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Waterfront · Condominium
$549,900$478 / sqft
100 Edgewater Dr # 115, Coral Gables FL 33133
Listed
2
Bedrooms
2
Bathrooms
1,150 sqft
Interior
1970
Year built
$1,164 / mo
HOA
Condominium
Type
About this home
Waterfront living in the heart of Coral Gables! This spacious 2 bed/2 bath condo at Waters Edge sits on the scenic Gables Waterway, just minutes from Coconut Grove, South Miami and the University of Miami. Two full baths, a walk-in shower and a dressing area by the bedroom add everyday comfort. Bring your vision and make it your own in one of Miami’s most desirable areas. Relax by the pool overlooking the waterway and marina, unwind in the sauna, or fire up the BBQ on the large patio. The building also offers elevators, laundry on every floor, a meeting room, bike storage, package lockers, an assigned parking space and guest parking. Boaters will love the on-site marina with bridge-free access to Biscayne Bay; slips are separate from the unit and may be rented or purchased when available.
Features
- First Floor Entry
- Barbeque
- Other View
Leasing
- Minimum lease
- 180 days
- Leases permitted per year
- 2
Leasing terms as stated in the MLS listing, not verified by us. The association’s governing documents control what is actually permitted and can change — confirm before you buy.
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
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 33 active listings; the middle half ask $2,675–$4,700.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.