90 Edgewater Drive # 1120, Coral Gables FL 33133 | Miami-Dade County | A11952352
- $405,000
- $405,000
Description
Reimagine a premier southeast-corner residence at Gables Waterway Tower—offered as a blank canvas ready for your vision. This one-bedroom, one-and-a-half-bath residence captures sweeping views of the ocean, marina, and Miami skyline from a sun-filled layout with a private balcony. Offered without finished renovations, this is an ideal opportunity to create a bespoke home without paying for finishes you may not appreciate. Located in one of Coral Gables’ most coveted waterfront buildings, Gables Waterway Tower is a full-service, resort-style condominium featuring 24-hour concierge and security, fitness center, pool, sauna, game and party rooms, and marina access.
Property Overview
This is a 1-bedroom, 1.5-bath condominium of about 910 square feet at 90 Edgewater Drive # 1120, Coral Gables FL 33133 (Coral Gables 33133), listed at $405,000.
Monthly Costs, Stated Plainly
The monthly HOA fee is $1,145.
The tax of record is $6,151 (2025). As an ESTIMATE ONLY — Florida reassesses at sale — at this price and a Miami-Dade rate near 2.0%: without homestead, about $8,100/yr (≈ $675/mo); with the homestead exemption on a primary residence, about $7,100/yr (≈ $592/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 $405,000. This unit is offered unfurnished. All fixtures and built-in appliances are included in the sale.
The home does not include private amenities. The community, however, provides shared access to a pool, marina, boat dock, exercise room, community room, laundry, and elevators. For precise verification of what is included and to review the HOA's governing documents, contact Christopher Lazaro, Coral Gables Real Estate Professional.
Where exactly is it, and what should I know about the location?
The condominium is at 90 Edgewater Drive in Coral Gables 33133, situated on the coastal corridor between downtown and Coconut Grove. Its location offers direct access to US-1 for commutes and is proximate to local shopping and dining districts.
For a detailed discussion of the immediate area and its amenities, you should contact Christopher Lazaro, Coral Gables Real Estate Professional, to schedule a property tour.
What are the HOA / association fees, and what do they cover?
The monthly HOA fee for this residence is $1,145. The association assessment covers a defined list of services: All Amenities, Cable TV, Common Area maintenance, Elevator, Hot Water, Insurance, Landscaping/Lawn Maintenance, Legal/Accounting, Manager, Other Maintenance Includes, Pool Service, Reserve Fund contributions, Security, Trash Removal, and Water.
Please be aware that community policies are also governed by city ordinances. For a complete review of the financials and covenants, contact Christopher Lazaro, Coral Gables Real Estate Professional, to verify all details.
What are the property taxes and homestead implications?
The tax of record is $6,151 for 2025. As an estimate only—Florida reassesses upon sale—the annual property tax at this list price would be approximately $8,100 without a homestead exemption, or about $7,100 with one, as the homestead exemption lowers the taxable value for a primary residence. These are preliminary estimates, not quotes; you must confirm with the Miami-Dade Property Appraiser and a tax professional.
For precise figures and guidance specific to this condominium, you should contact Christopher Lazaro, Coral Gables Real Estate Professional.
Is the home in a flood zone, and what does that mean?
A property's flood zone, defined by FEMA, indicates its risk of flooding. You can view the FEMA flood map for this address to see its specific designation. Lenders typically mandate flood insurance for homes in high-risk zones, which is a key cost consideration.
For precise verification of this property's status and the associated implications, please contact Christopher Lazaro, Coral Gables Real Estate Professional.
Are pets allowed?
The MLS record for 90 Edgewater Drive #1120 states: Dogs OK. We will obtain the condo association's current pet rules for this specific unit upon request.
For documented service animals or emotional support animals, separate federal accommodation rules apply. To verify the exact pet policy, contact Christopher Lazaro, Coral Gables Real Estate Professional.
How is the price set and is there room to negotiate?
Miami-Dade condo sales in May 2026 showed a clear market pattern, with properties closing at 94% of their final list price after approximately 64 days on market. For a precise valuation of 90 Edgewater Drive #1120, we conducted a Comparative Market Analysis specific to Coral Gables condominiums.
To review that analysis and discuss a strategic offer, please contact Christopher Lazaro, Coral Gables Real Estate Professional, for verification and guidance.
What financing step do you recommend before touring?
Before touring any property, I advise securing a mortgage pre-approval. This involves speaking with a Florida-licensed mortgage loan officer, which you can begin at Get-PreApproved.com. For the listed unit at $405,000, this step clarifies your precise budget and strengthens your position.
To verify any financial details or discuss the property further, you should contact Christopher Lazaro, Coral Gables Real Estate Professional, directly.
Monthly Fees & Carrying Costs
| Association Fee | $1,145 / month |
| Total Monthly Fees | $1,145 / 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: Edgewater Drive
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City: Coral Gables
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State/county: Miami-Dade County
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Zip/Postal Code: 33133
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Area: GABLES WATERWAY TOWERS CO, Gables Waterway
Details
Updated on June 30, 2026 at 4:42 pm-
Property ID A11952352
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Price $405,000
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Property Size 910 Sq Ft
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Bedroom 1
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Room 0
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Bathrooms 1.5
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Garage 0
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Year Built 1969
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Type Condominium
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Property Status Active, Residential
Additional details
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Flooring Carpet, Tile
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Waterfront Features Canal Front, Waterfront
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Bedroom Features Other
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Cooling Central Air
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Association Type Condo
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Building GABLES WATERWAY
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Association Fee Frequency Monthly
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Area Gables Waterway Towers Co
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Annual Tax 6151
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Association Yes
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Elementary School Coconut Grove
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Private Pool No
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Listing Terms All Cash, Conventional
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Neighborhood Coral Gables/Grove
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Waterfront Yes
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Full Bathrooms 1
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Subdivision GABLES WATERWAY TOWERS CO,GABLES WATERWAY
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Total Stories 13
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Restrictions Ok To Lease, Okay To Lease 1st Year, See Broker Remarks
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Amenities Boat Dock, Laundry, Community Room, Elevator(s), Exercise Room, Exterior Lighting, Marina, Pool
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Parking 1 Space, Assigned, On Street, Valet
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Heating Central
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Structure Type Condo 5+ Stories, Condo
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Tax Year 2025
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Construction Concrete Block Construction, CBS Construction
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Building Area 910
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Covered Spaces 1
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Middle School Ponce De Leon
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Unit Floor 11
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View Canal, Other View, Water View
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Year Built Details Effective Year Built
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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 1120
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Inclusions Deeded Dock,Other,Private Dock,Restricted Salt Water Access
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Half Bathrooms 1
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Flood Zone AE
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Patio / Porch Deck, Patio
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New Construction No
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Garage Spaces 0
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Style Condo 5+ Stories
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Association Fee 1145
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Lot Size (Sq Ft) 0
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Membership Purchase Required No
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