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$300,000
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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.
Full Property Details
Full Property Details for 7040 Coral Way Unit #501
General
- Sold For: $300,000
- HOA FEE: $340/month
- Taxes: $747 (2024)
- Status: Closed
- Type: Condo
- Source: Regional
- MLS ID: F10540122
- Added to Site: 172 day(s) ago
Interior
- Number of Rooms: 3
- Interior Features: Bedroom on Main Level, Main Level Primary, Multiple En Suite Bathrooms, Other, Split Bedrooms, Walk-In Closet(s)
- Appliances: Electric Range, Electric Water Heater, Microwave, Refrigerator, Water Heater
- Flooring: Ceramic Tile, Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Main Floor Baths: 1
Bedrooms
- Total Bedrooms: 2
- Bedrooms Main: 1
Other Rooms
- Laundry: Washer Hookup
Additional Information
- Shared Amenities: Clubhouse, Picnic Area, Pool, Parking, Spa/Hot Tub, Trash
- Pool: Yes
- Pool Description: Association
- Security/Safety: Gated Community, Key Card Entry, Other
Exterior
- Exterior Features: Balcony, Outdoor Living Area, Tennis Court(s)
- Porch/Patio/Deck: Porch, Wrap Around, Balcony
Parking
- Garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Assigned, Asphalt, Detached, Garage, Garage Door Opener, Guest
Location
- County: Miami-Dade
- Subdivision: Futura Gables
- Driving Directions: Google Maps or Waze
- Direction Faces: North
Community
- Community Name: 2400
- Association: Yes
- Assoc. Name: Atlas Property Management Services, Inc.
- Assoc. Fees Include: Maintenance Grounds, Maintenance Structure, Pool(s), Trash, Water
- Pets Allowed: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Water Available
Structural Information
- Structure Type: Multi Family
- Construction: Brick, Block
- Roof: Other
- Entry Floor Number: 1
- Entry Location: First Floor Entry, Other Interior Features, Split Be
- Stories/Levels: 1
- Square Feet: 1,060
- Sq. Ft. Source: Public Records
- Living Area: 1,060 Sq. Ft.
- Year Built: 1984
- Property Condition: Resale, Updated/Remodeled
Lot Features
- Property View: Garden, Pool, Tennis Court
- Zoning: RES
Water Features
- Water Front: Yes
- Water Front View: None
Financial Considerations
- Association Fee: $340
- Assoc Fee Freq.: Monthly
- Pet Deposit: $250
- Assessment Amount: $229,715
- Tax Amount: $747
- Tax Year: 2024
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: FUTURA GABLES CONDO #4 UNIT 501 UNDIV .01848622% INT IN COMMON ELEMENTS OFF REC 12825-191 OR 20394-1821 0502 1
- Property ID: 3040140280050
Listed by LPT Realty, LLC
Sold by Miami Premier Realty
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Price & Sales History for 7040 Coral Way Unit #501
Date
Details
Price
Change
Source
9/25/2026
Sold
$300,000
-4.76%
MLS
5/19/2026
Price Reduced
$315,000
-1.56%
MLS
5/06/2026
Price Reduced
$320,000
-1.69%
MLS
12/08/2025
Listed
$325,500
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
7040 Coral Way #501, Miami, FL 33155 (MLS# F10540122) is a Condo property that was sold at $300,000 on September 25, 2026. Want to learn more about 7040 Coral Way #501? Do you have questions about finding other Condo real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

