4 months on rocket

3500 Coral Way Unit 511, Miami, FL, 33145

$310,000

Home List Price

$3,681*

Closing Credit

1 Bedroom
1 Full Bath
605 SqFt
$512/SqFt
Condo

Location

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3500 Coral Way Unit 511, Miami$310,000

Buyer Closing Credits

$3,681*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
ParkingOne Space
Garage2 spaces
Year Built2002
HeatingCentral
CoolingCentral Air
ViewPool
MLS #A11630611
StatusActive

About 3500 Coral Way Unit 511

PRICED TO SELL!!! Prime Location. This property is minutes from MIA airport, major highways, US1, Brickell, and the beach!!! It is a fantastic investment opportunity with a potential rental income of $2,200. It's just a few blocks from the beautiful Miracle Mile, offering access to great shops and restaurants. Two bus stops are within walking distance. The building amenities include a gym, pool, sauna, and billiard/game room, with 24-hour security. The building's dedicated maintenance staff is committed to upholding pristine cleanliness throughout all building areas. ADDED BONUS: It includes TWO parking spaces. The unit is tenant-occupied. All information is deemed reliable and subject to errors, omissions, and changes without notice. All information is to be verified by the Buyer.

Property Details

Property Features

Property Information:

  • Architectural Style: High Rise
  • Year Built: 2002
  • Living Area: 605 SqFt

Listing Office:

  • Office Name: Miami Premier Realty
  • Office Phone: (786) 268-1961
  • Listing Agent: Milagros Cobos

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Refrigerator, Washer
  • Flooring Type: Carpet, Tile
  • Interior: Bedroom on Main Level

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • View: Pool
  • Exterior: Balcony

Parking Information:

  • Garage Space: 2 spaces
  • Parking: One Space

Virtual/3D Tour

  • Virtual Tour: 3500 Coral Way Unit 511
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Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $310,000
  • Price Per SqFt: $512/SqFt

HOA Fees:

  • Amount: $582
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Miami, FL.

Med. Sold Price

$565.6K

Med. Price/SqFt

$391

Avg. Days On Market

60

# of Sold Homes

595

3500 Coral Way Unit 511 vs Miami

144 DAYS ON ROCKET

+84 Days

$310,000

-$255.6K Less

$512/SqFt

+$120 More

KEY TAKEAWAY

This property is $255.6K less than the Median Sold Price and $120/SqFt more than other homes in Miami, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11630611

Listing Office:

  • Office Name: Miami Premier Realty
  • Office Phone: (786) 268-1961
  • Listing Agent: Milagros Cobos

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing 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. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 8:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,197

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$996

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4460020
9
/10
  • Coral Gables Preparatory Academy

  • 105 Minorca Ave

  • 0.55 miles

  • Public District Grades PK-5

school-card-donut-4460021
4
/10
  • Silver Bluff Elementary School

  • 2609 SW 25th Ave

  • 1.04 miles

  • Public District Grades PK-5

school-card-donut-4460022
4
/10
  • Auburndale Elementary School

  • 3255 SW 6th St

  • 1.22 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $56,686. Residents of Miami, FL typically earn between $35k-100k each year. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3500 Coral Way Unit 511

What is the listing price of this property?

The listing price of 3500 Coral Way Unit 511 property is $310,000.

What type of property is this?

The property 3500 Coral Way Unit 511 is a condo located in Miami, Florida, 33145.

Is this property for sale now?

Active Listing: 3500 Coral Way Unit 511 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 3500 Coral Way Unit 511 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 3500 Coral Way Unit 511 is 605 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3500 Coral Way Unit 511 is 2002.

Rocket HomesFloridaMiami-Dade CountyMiami331453500 Coral Way Unit 511

This home is located at 3500 Coral Way Unit 511 in Miami, FL and zip code 33145 in the Douglas Park neighborhood. This 605 square foot home was built in 2002. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since July 26, 2024 and is currently priced at $310,000.

In November 2024 more than 38 listings in Miami, FL were sold above the asking price. During the same period more than 112 listings were sold at asking price, while more than 445 were sold below. The number of homes for sale in Miami, FL increased by 6.7% between October 2024 and November 2024. In November 2024 median list price was $565,671 and the average listing age was 60 days.

From Rocket Homes Real Estate and based on county public records data.

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