CENTURY 21 Edge
$505,000$520,0002 bd2 ba1,011 sqft$500 /sqft$4,661 /mo all-in ↓

1627 SW 37th Ave # 1103, Miami FL 33145, MIAMI, FL, 33145

Active284 days on marketListed Nov 6, 2025MLS #A11909780

Reduced $15KCondominiumGABLES VIEW CONDO

About this home

1627 SW 37th Ave # 1103, Miami FL 33145

Rarely available, penthouse corner unit with magnificent views of Coral Gables and Downtown Miami skyline. Split floor plan 2 bedrooms, 2 bathroom condo in Gables View with a prime location, minutes away from Miracle Mile, close to UM and the airport. Enjoy beautiful north-west-facing views of the South Florida sunsets from the spectacular large corner terrace (access from living room & primary suite). Washer/dryer in unit. Resort-style amenities include a beautiful pool area, fitness center, billiard room, clubhouse facility & security. Quiet well managed building with reserves, and concierge (8am-11pm). 2 assigned garage parking spaces.

Facts & features

The home at a glance

2

Bedrooms

2

Bathrooms

1,011

Sqft

2

Garage

2004

Year built

$500

Per sqft

Skyline view

Inside

FlooringCarpet · Tile
AppliancesDishwasher · Disposal · Dryer · Electric Water Heater · Microwave · Electric Range · Refrigerator · Washer
InteriorFire Sprinklers · Roman Tub · Split Bedroom
CoolingCeiling Fan(s) · Central Air
HeatingCentral

Outside & construction

ConstructionConcrete Block Construction · CBS Construction
ViewSkyline
FacesWest
Parking2 Or More Spaces · Assigned · Covered · Limited # Of Vehicle
ExteriorOpen Balcony

Community & fees

HOA fee$667/mo
Taxes (2025)$7,655/yr
PetsRestrictions Or Possible Restrictions

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.

$4,661 /mo · 3.5% down FHA, 30-yr fixed at 6%

Principal & interest$2,973
FHA mortgage insurance (est.)$223
Property tax — 2025 actual bill$638
Condo fee — from the listing$667
Insurance (FL estimate)$160

The assumptions

Loan typeFHADown payment3.5% · $17,675Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

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

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type
Down payment3.5% · $17,675
Interest rate6.00%
Loan term

Estimated payment

$4,661/mo

Principal & interest$2,973
FHA mortgage insurance (est.)$223
Property taxes (actual bill)$638
HOA / condo fee$667
Est. insurance$160

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.

List $505K
$462KedgeAI estimate $554,338 · range $481K$713K$741K

vs edgeAI estimate

−8.9%

$/sqft vs Miami actives

$500 vs $508

Days on market

284 vs 66 typical

Where $500/sqft sits among the 400 Miami actives

162
102 · this home
55
29
19
33
$184–416$416–648$648–881$881–1113$1113–1346$1346+

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

Map of 1627 SW 37th Ave # 1103, Miami FL 33145 inside its neighborhood boundary

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

HighCoral Gables Senior High School★★★★★
ElementaryFrancis S.Tucker K-8 Center★★★★★
MiddlePonce De Leon Middle School★★★★★
District Instructional Center (Dic)
Instructional Center System Wide
Title I Migrant Education Program

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The Miami market

Seller’s marketLeans buyer18.3 months of inventoryBuyer’s market

$508K$590K

Miami median sold, yr/yr

97.6%

Sale-to-list ratio (12 mo)

37 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 35% above the MIAMI 33145 median. See the full Miami market guide →

Paper trail

This home's history

CurrentPrice reduced to $505,000 $15K
Nov 6, 2025Listed at $520,000 · 284 days on market since
2004Built · GABLES VIEW CONDO

Reality check

What actually sold near 1627 SW 37th Ave # 1103

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

1627 SW 37th Ave # 207, Miami FL 33145Sold · Dec ’25

$520,000

1627 SW 37th Ave # 207, Miami FL 33145 · same community

2 bd · 2 ba · 1,018 sqft · $511/sqft · 33 DOM

1627 SW 37th Ave # 406, Miami FL 33145Sold · May ’26

$430,000

1627 SW 37th Ave # 406, Miami FL 33145 · same community

2 bd · 2 ba · 966 sqft · $445/sqft · 128 DOM

2818 Coconut Ave # 2818, Miami FL 33133Sold · Oct ’25

$885,000

2818 Coconut Ave # 2818, Miami FL 33133

2 bd · 2.5 ba · 1,000 sqft · $885/sqft · 14 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.

Krystina Allen

Your agent

Krystina Allen

Real Estate Agent · CENTURY 21 Edge

Tours, negotiation, and every question about 1627 SW 37th Ave # 1103 — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 1627 SW 37th Ave # 1103 — before you fall in love.

See it in person

Schedule a tour

Live availability from Krystina's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.

Straight answers

1627 SW 37th Ave # 1103 FAQs

What would the monthly payment be for 1627 SW 37th Ave # 1103, Miami FL 33145?+

With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $4,661/mo — principal and interest, the actual property-tax bill, the $667/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 1627 SW 37th Ave # 1103, Miami FL 33145?+

The association fee works out to $667 per month. Ask us for the full association documents — they spell out exactly what the fee covers.

What are the property taxes on 1627 SW 37th Ave # 1103, Miami FL 33145?+

The most recent tax bill on record (2025) was $7,655. 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 1627 SW 37th Ave # 1103, Miami FL 33145?+

The listing reports pets: Restrictions Or Possible Restrictions. 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 $505,000, this home is listed about 17% below the Miami median of $610,000. The market section on this page shows how the area is trending.

Which schools are assigned to 1627 SW 37th Ave # 1103, Miami FL 33145?+

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

01Positioned at the premium end

$505,000 runs 35% above the MIAMI 33145 median.

02Skyline views

The skyline view is part of what you're buying — views hold value independently of the structure.

03Know the monthly fee

The association fee is $667/mo. That usually buys real services — verify what's covered before comparing this home against fee-free alternatives.

04Time on market is leverage

284 days on market against a Miami median of 66 — sellers in this position are usually ready to negotiate.

05The price has already moved

Listed at $520,000, now $505,000 — a $15K cut. The full history is in the market section below.

Listing courtesy of United Real Estate Miami · Francy Freixas. MLS #A11909780.

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 Miami Association of REALTORS®.

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