TAMIAMI PLACE PLAN NO 3

1205 Wallace St, Coral Gables FL 33134

5 beds · 4 baths · 2,232 ft²

Closed

$8,000

11.11%

Est. Payment $43/mo

MLS Sheet Video

5

Bedrooms

4

Bathrooms

2,232

Sq. Ft.

1989

Year Built

2

Stories

148

Days on Market

Description

Luxury living meets exceptional versatility. A fully remastered sanctuary blending timeless elegance with modern sophistication. Nestled in a prime location in Coral Gables on a closed street, this exquisite property features a beautifully renovated 3-bedroom main house paired with a detached guest house offering two private efficiency suites—ideal for multigenerational living or hosting guests. Discover an ideal design, cathedral ceilings, Italian porcelain tile throughout, LED lighting, and high-end finishes. The chef's kitchen boasts premium appliances, custom cabinetry, and sleek countertops, seamlessly connecting to expansive living and dining areas—perfect for entertaining. Outside, enjoy meticulously landscaped grounds, private outdoor living areas, and a privacy gate.

Facts

MLS#
A11825570
Subdivision
TAMIAMI PLACE PLAN NO 3
Property Type
Residential Lease
Property Sub Type
Single Family Residence
Year Built
1989
Lot Size
5,350 ft²
Sq. Ft.
2,232 ft²
Sq. Mt.
207 m²
Price per sq. ft.
$4/ft²
Price per sq. mt.
$39/m²
Stories
2
Garage
Pool
Days on Market
148 days
Listed
Jun 19, 2025
Last Updated
Nov 17, 2025
Price/Lot Sq.Ft.
$1/ft²

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Coral Gables

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

May 2026

100/100
Buyers marketSellers market

47

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

11/17/2025Sold$8,000
9/26/2025Price change$8,000-11.1%
6/19/2025Listed for sale$9,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

1205 Wallace St, Coral Gables FL 33134Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Affordability

What you'd typically need to qualify for this rental under the standard 30% rule.

$26,667

gross income / month to qualify

Monthly rent$8,000
Required annual income$320,000
Security deposit (est.)$8,000
Move-in cost (1st + last + security)$24,000

Based on the 30% rule (rent ≤ 30% of gross monthly income). Move-in estimate assumes first month + last month + one month security; landlord requirements vary.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

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