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3232 Coral Way #1601, Coral Gables, FL, 33145

3beds
3baths
1,575sqft
$725,000
$460price/sqft
$4,485/moest. monthly cost
$179,400/yrincome needed

About This Home

3 Bedroom with 3 Full Bath Corner Unit with Coconut Grove & Bay Views from a 16th Floor, in Sought After Gables Marquis Pristine Building, with Great Location just minutes away from Miracle Mile. Unit features 1575 square feet with ample size living and dining room, fireplace, two balconies, washer and dryer inside unit, and all stainless steel appliances. Updated Kitchen, and several upgrades throughout the unit. Unit includes 2 secured garaged parking spaces unlike many units in the building. Building has full amenities, including pool, business center, conference room, fitness center, sundeck with walking path, and concierge. Close to many restaurants within just walking distance, and even supermarket and pharmacy located across the street, and plenty more without mentioning.

Getting Around

91
WalkingWalker's Paradise
45
TransitSome Transit
58
BikeBikeable

Schools

5/10
6/10

Construction

Condition

  • Property condition: Resale
  • Year built: 2007

Materials

  • Roof: Concrete
  • Construction materials: Block

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dryer,Dishwasher,Electric Range,Electric Water Heater,Disposal,Microwave,Oven,Refrigerator,Water Heater,Washer
  • Laundry features: Washer Hookup,Washer Dryer Install Allowed

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 3
  • Main level bathrooms: 3
  • Main level bedrooms: 3

Features

  • Breakfast Area,Entrance Foyer,Elevator,Garden Tub/Roman Tub,Living/Dining Room,Custom Mirrors,Other,Pantry,Split Bedrooms,Vaulted Ceiling(s),Walk-In Closet(s)
  • Window features: Blinds
  • Flooring: Marble

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 1,575
  • Total interior livable area: 1,575 sqft

Property

Accessibility

  • Accessibility features: Accessibility Features,Common Area

Details

  • Parcel number: 0141161460150
  • Zoning: 3900
  • Special condition: Standard,Listed As-Is

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Open,Balcony
  • Exterior features: Balcony,Outdoor Living Area
  • Has view: Yes
  • View description: Garden

Parking

  • Total spaces: 2
  • Parking features: Attached,Covered,Garage,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Hurricane
    HurricaneModerate
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Hurricane
Heat Wave
Lightning
Tsunami

FEMA Declared Disasters in Miami-Dade County and Florida

Flood
Hurricane
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,665$43,980
Home Insurance *$134$1,608
Property Taxes $489$5,868
Electricity $197$2,366
Total$4,485$53,820
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$153,771/yr
40% on housing$134,550/yr
45% on housing$119,600/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.8%
7.8%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 3.3%
3.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$460This listing

vs Other Active Listings

Avg $/sqft

ZIP 33145$494
Miami-Dade County$639

vs Homes Sold Last Month

Median $/sqft

ZIP 33145$567
Miami-Dade County$404

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-03Listed for rent$4,950
2026-04-02Listed for sale$759,995
2024-11-07Listing removed$4,995
2024-05-22Listed for rent$4,995
2024-05-22Listing removed$824,500
2024-04-02Pending sale$4,395
2024-04-02Listing removed--
2024-03-26Price change$4,395
2024-02-16Price change$4,595
2024-02-16Price change$824,500
2024-01-17Listed for rent$4,750
2024-01-16Price change$849,500
2024-01-09Listing removed--
2023-12-12Listed for sale$879,995
2023-12-11Price change$4,995
2023-10-27Price change$5,495
2023-10-09Listed for rent$5,750

For Sale by Agent

AgentJorge A Zea
BrokerageBlue Lighthouse Realty, INC

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