3232 CORAL WAY UNIT 1607, MIAMI, FL, 33145
Active267 days on marketListed Nov 8, 2025MLS #GC534889
About this home
3232 CORAL WAY UNIT 1607
Experience urban living at its finest in Gables Marquis, one of Coral Gables’ most desirable addresses. This bright and elegant 1-bedroom, 1-bath residence features a spacious open layout, a modern kitchen with granite countertops and stainless steel appliances, and a private balcony with city views. The bedroom offers great natural light and generous closet space. Enjoy resort-style amenities including a pool, gym, 24-hour security, and covered parking. Perfectly located minutes from Miracle Mile, University of Miami, and the best shops, dining, and cafes in the Gables. Ideal for investors or end-users seeking comfort, convenience, and timeless style.
Facts & features
The home at a glance
1
Bedrooms
1
Bathrooms
792
Sqft
1
Garage
2007
Year built
One
Levels
$441
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.
$3,687 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$3,687/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs Miami actives
$441 vs $540
Days on market
267 vs 26 typical
Where $441/sqft sits among the 400 Miami actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Coral Way
Get to know Miami. See the full Miami guide →
Coral Way — neighborhood snapshot
Population
40,864
Median age
43
Median income
$83,194
Median home value
$548,495
Avg household
2
Households w/ children
4,292
For the school run
Dade County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Miami market
$495K → $560K
Miami median sold, yr/yr
98.2%
Sale-to-list ratio (12 mo)
29 of 400
Miami actives have cut their price
Median sold price, Miami, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 7% below the MIAMI 33145 median. See the full Miami market guide →
Paper trail
This home's history
Reality check
What actually sold near 3232 CORAL WAY UNIT 1607
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Dec ’25$1,150,000
2655 S Bayshore Dr # 1407, Miami FL 33133
1 bd · 1 ba · 764 sqft · $1,505/sqft · 335 DOM
Sold · Apr ’26$450,000
3304 Virginia St # 6B, Miami FL 33133
2 bd · 2 ba · 744 sqft · $605/sqft · 145 DOM
Sold · Apr ’26$493,000
2801 Florida Ave # 433, Coconut Grove FL 33133
1 bd · 1 ba · 691 sqft · $713/sqft · 7 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Eric Chery
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 3232 CORAL WAY UNIT 1607 — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 3232 CORAL WAY UNIT 1607 — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to Eric's phone and CRM.
Straight answers
3232 CORAL WAY UNIT 1607 FAQs
What would the monthly payment be for 3232 CORAL WAY UNIT 1607?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $3,687/mo — principal and interest, the actual property-tax bill, the $825/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
How much are the HOA fees at 3232 CORAL WAY UNIT 1607?+
The association fee works out to $825 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 3232 CORAL WAY UNIT 1607?+
The most recent tax bill on record (2024) was $5,912. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 3232 CORAL WAY UNIT 1607?+
The listing reports pets: Size Limit. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Miami?+
At $349,000, this home is listed about 30% below the Miami median of $500,000. The market section on this page shows how the area is trending.
Which schools are assigned to 3232 CORAL WAY UNIT 1607?+
Coral Gables Senior High School (high), Francis S.Tucker K-8 Center (elementary), Ponce De Leon Middle School (middle), District Instructional Center (Dic) (), Instructional Center System Wide (), Title I Migrant Education Program () — Dade County School District. Always verify school assignments with the district before relying on them.
The brief
Five things that matter here
01Under the MIAMI 33145 market on paper
$349,000 is 7% below the MIAMI 33145 median of $375,000, and at $441/sqft it sits under the Miami average of $469.
02City views
The city view is part of what you're buying — views hold value independently of the structure.
03Know the monthly fee
The association fee is $825/mo. That usually buys real services — verify what's covered before comparing this home against fee-free alternatives.
04Time on market is leverage
267 days on market against a Miami median of 26 — sellers in this position are usually ready to negotiate.
05The price has already moved
Listed at $350,000, now $349,000 — a $1K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of ARIUM REAL ESTATE, LLC · Jorgelina Bembhy. MLS #GC534889.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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