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Waterfront · Condominium
$825,000$630 / sqft
90 Edgewater Dr # 225, Coral Gables FL 33133
Listed
2
Bedrooms
2
Bathrooms
1,310 sqft
Interior
1969
Year built
$1,613 / mo
HOA
Condominium
Type
About this home
Experience waterfront living at its finest in this fully remodeled residence at Gables Waterway Towers. This 2 bedroom, 2 bathroom home features a seamless open floor plan highlighted by modern finishes and floor-to-ceiling views with impact windows throughout overlooking the sparkling pool and the serene Gables Waterway canal. Residents enjoy a high-touch service experience with a 24/7 concierge, valet, and security. The lifestyle here is unmatched, offering a heated pool, fitness center, game room, and a stylish party/media room for entertaining. The building has updated the hallways and common areas as well. For boating enthusiasts, slips are available for lease or sale. Located in a residential pocket with easy access to the vibrant energy of Coconut Grove, this unit also includes 1 dedicated parking space. The maintenance fee offers ultimate convenience covering water/sewer, trash, pest control, basic cable, and high-speed internet. This is a rare opportunity to enjoy a turnkey, worry-free lifestyle on the water.
Features
- Lobby
- First Floor Entry
- Built-in Features
- Walk-In Closet(s)
- Open Balcony
- Canal
- Pool Area View
Leasing
- Minimum lease
- 365 days
- Leases permitted per year
- 1
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.