HomeCondos for SaleGables Waterway TowersUnit 1120
90 Edgewater Drive, Unit 1120
+21 more
$405K

Gables Waterway Towers Unit 1120

90 Edgewater Drive, Unit 1120 • Coral Gables, FL 33133

at Gables Waterway Towers

Beds
1
Baths
2
Living Area
910 SF
Price / SF
$445
HOA / Monthly
$1,145
Days on Market
86
Insider Price

About This Unit

Reimagine a premier southeast-corner residence at Gables Waterway Tower—offered as a blank canvas ready for your vision. This one-bedroom, one-and-a-half-bath residence captures sweeping views of the ocean, marina, and Miami skyline from a sun-filled layout with a private balcony. Offered without finished renovations, this is an ideal opportunity to create a bespoke home without paying for finishes you may not appreciate. Located in one of Coral Gables’ most coveted waterfront buildings, Gables Waterway Tower is a full-service, resort-style condominium featuring 24-hour concierge and security, fitness center, pool, sauna, game and party rooms, and marina access. Maintenance includes air conditioning, hot water, and basic cable. A rare chance to design a custom waterfront residence in an exceptional southeast-corner setting with enduring views and an unmatched location.

Pricing at Gables Waterway Towers — $445/sqft
Gables Waterway Towers Unit 1120 is listed at $445/sqft.
Gables Waterway Towers Unit 1120 vs Recent Sold Listings at Gables Waterway Towers: This unit is +0.9% higher (+$4/more per sqft) than recent 1BR sales (median $441/sqft, based on 8 sales over 9 months).
Insider Negotiation Strategy: 1BR units at Gables Waterway Towers typically close at 96.5% of asking. At that ratio, this unit could plausibly trade around $390,704.
Based on live MIAMIRE active & closed listings at Gables Waterway Towers.
Time on Market — 86 days
Gables Waterway Towers Unit 1120 has been on the market for 86 days.
Building-level pace data is thin for this bedroom count.
Estimated Monthly Cost
Mortgage (P&I)
$2,199
HOA
$1,145
Property Tax
$513
Total / mo
$3,857
Assumes 7.20% rate on 20% down (30-year fixed). Tax effective rate 1.52%. HOA $1.26/sqft · All-in $4.24/sqft / month. Excludes wind / flood / contents insurance — verify your actual rate with a lender.

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Recent Comparable Sales

Active 1BR Comps at Gables Waterway Towers

UnitListSqft$/sqftDOM
#— 910 $445 86

Recent Closed 1BR Sales

ClosedUnitSold$/sqftvs List
2025-08-29 #— $495,000 $544
2025-10-31 #— $349,000 $384
2025-12-12 #— $440,000 $484
2026-01-15 #— $342,000 $389
2026-02-23 #— $435,000 $478
Comps are limited to the same bedroom count. Sold prices reflect what closed buyers actually paid.
What to Verify
Flood Zone: This unit is in flood zone AE. High-risk flood zone (Special Flood Hazard Area). Federal flood insurance required for federally-backed mortgages.
Building Age: Built in 1969 (57 years old) — past Florida's 40-year recertification trigger; verify milestone status.
Ricky will verify all of the above with the HOA before closing.
💰 Current Owner's Cost Basis
The current owner bought this unit Jun 2001 for $154,000 — held 25 years. They’re now asking $405,000+163.0% (+$251,000) vs. cost basis.
Source: most recent qualified deed on file with the Miami-Dade Property Appraiser.
Sales History
Date Price Type
Jun 2001 $154,000 arm’s-length
Aug 2000 $139,000 arm’s-length
Apr 1998 $110,000 arm’s-length
Sep 1994 $98,000 arm’s-length
May 1990 $80,000 arm’s-length
Jan 1985 $80,500 arm’s-length
Source: Miami-Dade Property Appraiser. County living area: 910 sqft.
Unit: 1120
Year Built: 1969
Stories: 13
City: Coral Gables
Postal Code: 33133
HOA Fee: $1,145 / Monthly
View: Canal, Other View, Water View
Waterfront: Yes
Private Pool: No
Heating: Central
Cooling: Central Air
Days on Market: 86
Listed: January 27, 2026
MLS #: A11952352

Location

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Listing courtesy of: One Sotheby's International Realty
Information provided by Miami Association of Realtors / SEFMLS • Deemed reliable but not guaranteed • MLS #: A11952352 • Updated Apr 23, 2026
Ricky Garcia Miami Realtor
Your Miami Insider

Ready to Make an Offer?

Ricky Garcia  |  Global Luxury Realty  |  License #3521781

Ricky has closed deals at Gables Waterway Towers. He knows the HOA, the best floors, and which units to avoid. Get a free no-pressure market analysis before you make any offer.

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