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Waterfront · Condominium
$8,900,000$873 / sqft
60 Edgewater Dr # A, Coral Gables FL 33133
Listed
5
Bedrooms
8
Bathrooms
10,190 sqft
Interior
2003
Year built
$4,554 / mo
HOA
Condominium
Type
About this home
Rare two-story Tower Suite penthouse at The Gables Club offering breathtaking panoramic views of Biscayne Bay & the Miami skyline. Featuring 5 beds, 6.5 baths, & over 10,190 SF of interior space plus 2,600+ SF of expansive terraces, this exceptional residence showcases a private elevator entry, dramatic 30-foot ceilings, formal dining room, gourmet kitchen with butler’s pantry & secondary kitchen, as well as a loft-style entertainment level complete with bars, media room, and two private offices. The primary suite is a private retreat featuring dual bathrooms & oversized walk-in closets, complemented by five additional en-suite bedrooms. Finishes include limestone flooring, Venetian plaster walls, custom built-ins, and striking Chihuly-style ceiling artwork. A Crestron smart home system, surround sound, & impact windows provide modern comfort & security. Multiple terraces, including one with a built-in BBQ, offer seamless indoor-outdoor living. This offering includes three assigned parking spaces, one of which is located in a private air-conditioned garage, additional storage, & an approximately 70-foot boat slip. Residents of The Gables Club enjoy an exclusive, resort-style lifestyle with access to a private marina, multiple swimming pools and spa areas, state-of-the-art fitness centers, lighted clay tennis courts, a waterfront clubhouse with dining & social spaces, 24/7 concierge, valet, & gated security, all within one of Coral Gables’ most prestigious waterfront community.
Features
- First Floor Entry
- Bar
- Built-in Features
- Closet Cabinetry
- Cooking Island
- Entrance Foyer
- Pantry
- Volume Ceilings
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 5-bed rentals across Miami-Dade, from 26 active listings; the middle half ask $24,500–$49,900.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.