Condo in 7040 Coral Way 501, Miami, FL 33155 for sale with MLS# F10540122
Welcome to this beautiful 2-bedroom, 2-bathroom penthouse condo, featuring two master suites for maximum comfort and privacy. Spacious residence sits on the top floor, one of the largest units in the building, with tile floors throughout and fresh interior paint. Enjoy direct pool views from one of the largest balconies in the community. Additional features include accordion shutters, split bedrooms, 2 bedrooms and 2 full bathrooms, walk-in closets, secured gated entry, two elevators, and ample parking. With its prime location near major highways, restaurants, shopping, and city attractions, this condo offers convenience, comfort, and a vibrant lifestyle. Don't miss this opportunity to own a top-floor gem with beautiful city views and unbeatable value! LOW HOA, $340 Per Month. All ages!
7040 Coral Way 501, Miami, FL 33155
Price
- Price:
- $315,000.00
- Original List Price:
- $325,500.00
- List Price per Sq Ft (Calculated, Approx.):
- $297.16
- More Listings Same Building:
- Futura Gables Condo #4 in 7040 Coral Way Miami
Property Status and Type
- Listing Type:
- For Sale
- Status:
- Active
- Contingency:
- Active Under Contract
- Special Sale Conditions:
- Standard
- Listing Category:
- Residential
- Property Type:
- Condominium
- Description of Last Important Update:
- Price Reduced
- Last Major Update on:
- May 19, 2026 8:13 pm
Rooms Distribution
- Bedrooms:
- 2
- Bathrooms Total:
- 2
- Full Bath:
- 2
- Room Type:
- Kitchen, Living Room, Master Bedroom
- Rooms Total:
- 3
- Master Bedroom Bath:
- 2 Master Baths, Master Bdrm - Ground, Bedroom On Entry Level
Measures
- Living Area:
- 1,060 Sqft
- Building Area Source:
- Public Records
- Living Area Source:
- Public Records
Property Features
- View from the Property:
- Pool, Garden, Tennis
- Waterfront:
- Yes
- Security:
- Key Card Entry, Other
- Accessibility:
- Accessible Doors, Accessible Entrance, Accessible Bedroom, Accessible Closets, Accessible Full Bath, Accessible Common Area
- Appliances:
- Microwave, Refrigerator, Electric Range, Electric Water Heater, Water Heater
- Interior:
- Walk-In Closet(s), Other, Bedroom Layout - Split
- Exterior:
- Balcony, Tennis Court(s)
- Patio and Porch:
- Porch, Porch - Wrap Around
- Laundry:
- Washer Hookup
- Air Conditioning
- Air Conditioning System:
- Central Air
- Heating
- Heating System:
- Central
- Property Entrance Faces:
- North
- Unit Description:
- Interior Hallway
- Balcony Details:
- Balcony - Wrap Around
Construction
- Year Built:
- 1984
- Roof:
- Other
- Levels:
- Two
- Entry Level (floor):
- 1
- Entry Level Location:
- First Floor Entry,Other Interior Features,Split Bedroom,Walk-In Closets
- Construction Materials:
- Block, Brick, CBS, Concrete Block - No Stucco
- Flooring:
- Tile, Ceramic Tile
- Number of stories:
- 5
- Structure Type:
- Multi Family
- Stories:
- 1
- Property Condition:
- Resale, Updated/remodeled
Taxes and Expenses
- Tax Annual Amount:
- $747.00
- Tax Year:
- 2024
- Tax Assessed Value:
- $229,715.00
- Association Fee:
- $340.00
- Association Fee Frequency:
- Monthly
- Association Fee 2nd HOA:
- $330.00
- Property Tax Details:
- Homestead Exemption
Parking
- Garage
- Garage Spaces:
- 2
- Covered Spaces:
- 2
- Parking Features:
- Garage, Garage Door Opener, Assigned, Guest, Detached Garage, Asphalt, Loading Space(s)
Utilities
- Sewer:
- Public Sewer
- Utilities Available:
- Water Available
- Water Source:
- Public
Community
- Association
- Association Membership:
- Mandatory
- Application Required
- Application Fee:
- $150.00
- Application Information:
- 3-4 Weeks Approval
- Association Type:
- Condominium
- Pets Allowed?:
- Yes, Breed Restrictions
- Lease Number Times per Year Allowed:
- 1
- Amenities Provided by the Homeowner's Association (HOA):
- Pool, Spa/hot Tub, Trash Chute, Clubhouse, Picnic Area, Parking
- Subdivision Name:
- Futura Gables
- Association Fee Includes:
- Maintenance Grounds, Water, Trash, Maintenance Structure, Pool Service
- Association Name:
- Atlas Property Management Services, Inc.
- Senior Community:
- No
- Restrictions:
- Other Restrictions, Buyer Approval Required
Terms
- Listing Terms Considered by Seller:
- Cash, Conventional
- Buyer Possession:
- Negotiable, Close Of Escrow
Zoning and Legal
- Tax Legal Description:
- FUTURA GABLES CONDO #4 UNIT 501 UNDIV .01848622% INT IN COMMON ELEMENTS OFF REC 12825-191 OR 20394-1821 0502 1
- Real Estate Folio Number (Parcel Number):
- 3040140280050
- Zoning:
- RES
Listing History
- Active on the market since:
- April 20, 2026
- Listing Agreement executed on:
- December 8, 2025
- Purchase Contract Date:
- January 5, 2026
- Price change occurred on:
- May 19, 2026 8:13 pm
- Listing Status Last Changed On:
- April 20, 2026 11:53 am
- Photos updated on:
- April 28, 2026 2:19 pm
- Last Modified:
- May 31, 2026 7:01 am
Additional Information
- Courtesy of:
- LPT Realty, LLC
- Attribution:
- Not provided
Location
- Street Name:
- Coral
- Street Number:
- 7040
- Unit Number:
- 501
- City:
- Miami
- State:
- Florida
- Zip Code:
- 33155
- County:
- Miami-Dade
- Latitude:
- N25° 44' 48.1''
- Longitude:
- W81° 41' 27.8''
- Street Suffix:
- Way
Property Map
Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Median Household Income
$79,271
Median Home Value
$505,000
Median Rent
$1,871/mo
Median Age
44
Population
43,133
Air Quality
Source: AirNow.gov · Miami
🌬️ Air Quality Index (AQI)
40
Good
☀️ O3
30
Good
🫁 PM2.5
40
Good
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