$540,000
5555 Ludlam Rd # 41, South Miami FL 33155 – Residential
Ludlam Rd
- 2 beds
- 2.5 baths
- 1,007 sqft
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Miami
For Sale
CONDOMINIUM PRICE REDUCED
7040 Coral Way # 501, Miami FL 33155
7040 Coral Way # 501, Miami FL 33155
$315,000
₿≈ ₿4.9300
MLS F10540122 · 229 days on market
2
Beds
2
Baths
1,060
SQUARE FEET
Condominium
Type
1984
Built
$340
HOA / mo
Listing courtesy of
LPT Realty, LLC
Claudia C Monasterio
MLS® #F10540122
Listing information last updated July 21, 2026
MiamiCityRealty.com is an agent's best friend. We proudly co-broke and partner with LPT Realty, LLC — and every agent and broker in Miami — to get the deal done.
Overview
This condo in Miami has 2 bedrooms and 2 bathrooms across 1,060 square feet, and is listed for sale at $315,000 (about $297 per square foot). Built in 1984.
Picture yourself sipping your morning coffee high above the city, then ending the day with spectacular Miami sunsets from your private penthouse balcony. This beautiful 2-bedroom, 2-bath residence combines modern finishes, stunning views, and the effortless South Florida lifestyle buyers dream about. Porcelain floors Large private balcony Pool and city views Gated community 2 parking spaces + guest parking Low HOA fees Some photos have been virtually staged to showcase the home’s full potential. Penthouse living is calling. Bonus*** The seller is contributing 5 K to the buyer towards the appliances!- 20% needed for down payment. 20% is needed for the down payment.
Listing history
Price reduced
↓ $5,000 from $320,000 · May 20, 2026 · MIAMI MLS
$315,000
Listed for sale
Dec 8, 2025 · MIAMI MLS
$325,500
Days on market
as of today
229 days
Building & financials
FROM MIAMI MLSThe carrying-cost and structural facts that close or kill a Miami deal — straight from the listing feed.
HOA / association dues
$340 / mo
Annual property tax (2024)
$747
Association type
Condo
HOA dues include
ParkingPool ServiceTrash RemovalWater
Dues, taxes, and association data per MIAMI MLS and public records; flood zone from FEMA NFHL. Verify with the HOA, county, and your insurer during due diligence.
Property details
MLS #F10540122
Price$315,000
Size1,060 Square Feet
Bedrooms2
Bathrooms2
Garage2
Year built1984
TypeCondominium
StatusFor Sale
HOA$340 / mo
Price / Square Feet$297
Features & amenities
Electric Range
Electric Water Heater
First Floor Entry
Has a View
Has Cooling System
Has Garage
Has Heating System
Has Pool
Has Waterfront
Home Owners Association
Interior Hall
Microwave
Other
Property Attached
Refrigerator
Split Bedroom
Tennis Court(s)
Walk-In Closet(s)
Location
7040 Coral Way # 501, Miami FL 33155
Estimate your payment
$
Est. monthly payment
—
per month
Principal & interest—
Property tax (est.)—
HOA$340
Down (20%)—
Estimate only — not a Loan Estimate, pre-approval, or commitment. Taxes, insurance & HOA vary. Confirm with a licensed lender.
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List your rental →Listing data © MIAMI MLS · IDX information deemed reliable but not guaranteed · 229 days on market.
We do not advertise a “free” buyer’s agent; buyer-representation compensation is disclosed in writing. Bitcoin pricing is indicative and updates with the market — not financial, tax, or legal advice. Buyer to independently verify all measurements, assessments, and flood & insurance facts.