60 Edgewater Dr TS-A, Coral Gables, FL 33133 — MLS photo

Get More Info About This Property

60 Edgewater Dr TS-A, Coral Gables, FL 33133

Active · Condominium

$8,900,000

60 Edgewater Dr TS-A, Coral Gables, FL 33133

Beds
5
Baths
8
Living area
10,190 sq ft
$ / sq ft
$873/sq ft
Year built
2003
Lot size
—
HOA fee
$4,554 Monthly
Annual tax
$131,635

About this property

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.

Property location

Get Directions

60 Edgewater Dr TS-A, Coral Gables, FL 33133

Loading property location…

Facts & features

Interior

Bedrooms
5
Bathrooms
8
Living area
10,190 sq ft
Flooring
Hardwood, Marble, Tile, Wood
Appliances
Built In Oven, Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Self Cleaning Oven, Wine Cooler, Washer
Cooling
Central Air
Heating
Central
Interior features
Built In Features, Bedroom On Main Level, Closet Cabinetry, Entrance Foyer, First Floor Entry, High Ceilings, Kitchen Island, Living Dining Room, Pantry, Bar, Central Vacuum

Exterior & Structure

Property type
Condominium
Year built
2003
Stories
18
Architectural style
Penthouse
Construction
CBSConcrete Block Structure, Block
Exterior features
Balcony, Security High Impact Doors
Pool
Association
Waterfront
Bayfront, Canal Front, Ocean Access, Seawall
View
Bay, Canal, Ocean

Parking

Garage spaces
3
Covered spaces
3
Parking features
Assigned, Two Or More Spaces

HOA, Community & Financials

Association fee
$4,554 Monthly
Fee inclusions
Amenities, Cable Tv, Maintenance Grounds, Maintenance Structure, Pest Control, Pools, Security, Trash
Amenities
Boat Dock, Clubhouse, Fitness Center, Pool, Spa Hot Tub, Tennis Courts, Elevators
Security
Door Man, Elevator Secured, Secured Garage Parking, Lobby Secured, Security Guard, Smoke Detectors
Pets allowed
No, Yes
Annual tax
$131,635
Subdivision
THE GABLES CONDO
County
Miami-Dade
Days on market
172
MLS listing ID
A11994710
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$24,370

Cap rate
2.4%
Net yield
2.4%
Cash-on-cash return
-11.7%
Gross yield
5.8%
Mortgage payment
$42,191/mo
Down payment
$2,225,000
Loan amount
$6,675,000
Annual NOI
$213,841

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.