8 Antigua Ct
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8 Antigua Ct

Ctop 80%

Coronado, CA 92118

$1,775,000

Pass at asking: -$9,493/mo full cashflow at 20% down, 7.43% rate.

Works at $539,076 (70% under asking), or at 98% down.

Rent $6,529/mo from 11 leases of 2–4 bed condos & townhomes in 92118 ($5,256–$7,999).

Beds

3

Baths

2

Sqft

1,729

Year Built

1973

Days on Market

65

Property Type

Condo

HOA/mo

$887.23

MLS ID

260021883SD

This property is in Coronado (92118). Browse neighborhood analytics →

About This Property

Beautifully remodeled, this exceptional residence presents an elevated waterfront lifestyle in Coronado Cays, ideally positioned along the coveted, sheltered east side of the Silver Strand. Set above one of the widest channels in the Cays, the home captures sweeping bayside vistas extending toward distant rolling hills, sparkling evening lights, and panoramic views stretching for miles. Filled with natural light, the upper-level residence reflects a refined yet relaxed coastal aesthetic, with an expansive chef’s kitchen featuring premium Viking appliances, custom soft-close cabinetry, and a seamless connection to the open living and dining spaces. Light oak wood flooring, a striking tile fireplace, recessed lighting, newer windows and sliders, plantation shutters, designer window treatments, and thoughtfully selected finishes create an inviting backdrop equally suited for everyday living or a coastal second home. The expansive private deck invites you to embrace the waterfront setting, whether enjoying morning coffee overlooking the bay, entertaining against a colorful sunset, or unwinding as the evening lights come to life across the water. Boating enthusiasts will appreciate the private slip accommodating a vessel up to 45.5 feet, offering convenient access to the open bay and the freedom to experience Coronado from the water. A newer Bosch washer and dryer, private storage room, and oversized two-car garage add everyday convenience. Just moments from the Coronado Cays Yacht Club, Calypso Café, beach, dog park, scenic open space, and tennis and paddle courts, this distinctive residence offers an exceptional blend of waterfront serenity, recreation, and the timeless appeal of Coronado living.

Mortgage Calculator

Est. Monthly Payment

$13,041

Principal & Interest$9,861
Property Tax$1,775
Insurance$518
HOA$887
%($355,000)
%
Loan Term

Location

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Zoned Schools

  • Middle

    Coronado Middle · grades 6-8 · Coronado Unified

  • High

    Coronado High · grades 9-12 · Coronado Unified

The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.

Short-term not available here. Coronado bans stays of 25 days or less in residential zones. See the rules

Investment Score

5C
Est. Monthly Rent
$6,529

11 leases of 2–4 bed condos & townhomes in 92118 · $5,256–$7,999

Blended 50/50 with the zip's market median ($6,154)

Monthly Cashflow

Rent − PITIA

-$6,512
Full Cashflow

Incl. vacancy, PM, maint, capex

-$9,493

What would make this work?

$9,493/mo short at 20% down; 98% down or +$12,328/mo rent closes it.

Break-even price

70% under asking

$539,076
Break-even rent

$12,328/mo above the estimate

$18,857/mo
Cashflow at 35% down
−$7,644/mo
Down payment to break even

$1,739,500 cash

98%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$9,861
Cap Rate
0.47%
Cash-on-Cash
-32.09%
DSCR

Need ≥ 1.25 for DSCR loan

0.50

NOI (Annual)
$8,333
Price-to-Rent

Lower = better for investors

22.7

* Modelled at 20% down, 7.43% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

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CCashflow−$9,493/mo