515 Valencia Ave

Coral Gables, FL 33134

$3,850,000

$1,504/ft²

3Beds

3.5Baths

2,560Sq ft

2022Year built

CondoType

About this home

Welcome to Villa Valencia #601, an exceptional 3-bedroom, 3.5-bath residence offering sophisticated living in the heart of Coral Gables. Private elevator entry with secure fob access opens directly into a beautifully finished home featuring porcelain flooring, custom millwork, integrated cabinetry, cove lighting and expansive living and dining spaces designed for both everyday living and entertaining. The sleek kitchen features Italcraft lacquer cabinetry, Wolf appliances including microwave, steam and conventional ovens, and a 30” Sub-Zero refrigerator and freezer. Floor-to-ceiling glass connects the interior to an expansive covered terrace overlooking the pool, complete with an outdoor kitchen and generous space for dining and lounging—offering the outdoor lifestyle of a single-family home with the convenience of luxury condominium living. Villa Valencia offers 24/7 attended security and an exceptional collection of amenities, highlighted by a 25-meter resort-style pool with poolside cabanas, along with BBQ and entertaining areas, sauna, steam room, cold plunge, jacuzzi, golf and racing simulators, billiards, resident lounge and workspaces, and complimentary coffee. Ideally situated near Miracle Mile, renowned dining and shopping, Granada Golf Course, The Biltmore Hotel, parks, fitness and the best of Coral Gables.

Features

Private pool

Property details

Listing

MLS #: A12074478
Status: For sale
Listed on: Aug 20, 2026
Days on market: 7 days
Listing data updated: Aug 20, 2026

Interior

Beds: 3
Baths: 3.5
Living area: 2,560 ft²
Price per ft²: $1,504/ft²
Unit: 601

Building & community

Type: Condo
Year built: 2022
HOA fee: $4,441/mo
County: Miami-Dade

Lot & exterior

Private pool: Yes

Days on market, price per ft² and the monthly HOA amount are calculated by this site from the MLS data shown; the association fee is normalized to a monthly figure.

What's nearby

Elementary school: SOMERSET GABLES ACADEMY · 0.4 mi away
Middle school: SOMERSET GABLES ACADEMY · 0.4 mi away
High school: CORAL GABLES SENIOR HIGH SCHOOL · 1 mi away
Transit: BILTMORE WY & HERNANDO ST · 0.1 mi away
Supermarket: Publix · 0.3 mi away
Park: Merrick Park · 0.2 mi away
Pharmacy: Navarro Discount Pharmacy · 0.6 mi away

Straight-line distances · Sources: NCES/FL DOE, GTFS Miami-Dade and Broward, OpenStreetMap

True monthly cost

Mortgage (principal & interest): $19,468
Property taxes (est.): $3,529
Home insurance (est.): $2,888
Flood insurance (est.): —
HOA fee: $4,441

Estimated total$30,326*/mo

* Some cost lines aren't available yet for this listing; the total shown is incomplete.

Based on 20% down, a 6.5% rate and a 30-year loan, plus this home's estimated Florida carrying costs. All figures are illustrative estimates — not quotes, not financial or insurance advice.

Sources: flood zone — FEMA National Flood Hazard Layer; mortgage, taxes and insurance figures — this site's own estimates; HOA / CDD — as reported for this listing.

What will this home really cost you?

Building structural health (SIRS)

No filing record found

We couldn't find a SIRS filing record for this building in Florida's public DBPR database. That is not a red flag by itself: buildings under three stories are exempt, recent or mailed-in filings may not appear yet, and the name or address on file may differ from this listing.

Questions about this

What is a SIRS and why does it matter?

Since the Surfside collapse, Florida requires condo and co-op buildings three stories or taller to complete a Structural Integrity Reserve Study: an inspection-based plan that forces the association to fund structural repairs (roof, load-bearing walls, plumbing, electrical) instead of deferring them. It matters because underfunded buildings are the ones that surprise owners with large special assessments.

Has this building filed its SIRS?

We didn't find a filing record for this building in the DBPR's public database. Absence of a record does not mean the building is out of compliance — it may be exempt (under three stories), the filing may be recent or on paper, or the recorded name/address may differ. It IS the right question to ask before offering.

What is a special assessment?

A one-off charge the association levies on every owner when reserves don't cover a needed repair — in older coastal buildings they have ranged from a few thousand to over $100,000 per unit. The SIRS exists precisely to make these predictable and funded in advance. Always review the building's budget, reserves and meeting minutes before buying.

What should I check before buying in this building?

Florida law gives buyers the right to review the association's SIRS, milestone inspection reports, budget and reserves — the full study is available from the association by written request. Nilyan requests and walks through these documents with her buyers as part of the offer process.

Source: Florida DBPR public SIRS reporting database. Filing status is self-reported by the association; this is not an audit, inspection or safety certification, and absence of a record does not mean non-compliance. Data as of July 30, 2026.

Want the full structural picture of this building before you offer?