extend over several years, dependent on initial investment and operating costs. The property's key selling points include its prime location, recent renovations, and two-car garage, although the lack of multi-family units poses a challenge for maximizing rental income.
To enhance the property's rental value, consider modernizing the interior design and adding amenities like smart home features or additional storage space. If selling is on the horizon, emphasizing the home's recent renovations and its convenient location near Coral Gables' amenities could attract high-value buyers. Furthermore, exploring potential zoning changes to allow for additional units could significantly increase revenue opportunities.
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The accuracy of the Frontflip report and its applicability to your circumstances are not guaranteed. This calculator is offered for educational purposes only, and is not a substitute for professional advice. All figures provided by the Frontflip calculator are estimates only and are not reflective of what your actual results may be.