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Waterfront · Condominium
$650,000$534 / sqft
6815 Edgewater Dr # 301, Coral Gables FL 33133
Listed
2
Bedrooms
2
Bathrooms
1,218 sqft
Interior
1968
Year built
$800 / mo
HOA
Condominium
Type
About this home
Prestigious city of Coral Gables Corner 2BR/2BA unit includes 1,218 Sq. Ft. This remodeled unit provides an open-concept floor plan seamlessly connects kitchen and family room, creating a bright and inviting atmosphere. Unit provides spacious balcony. The remodeled kitchen features stainless appliances, quartz counter tops along with a convenient in-unit washer and dryer. This waterfront building offers opportunities for boating and plenty of water sports activities with direct access to bay, a beautiful outdoor lifestyle that makes Coral Gables so desirable. Additional parking available through the City of Coral Gables. Storage available. Located near University of Miami, Village of Merrick Park Shops, grocery stores and everyday conveniences. Well maintained building with reserves.
Features
- Built-in Features
- Closet Cabinetry
- Family Room
- East Of Us1
- Other
- Garden View
- Other View
Leasing
- Minimum lease
- 365 days
- Leases permitted per year
- 1
- No Daily Rentals
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 2-bed rentals in Coral Gables, from 35 active listings; the middle half ask $3,000–$4,500.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.