Atlantic Luxury AdvisorsKeller Williams Realty Services

21 photos

1650 Coral Way #607

Miami, FL 33145

$460,000
2
2
1,030 sq ft
2002
2 car
Condominium
$1,260/mo
52
Active

Listing courtesy of Compass Florida, LLC. Contact: [email protected].

About this home

Corner-unit sunsets over Shenandoah, on the Coral Way Corridor. This renovated 1,030 sq ft residence with two covered assigned parking spaces sits less than a 10-minute drive from Brickell, Coconut Grove, and Coral Gables, without their price tag. Two spacious bedrooms, two bathrooms, and a generous primary suite create a layout built for real living. New AC, floors, kitchen, and appliances mean the big-ticket items are already done. Two oversized west-facing balconies catch the sunset every night, offering a private outdoor retreat above the city. The building sits just off Coral Way, a tree-lined stretch of restaurants, shops, and bars, with The Underline's linear park and trail and several neighborhood dog parks nearby. In-unit washer and dryer and abundant storage round out the unit. Building amenities include a fitness center, party room, game room, and an onsite property manager. Priced under $500K with two covered parking spaces, this combination is hard to find together anywhere near this price point. Shenandoah is Miami's best-kept secret, and this unit is worth seeing first.

Virtual tour
What it costs to own
Estimated monthly payment
$4,524/mo
Principal and interest
$2,326
Property tax
$646
Homeowners insurance
$292
HOA
$1,260

An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.

Florida cost of ownership
Estimated property tax
$7,746/yr

Estimate: the price times the Miami-Dade County average total millage (18.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.

The full yearly cost of owning this home: property tax levy by levy from the published millage of the parcel’s taxing district (a mailing city is not always inside its city limits), the Save Our Homes cap, HOA and the insurance quotes to get.

HOA
$1,260/mo (from the listing)
FEMA flood zone
Lookup unavailable. Check the FEMA map
Hurricane evacuation zone
Lookup unavailable. Know your zone

Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.

Florida condo safety laws

Marbella, A Condo was built in 2002, according to the county property appraiser.

If it has three or more habitable stories, Florida law (s. 553.899, F.S.) requires a milestone structural inspection by December 31 of the year it reaches 30 years of age, then every 10 years; for a building of this age the first one is due by December 31, 2032. A local building official may require it at 25 years near salt water.

Condominium buildings of three or more stories also need a structural integrity reserve study (s. 718.112(2)(g), F.S.) at least every 10 years; associations formed on or before July 1, 2022 had to complete one by December 31, 2025.

Dates follow from the statutes and the year the county appraiser lists for the building, not from the association's records. Ask the association for its milestone inspection report, its most recent structural integrity reserve study and any approved or proposed special assessments, and review them before you buy.

Location
Location from the listing's MLS coordinatesMap data © OpenStreetMap contributors

Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty Services. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.