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+21 photosLuxury condo — 6815 Edgewater Drive 105 · Admiral Farragut Condo · Coral Gables
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Open property magazine$565,000
6815 Edgewater Drive 105, Coral Gables, FL 33133
Coral Gables, FL, 33133
2 bd · 2 ba · 1,060 sqft
Listed by Compass Florida, LLC
6815 Edgewater Drive 105, Coral Gables, FL 33133
Listed by Compass Florida, LLC
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Estimated monthly payment
$4,430/mo
Know your costs before you buy
Work through three numbers: your estimated monthly payment, the cash needed at closing, and insurance & flood.
Estimated monthly payment $4,430/mo · principal, interest, taxes, insurance and HOA. Verify before you buy.
Cash to close includes the down payment, lender and title costs, taxes, insurance prepayments and escrow deposits. Editable estimate only.
Insurance and flood: AE · verify insurance quotes before buying.
About this home
Find similar homesRemodeled 2/2 in boutique waterfront building is a 1st floor which is truly the second floor. Parking located on the ground floor with elevator that is steps from the unit. New kitchen with hardwood cabinetry & stainless steel appliances, sealed carrera marble countertops. Tastefully honed and polished travertine floors throughout. East morning sun brightens the open living, dining and kitchen. Recessed lighting. Large principal bedroom exquisitely marble tiled en-suite. IMPACT windows & sliding doors. Balcony faces & accesses pool & canal. Washer/dryer in unit. Storage room available, covered parking (one assigned space), community pool & community dock. No bridges to bay. Best location in Gables between South Gables & South Coconut Grove on a quiet street surrounded by excellent schools. Additional parking is available via permit thru the City of Coral Gables for spaces along Edgewater Drive This unit DOES NOT come with a private dock. Structural reserves & financial reserves are sound.
Why we flagged this one
A transparent review of current MLS facts—not a paid placement.
Price reduced 19%
The seller has come down from $699,000 to $565,000 — a $134,000 reduction since it came on the market.
239 days on market
Longer time on market usually means the seller is more open to negotiating on price and terms.
Price reductions and days on market come from this listing's MLS record. This is an initial market signal, not a formal appraisal or full comparable market analysis.
Building health
- Building
- ADMIRAL FARRAGUT CONDO· MLS
- Year built
- 1968· MLS
- Stories
- 3· MLS
- Units
- Not provided —
- Milestone inspection
- Not provided —
- Milestone date
- Not provided —
- SIRS
- Not provided —
- SIRS date
- Not provided —
- Special assessments
- Not provided —
- Assessment amount
- Not provided —
- Assessment purpose
- Not provided —
- Assessment due date
- Not provided —
- Reserves
- Not provided —
- Minimum lease term
- Not provided —
- Rentals per year
- Not provided —
- Pet rules
- Yes· MLS
- Age restriction (55+)
- Not provided —
- HOA fee
- $801 / month · billed Monthly· MLS
Last updated Not provided, source: MLS remarks —
Always review the association's milestone inspection report, SIRS, budget and the last 24 months of board minutes before you buy.
Property Details
Dogs
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Cats
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Your costs (est.)
≈ $4,430/mo
6815 Edgewater Drive 105, Coral Gables, FL 33133 · Coral Gables
Location
6815 Edgewater Drive 105, Coral Gables, FL 33133
Dock & Draft Match™
Building marina - confirm slip size with listing agent
Boat fit not verified. Confirm dock length, depth, bridges and ocean access before buying.
One home, every check
Dock & Draft Match™ brings this home's dock length, low-water depth, every bridge, the ocean run, frontage and yacht size together in one place. Estimate only, not guaranteed. Verify before you buy or sell.
What buyers ask about this home
What are the estimated monthly carrying costs at 6815 Edgewater Drive 105, Coral Gables, FL 33133?+
Property tax (after sale): $697/month est.; homeowners insurance: $0/month est.; HOA: $801/month. Fixed ownership costs before a mortgage: $1,498/month est. Principal and interest: $2,932/month; PMI: $0/month. Total for the payment scenario shown: $4,430/month est. Flood insurance is not included. Estimate only, not guaranteed. Verify before you buy or sell.
Will property taxes go up after I buy 6815 Edgewater Drive 105, Coral Gables, FL 33133?+
Usually yes. In Florida the assessed value resets to market value in the year after a sale, so the seller's current tax bill is rarely what a new owner pays. Budget roughly 1.8–2.0% of the purchase price annually until you file for homestead exemption and the Save Our Homes cap (or the 10% non-homestead cap) starts limiting increases.
Does 6815 Edgewater Drive 105, Coral Gables, FL 33133 need flood insurance, and what drives the premium?+
Most of Coral Gables sits in a FEMA flood zone, and lenders require flood coverage in high-risk zones. Premiums are driven by elevation certificate, flood zone, roof age and shape, and whether the home has impact windows or accordion shutters. Ask for the current declarations page, the four-point inspection and wind mitigation report early — they set your real cost of ownership.
What should I check about the association before buying 6815 Edgewater Drive 105, Coral Gables, FL 33133?+
For a Florida condo, review the milestone structural inspection and the Structural Integrity Reserve Study, current reserve balances, any pending or recently voted special assessment, the association's insurance and its litigation history. Ask how many units are owner-occupied and whether the lender will approve the building — a poorly funded association is the single biggest hidden cost in a condo purchase.
Can 6815 Edgewater Drive 105, Coral Gables, FL 33133 be rented out?+
Rental rules are set by the association's documents, not the MLS. Many Coral Gables luxury buildings limit leases to once or twice a year with a minimum term and require board approval and an application fee. Request the declaration and rules before your inspection period ends if rental income matters to your plan.
Is there room to negotiate on 6815 Edgewater Drive 105, Coral Gables, FL 33133?+
This listing has been on the market 239 days. Leverage comes from days on market, price history, comparable closed sales and the seller's motivation — not from a fixed percentage. I pull the full history and the true comps before we write, so the offer is built on what the property is actually worth today. Call or text (954) 562-1798 for that analysis.
Neighborhood & Commute
Located in Coral Gables, this property offers the South Florida lifestyle — warm-weather living year-round with easy access to the Atlantic coast, A-rated schools, and major business centers.
Approximate Drive Times
Drive times are estimates based on straight-line distance at typical South Florida traffic speeds. Actual times vary with traffic and routing.
Assigned schools for this address
Coconut Grove Elementary School
Elementary · 1.6 mi from this home · 3351 Matilda St, Coconut Grove
Ponce De Leon Middle School
Middle school · 1.4 mi from this home · 5801 Augusto St, Coral Gables
Coral Gables Senior High School
High school · 2.0 mi from this home · 450 Bird Rd, Coral Gables
Zone boundaries published by Miami-Dade County Public Schools.
Other options for this address
ST. Stephen'S Episcopal Day School
Elementary · Private · Catholic · Grades PK–5 · Coconut Grove
Somerset Academy Charter Middle School (South Miami Campus)
Middle school · Charter · Grades 6–8 · South Miami
Carrollton School-Sacred Heart
Pre-K & Kindergarten · Private · Catholic · Grades PK–12 · Miami
School assignment is set by the district and can change. Always confirm the zoned school with the district before you buy.
The home, in a magazine
A closer look at this home and its lifestyle — dedicated to you and your family.
Open the magazine
Simon Gedz
Realtor® since 1995
Interested in this property?
$565,000 · MLS A11983757
$565,000
6815 Edgewater Drive 105
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