261 Navarre Ave # 1, Coral Gables FL 33134 | Miami-Dade County | A11984266
- $1,099,000
- Townhouse
- 3
- 2.5
- 2
- 1520 Sq Ft
- $1,099,000
Description
Elegant Tri-Level Townhome in the Heart of Coral Gables
Step into refined living with this beautifully renovated tri-level townhome, perfectly situated in one of Coral Gables’ most desirable communities. Every detail has been thoughtfully updated, beginning with stunning new flooring that enhances the home’s bright, open layout. The modernized bathrooms feature sleek, contemporary finishes that bring a touch of luxury to your daily routine.
Private gated entryways offer both security and exclusivity, while two covered parking spaces provide a rare convenience in this coveted neighborhood. A newer roof adds long-term peace of mind, and low HOA fees make this home as practical as it is stylish.
Move-in ready and impeccably maintained, this residence blends modern comfort with timeless Coral Gables charm—an exceptional opportunity in a premier location.
Property Overview
This is a 3-bedroom, 2.5-bath condominium of about 1520 square feet at 261 Navarre Ave # 1, Coral Gables FL 33134 (Coral Gables 33134), listed at $1,099,000.
Monthly Costs, Stated Plainly
The monthly HOA fee is $836.
The tax of record is $12,177 (2025). As an ESTIMATE ONLY — Florida reassesses at sale — at this price and a Miami-Dade rate near 2.0%: without homestead, about $21,980/yr (≈ $1,832/mo); with the homestead exemption on a primary residence, about $20,980/yr (≈ $1,748/mo). Confirm with the Miami-Dade Property Appraiser and a tax professional — these are estimates, not quotes.
Frequently Asked Questions
What is the list price, and what typically conveys with a home like this?
The list price is $1,099,000. Built-in appliances and fixtures generally convey with the home, but the MLS record does not state if this property is furnished; you must confirm which specific items stay. There are no community or on-site amenities on record, so distinguish between the private home assets and shared HOA spaces.
Contact Christopher Lazaro, Coral Gables Real Estate Broker Associate, to verify the final list of inclusions.
Where exactly is it, and what should I know about the location?
This property is located at 261 Navarre Ave # 1, Coral Gables FL 33134, situated within the coastal corridor. The residence is listed at $1,099,000.
Contact Christopher Lazaro, Coral Gables Real Estate Broker Associate, to verify location details.
What are the HOA / association fees, and what do they cover?
The monthly HOA fee is $836. This payment covers the building exterior, common area, manager, outside maintenance, and trash removal.
The community is subject to city ordinances found at https://library.municode.com/fl/coral-gables/codes/code_of_ordinances. Contact Christopher Lazaro, Coral Gables Real Estate Broker Associate, to verify these details.
What are the property taxes and homestead implications?
The tax of record is $12,177 (2025). As an ESTIMATE ONLY, and because Florida reassesses at sale, the annual cost at this price and a Miami-Dade rate near 2.0% is about $21,980/yr (≈ $1,832/mo) without homestead, or about $20,980/yr (≈ $1,748/mo) with the homestead exemption on a primary residence. Florida's homestead exemption lowers taxable value only for a primary residence.
Confirm these figures with the Miami-Dade Property Appraiser and a tax professional, as these are estimates, not quotes. Contact Christopher Lazaro, Coral Gables Real Estate Broker Associate, to verify.
Is the home in a flood zone, and what does that mean?
Flood zones indicate the predicted risk of flooding for a property. You can find FEMA definitions here and View the FEMA flood map for this address to see the specific designation for 261 Navarre Ave # 1. Lenders often require flood insurance in high-risk zones.
Contact Christopher Lazaro, Coral Gables Real Estate Broker Associate, to verify these details.
Are pets allowed?
Pets are allowed, with restrictions (or possible restrictions) per the MLS record. We will pull the association's exact current pet rules for this unit on request. Separate federal accommodation rules apply if a documented service animal or ESA is involved.
Contact Christopher Lazaro, Coral Gables Real Estate Broker Associate, to verify these terms.
How is the price set and is there room to negotiate?
The list price of $1,099,000 reflects current market conditions. Miami-Dade condos have recently been closing at 94% of list, about 64 days on market (MIAMI REALTORS®, May 2026).
The specific valuation for this unit comes from a CMA. Contact Christopher Lazaro, Coral Gables Real Estate Broker Associate, for a Coral Gables-specific CMA to verify these figures before setting an offer.
What financing step do you recommend before touring?
Secure a pre-approval from a licensed Florida mortgage professional before touring 261 Navarre Ave # 1. This step confirms your purchasing power for the $1,099,000 list price and protects your interests during negotiations.
Contact Christopher Lazaro, Coral Gables Real Estate Broker Associate, to verify the current status of the property.
Monthly Fees & Carrying Costs
| Association Fee | $836 / month |
| Total Monthly Fees | $836 / month |
- Membership Required: No
- Application Fee: $100 (one-time)
Have a question about this Coral Gables listing?
Talk directly with Christopher Lazaro, your Coral Gables real estate advisor. No pressure — real answers.
Address
Open on Google Maps-
Address: Navarre Ave
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City: Coral Gables
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State/county: Miami-Dade County
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Zip/Postal Code: 33134
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Area: GABLES COURT TOWNHOMES CO
Details
Updated on June 11, 2026 at 12:49 pm-
Property ID A11984266
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Price $1,099,000
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Property Size 1520 Sq Ft
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Bedrooms 3
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Room 0
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Bathrooms 2.5
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Garages 2
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Year Built 1992
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Type Townhouse
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Property Status Active, Residential
Additional details
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Flooring Wood
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Bedroom Features Primary Bedroom Upstairs
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Cooling Ceiling Fan(s), Central Air
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Association Type Condo
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Building Villa Toscana
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Association Fee Frequency Monthly
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Area Gables Court Townhomes Co
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Annual Tax 12177
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Association Yes
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Elementary School Sunset
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Private Pool No
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Listing Terms All Cash, Conventional
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Waterfront No
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Full Bathrooms 2
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Subdivision GABLES COURT TOWNHOMES CO
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Total Stories 3
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Restrictions Ok To Lease
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Maintenance Includes Building Exterior, Common Area, Manager, Outside Maintenance, Trash Removal
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Amenities None
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Parking 2 Or More Spaces
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Heating Central
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Structure Type Townhouse Fee Simple, Townhouse
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Tax Year 2025
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Construction Concrete Block Construction
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Building Area 1520
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Covered Spaces 2
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Middle School Ponce De Leon
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Unit Floor 1
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View Garden View
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Year Built Details Resale
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High School Coral Gables
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Pets Allowed Yes
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Attached Yes
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Unit Number B-1
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Half Bathrooms 1
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Flood Zone X
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Patio / Porch Awning(s), Open Balcony
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New Construction No
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Garage Spaces 2
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Style Townhouse Fee Simple
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Association Fee 836
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Lot Size (Sq Ft) 0
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Membership Purchase Required No
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