Skip to main content

$315,000
7040 Coral Way 501
Miami, FL 33155
MLS# F10540122
Status: Active Under Contract
2 beds  |  2 baths


7040 Coral Way #501 Miami
  1 / 23  
7040 Coral Way #501 Miami Upgraded kitchen 7040 Coral Way #501 Photo 6 7040 Coral Way 501 Photo 29 Photo 30 Photo 21 Resized_file_00000000355c71f5b0944b0bbe5 Photo 18 Photo 14 Photo 16 Photo 17 Photo 22 Photo 23 Photo 24 Photo 25 Photo 26 Photo 27 Photo 28 Resized_file_00000000cde071f5a81cb7ce0e8 Resized_file_000000000d5c71f5ba9d3922665 Photo 9 Photo 1

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.

Details
Maps
Documents
Contract Information
Comp Sale YN: No
Listing Date: 2025-12-08
Status: Active Under Contract
Original List Price: 325500
List Price: $315,000
Current Price: $315,000
Listing Service: Full Service
Location and Legal
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
City Name: Miami
Municipal Code: 30
Postal Zip: 33155
Development Name: Futura Gables
Subdivision Number: 28
Country: United States
Street Number: 7040
Street Name: Coral
Street Suffix: Way
Unit Number: 501
State Or Province: FL
Postal Code: 33155
Postal Code +4: 1682
Subdivision Name: Futura Gables
Area: 2400
Parcel Number: 3040140280050
Zoning: RES
Directions: Google Maps or Waze
General Property Information
Unit Floor #: 5
Living Area Main: 1060
Living Area Source: Public Records
Accessibility Features YN: Yes
Gated Community YN: Yes
Lot Size Area: 0
Senior Community YN: No
Outdoor Living Spaces YN: Yes
Land Lease YN: No
Stories Total: 5
Stories: 1
LP/Assessed Value: 1.37
Property Sub Type: Condominium
Bedrooms Total: 2
Bathrooms Total: 2
Bathrooms Full: 2
Building Area Source: Public Records
Year Built: 1984
Garage YN: 1
Garage Spaces: 2
Covered Spaces: 2
Waterfront YN: 1
Direction Faces: North
Financial Information
Application Required YN: Yes
Association Membership: Mandatory
Association Name: Atlas Property Management Services, Inc.
Association Email: jalvarez@apmsi.com
Estimated Monthly Assoc Recurring Fee: 340
Membership Fee Required YN: No
Tax Assessed/SOH Value: 229715
Assessor Market Value: 229715
Association YN: 1
Association Fee: 340
Association Fee Frequency: Monthly
Tax Annual Amount: 747
Tax Year: 2024
Tax Legal Description: FUTURA GABLES CONDO #4 UNIT 501 UNDIV .01848622% INT IN COMMON ELEMENTS OFF REC 12825-191 OR 20394-1821 0502 1
Office/Member Information
DXORIGMLSID: RML
Accessibility Features
Accessible Bedroom: 1
Accessible Closets: 1
Accessible Common Area: 1
Accessible Doors: 1
Accessible Entrance: 1
Accessible Full Bath: 1
Application Fee Details
Application Fee Required: Yes
Application Fee: 150
Application Information
3-4 Weeks Approval: 1
Amenities
Clubhouse: 1
Parking: 1
Picnic Area: 1
Pool: 1
Spa/Hot Tub: 1
Trash Chute: 1
Association Fee Includes
Maintenance Grounds: 1
Maintenance Structure: 1
Pool Service: 1
Trash: 1
Water: 1
Entry Information
Entry Level: 1
Entry Location: First Floor Entry,Other Interior Features,Split Bedroom,Walk-In Closets
Exterior Features
Tennis Court(s): 1
Flooring
Ceramic Tile: 1
Tile: 1
Parking Features
Asphalt: 1
Assigned: 1
Garage Door Opener: 1
Guest: 1
Loading Space(s): 1
Detached Garage: 1
Garage: 1
Property Condition
Resale: 1
Updated/Remodeled: 1
Special Listing Conditions
Standard: 1
Co-Ownership
Property Management YN: No
Structure Type
Multi Family: 1
Possession
Close Of Escrow: 1
Negotiable: 1
Sewer
Public Sewer: 1
Utilities
Water Available: 1
View
Garden: 1
Pool: 1
Tennis: 1
Heating
Central: 1
Unit Description
Interior Hallway: 1
Water Access
None: 1
Appliances
Electric Range: 1
Microwave: 1
Refrigerator: 1
Water Heater: 1
Construction Materials
Block: 1
Brick: 1
CBS: 1
Concrete Block - No Stucco: 1
Interior Features
Bedroom Layout - Split: 1
Walk-In Closet(s): 1
Other: 1
Laundry Features
Washer Hookup: 1
Listing Terms
Cash: 1
Conventional: 1
Roof
Other: 1
Security Features
Key Card Entry: 1
Other: 1
Water Source
Public: 1
Water Heater Details
Electric Water Heater: 1
Cooling
Central Air: 1
Association Type
Condominium: 1
Showing Requirements
Appointment Only: 1
Call Listing Agent: 1
Showing Service: 1
Main Level Rooms
Main Level Bathrooms: 1
Main Level Bedrooms: 1
Master Bedroom/Bath
2 Master Baths: 1
Bedroom On Entry Level: 1
Master Bdrm - Ground: 1
Pets Allowed YN
Yes: 1
Pets Allowed
Breed Restrictions: 1
Pet Details
Pet Fee YN: Yes
Pet Fee: 250
Restrictions
Buyer Approval Required: 1
Other Restrictions: 1
Tax Information
Homestead Exemption: 1
Outdoor Living Spaces
Balcony: 1
Porch: 1
Balcony Details
Balcony - Wrap Around: 1
Porch Details
Porch - Wrap Around: 1
Contingencies
None: 1
Room Types
Kitchen: 1
Living Room: 1
Master Bedroom: 1
Price Calculations
Current Price To SqFt: 297.16
Section Details
Parcel Number MLX: 0050
Status Change Information
Major Change Timestamp: 2026-07-21T17:05:43Z
Major Change Type: Status Change
Price Change Timestamp: 2026-05-19T20:13:04Z
Status Change Date: 2026-07-21
Under Contract Type: Active Under Contract
Under Contract Date: 2026-07-16
Originating Details
Originating System Key: 607457515
Originating System ID: M00000170
Property Features
Accessibility Features: Accessible Bedroom; Accessible Closets; Accessible Common Area; Accessible Doors; Accessible Entrance; Accessible Full Bath
Application Information: 3-4 Weeks Approval
Association Fee Includes: Maintenance Grounds; Maintenance Structure; Pool Service; Trash; Water
Exterior Features: Tennis Court(s)
Flooring: Ceramic Tile; Tile
Parking Features: Asphalt; Assigned; Garage Door Opener; Guest; Loading Space(s); Detached Garage; Garage
Property Condition: Resale; Updated/Remodeled
Special Listing Conditions: Standard
Appliances: Electric Range; Microwave; Refrigerator; Water Heater
Water Heater Details: Electric Water Heater
Construction Materials: Block; Brick; CBS; Concrete Block - No Stucco
Cooling: Central Air
Association Type: Condominium
Heating: Central
Interior Features: Bedroom Layout - Split; Walk-In Closet(s); Other
Laundry Features: Washer Hookup
Listing Terms: Cash; Conventional
Pets Allowed YN: Yes
Pets Allowed: Breed Restrictions
Possession: Close Of Escrow; Negotiable
Restrictions: Buyer Approval Required; Other Restrictions
Roof: Other
Security Features: Key Card Entry; Other
Sewer: Public Sewer
Structure Type: Multi Family
Tax Information: Homestead Exemption
Unit Description: Interior Hallway
Utilities: Water Available
View: Garden; Pool; Tennis
Water Access: None
Water Source: Public
Showing Requirements: Appointment Only; Call Listing Agent; Showing Service
Outdoor Living Spaces: Balcony; Porch
Balcony Details: Balcony - Wrap Around
Porch Details: Porch - Wrap Around
Contingencies: None
Room Types: Kitchen; Living Room; Master Bedroom
Supplements
20% is needed for the down payment.
Room Information
Room Name
Kitchen
Living Room
Master Bedroom

IDX
Listing Office: LPT Realty, LLC

Last Updated: July - 31 - 2026

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.