CORAL GABLES DOUGLAS SEC

40 Salamanca Ave # 7, Coral Gables FL 33134

1 beds · 1 baths · 600 ft²

Closed

$230,000

22.03%

Est. Payment $1,224/mo

MLS Sheet Video

1

Bedrooms

1

Bathrooms

600

Sq. Ft.

1954

Year Built

2

Stories

165

Days on Market

Description

Large Price Reduction! HURRY - Motivated Seller! Great opportunity to live in a lovely 1 bed / 1 bath unit in the heart of Coral Gables, just a block and a half east of Ponce de Leon Blvd. This adorable building offers mid-century style with a beautiful swimming pool and off-street parking. This 2nd-floor corner unit offers more windows than most of the other units in the building to allow more natural light to fill the space. LOW Condo/HOA Dues!!! This area is very walkable. Publix is within walking distance, and an area favorite - Tinta y Café is just a short stroll to the corner of Salamanca & Ponce. No leasing is permitted, this home is for adult owner-occupants which means that every resident cares deeply about taking care of their home and common areas! ***CA$H OFFERS ONLY***

Facts

MLS#
A11538374
Subdivision
CORAL GABLES DOUGLAS SEC
Property Type
Residential
Property Sub Type
Stock Cooperative
Year Built
1954
Lot Size
0 sqft
Sq. Ft.
600 ft²
Sq. Mt.
56 m²
Price per sq. ft.
$383/ft²
Price per sq. mt.
$4,107/m²
Stories
2
Garage
Pool
Days on Market
165 days
Listed
Feb 22, 2024
Last Updated
Sep 12, 2024
Price/Lot Sq.Ft.

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Coral Gables

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

May 2026

100/100
Buyers marketSellers market

41

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

9/12/2024Sold$230,000
7/20/2024Price change$230,000-22.0%
2/22/2024Listed for sale$295,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

40 Salamanca Ave # 7, Coral Gables FL 33134Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Estimated Monthly Payment

$1,566/mo

Principal & Interest

$1,224

Property Tax

$192

Insurance

$150

HOA

$0

20% ($46,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

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