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$315,000
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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
- Price: $315,000
- HOA FEE: $340/month
- Taxes: $747 (2024)
- Status: Active
- Type: Condo
- Source: Regional
- MLS ID: F10540122
- Updated: 7/10/2026
- Added to Site: 82 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
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Price & Sales History for 7040 Coral Way Unit #501
Date
Details
Price
Change
Source
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
257.69%
MLS
5/14/2002
Sold
$91,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 7040 Coral Way Unit #501
Year
Property Taxes
Change
Tax Assessment
Change
2024
$747
—
$86,751
3%
2024
$747
5%
$84,307
3%
2023
$711
9%
$81,852
6%
2021
$653
-2%
$77,154
-3%
2022
$667
2%
$79,468
4%
2021
$653
6%
$76,089
2%
2019
$617
5%
$74,379
2%
2018
$586
—
$72,993
2%
2017
$588
-1%
$71,492
2%
2016
$594
-2%
$70,022
1%
2015
$605
-2%
$69,536
1%
2014
$618
1%
$68,985
1%
2013
$609
—
$67,966
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 7040 Coral Way Unit #501
7040 Coral Way #501, Miami, FL 33155 (MLS# F10540122) is a Condo property with 2 bedrooms and 2 full bathrooms. 7040 Coral Way #501 is currently listed for $315,000 and was received on April 20, 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.

