ClosedMLS® F10540122

$315,000

7040 Coral Way 501, Miami, FL 33155

Beds: 2
Baths: 2
Sqft: 1,060

Est. payment$2,195/mo

Home type: Condominium
Year built: 1984
Lot size: 0 sqft
Price / sqft: $297
HOA: $340/mo
Community: Futura Gables

Property description

Picture yourself sipping your morning coffee high above the city, then ending the day with spectacular Miami sunsets from your private penthouse balcony. This beautiful 2-bedroom, 2-bath residence combines modern finishes, stunning views, and the effortless South Florida lifestyle buyers dream about. Porcelain floors Large private balcony Pool and city views Gated community 2 parking spaces + guest parking Low HOA fees Some photos have been virtually staged to showcase the home's full potential. Penthouse living is calling. Bonus*** The seller is contributing 5 K to the buyer towards the appliances!- 20% needed for down payment. 20% is needed for the down payment.

Listing activity

Days on market: 115
Listed: Dec 8, 2025
MLS listing updated: 47 minutes ago
Feed last checked: 12 minutes ago

Listed by Claudia C Monasterio · LPT Realty, LLC

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Bathrooms (decimal): 2
Full bathrooms: 2
Half bathrooms: 0
Main-level bedrooms: 1
Main-level bathrooms: 1

Rooms & features

Rooms: 3
Interior features: Bedroom Layout - Split, Walk-In Closet(s), Other
Flooring: Ceramic Tile, Tile
Appliances: Electric Water Heater, Electric Range, Microwave, Refrigerator, Water Heater
Laundry: Washer Hookup

Heating & cooling

Heating: Central
Cooling: Central Air

Property

Parking

Garage spaces: 2
Garage: Yes
Carport: No
Covered spaces: 2
Parking features: Asphalt, Assigned, Detached Garage, Garage, Garage Door Opener, Guest, Loading Space(s)
Attached garage: No

Exterior

Stories: 5
Entry level: 1
Patio & porch: Porch - Wrap Around, Porch
Exterior features: Balcony, Tennis Court(s)
View: Garden, Pool, Tennis
Waterfront: None
Waterfront property: Yes

Lot

Lot size: 0 sqft
Lot size (acres): 0 acres
Zoning: RES

Construction

Type & style

Home type: Condominium
Structure type: Multi Family
Year built: 1984
New construction: No

Materials

Construction: Block, Brick, CBS, Concrete Block - No Stucco
Roof: Other
Property condition: Updated/Remodeled, Resale
Faces: North

Utilities & green energy

Utilities

Sewer: Public Sewer
Water: Public
Utilities: Water Available

Community & HOA

Community

Subdivision: Futura Gables
MLS area: 2400
Security: Key Card Entry, Other
Pets allowed: Breed Restrictions, Yes
55+ community: No

Association

Has association: Yes
Association fee: $340 monthly
Estimated monthly dues: $340
Amenities: Pool, Clubhouse, Parking, Picnic Area, Spa/Hot Tub, Trash Chute
Services included: Pool Service, Maintenance Grounds, Maintenance Structure, Trash, Water
Association name: Atlas Property Management Services, Inc.

Lease details

Not reported by the listing source.

Location

Area details

City: Miami
County: Miami-Dade
ZIP code: 33155

Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number: F10540122
Possession: Close Of Escrow, Negotiable
Original list price: $325,500
Close price: $300,000
Parcel number: 3040140280050
Annual property tax: $747
Tax year: 2024
Assessed value: $229,715
Tax legal description: FUTURA GABLES CONDO #4 UNIT 501 UNDIV .01848622% INT IN COMMON ELEMENTS OFF REC 12825-191 OR 20394-1821 0502 1
Special listing conditions: Standard

Additional MLS details

Reported by the listing source

Association Amenities: Pool, Clubhouse, Parking, Picnic Area, Spa/Hot Tub, Trash Chute
Association Fee Frequency: Monthly
Association Fee Includes: Pool Service, Maintenance Grounds, Maintenance Structure, Trash, Water
Association: Yes
Bathrooms Total Decimal: 2
Bathrooms Total Integer: 2
Close Date: 2026-09-25
Construction Materials: Block, Brick, CBS, Concrete Block - No Stucco
County Or Parish: Miami-Dade
Days On Market: 115
Direction Faces: North
Laundry Features: Washer Hookup
List Price: 315000
Listing Contract Date: 2025-12-08
Living Area: 1060
Lot Size Acres: 0
Lot Size Area: 0
MLSArea Major: 2400
Main Level Bathrooms: 1
Main Level Bedrooms: 1
Mls Status: Closed
On Market Date: 2026-04-20
Patio And Porch Features: Porch - Wrap Around, Porch
Photos Count: 23
Postal Code: 33155
Price Change Timestamp: 2026-05-19T20:13:04Z
Property Sub Type: Condominium
Property Type: Residential
Rooms Total: 3
Security Features: Key Card Entry, Other
Senior Community: No
Standard Status: Closed
State Or Province: FL
Status Change Timestamp: 2026-09-29T23:26:06Z
Stories Total: 5
Subdivision Name: Futura Gables
Tax Assessed Value: 229715
Water Source: Public
Waterfront Features: None
Tax Annual Amount: 747
Bathrooms Full: 2
Bedrooms Total: 2
Bathrooms Half: 0
Financial Information: Estimated Monthly Assoc Recurring Fee: 340

Market value

Automated estimate—No licensed valuation source connected

Estimated sales range—Ask Karim for a local market analysis

Estimated rent—No licensed rental valuation source connected

Price history

Date	Event	Price
Dec 8, 2025	ListedBeachesMLS	$325,500$307/sqft
May 19, 2026	Price reducedBeachesMLS	$315,000$297/sqft

Public tax history

Year	Property taxes	Assessment
2024	$747	$229,715

Payment calculator

Estimated monthly payment$2,195/moIllustrative estimate, not a loan offer.

Loan typeDown payment (%)Interest rate assumption (%)Loan termInsurance / month

Principal & interest: $1,634
Property taxes: $62
Insurance: $158
Association dues: $340

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

Futura Gables

Miami · Miami-Dade County · 33155

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

Not reported by the listing source.

School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

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