# Gables Waterway Towers

As of 2026-10-31, Gables Waterway Towers in Coconut Grove has 10 units for sale at a median asking price of $587K ($530/sqft); 11 units sold in the last 12 months.

Gables Waterway Towers is a luxury waterfront condominium located in a residential neighborhood between Coral Gables and Coconut Grove.

## Key facts

| | |
|---|---|
| Address | 90 Edgewater Dr |
| Neighborhood | Coconut Grove |
| Year built | 1969 |
| Floors | 15 |
| Units | 356 |
| Waterfront | yes |
| Developer | Gables Waterway Towers |
| For sale | 10 |
| Pending | 1 |
| Median asking price | $587,000 |
| Median asking $/sqft | $530/sqft |
| Sold, last 12 months | 11 |
| Median sold $/sqft, 12 months | $484/sqft |
| Months of inventory | 10.9 |
| Median HOA | $1,380/mo |
| Parking | The building offers valet parking and some units include a dedicated parking space. |

## Own Miami measures

- **own.miami Building Score: 70 (A−)**
  - Value: 69 — $530/sqft — vs. Coconut Grove condos, then all of Miami
  - Momentum: 82 — +13.8% $/sqft over 6 months
  - Liquidity: 55 — 10.9 months of supply · 63 days on market
  - Health: 93 — Verified records on file — nothing adverse
  - Waterfront: 90 — Waterfront building
  - Age: 7 — Built 1969 — vs. Coconut Grove buildings
- **Own Miami Condo Index: 81** (value; 100 = the market-median building, 200 = twice its $/sqft; rank 503 of 695 tracked Miami condos)
- **Financeability Index: 66** (good; 12-month window, 8 recorded mortgages, 35% of sales bank-financed, lowest down payment 10%, as of 2026-11-01)
- Special-assessment outlook: watch (next structural milestone inspection due 2034)

## Building health (verified public records)

- Public records checked 2026-10-28
- positive: Bank financing — Regulated lenders recorded 8 purchase or refinance loans on this building in the last 12 months, financing 35% of its recorded sales, and accepted a down payment as low as 10%. A bank writing a condominium loan has just checked the building's reserves, insurance, litigation and owner-occupancy against its own standards — verified due diligence, read from the public record. Financeability Index 66/100. (2026-11-01)
- positive: No special assessment — noted on 2 listings (2026-09-29)
- positive: 40-year recertification completed (2026-09-29)
- Legal & regulatory: 0 material cases active, 0 disputes active, 0 DBPR complaints (36 months) (2026-09-19)

## Frequently asked questions

**How much do condos at Gables Waterway Towers cost?**

There are 10 condos for sale at Gables Waterway Towers, from $420,000, with a median asking price of $587,000 ($530/sqft).

**How much are the HOA fees at Gables Waterway Towers?**

HOA / maintenance fees at Gables Waterway Towers run around $1,380 per month among units currently for sale; the exact fee varies by unit size and line, so confirm the current amount with the listing or the condo association.

**Is Gables Waterway Towers a waterfront building?**

Yes — Gables Waterway Towers is a waterfront building (Coconut Grove).

**When was Gables Waterway Towers built?**

Gables Waterway Towers was built in 1969, 15 stories, 356 residences.

**Who developed Gables Waterway Towers?**

Gables Waterway Towers was developed by Gables Waterway Towers.

## Related pages

- [Coconut Grove — neighborhood guide](https://own.miami/coconut-grove)
- [All units for sale at Gables Waterway Towers](https://own.miami/buildings/gables-waterway-towers/for-sale)
- [Waters Edge](https://own.miami/buildings/waters-edge)
- [Admiral Farragut](https://own.miami/buildings/admiral-farragut)
- [Edgewater East](https://own.miami/buildings/edgewater-east)
- [Tiger's Trapp](https://own.miami/buildings/tiger-s-trapp)

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Source: Own.Miami — https://own.miami · data as of 2026-10-31
Canonical page: https://own.miami/buildings/gables-waterway-towers
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