Home » Miami » Coral Plaza of Miami at 3500 Coral Way Miami » 3500 Coral Way 1511, Miami, FL 33145 | A11528198

3500 Coral Way 1511, Miami, FL 33145 | Sold

$355,000
closed for a price of $335,000

Property Highlights

Listing ID A11528198 Status of this Listing: Closed Sold Property Type Residential Condominium 1 Bedrooms 1 Bathrooms Total 1 Full Bath Living Space 605 Sqft/56.21 m2 approx. Building Area 605 Sqft/56.21 m2 approx. COMMUNITY POOL Year Built 2002 Lease Term Minimum Duration: 365 What it means?Refers to a regulation set by the property association, stipulating that each rental agreement for the property must be for a duration of at least 365 days. This rule ensures that every time the property is rented out, the lease term cannot be shorter than the specified minimum period. Time of this property from published date until Closing Date 50 Days
25 Photos of this Property

3500 Coral Way 1511, Miami, FL 33145

Property Description: Coral Plaza is a 200 unit luxury condo built in 2007. This penthouse boasts breath-taking balcony views of the Coconut Grove and the Coral Gables Skyline. Amenities include pool, fitness center, sauna, billiards & club room, as well as 24-hour security and concierge. Walking distance to Miracle Mile and a short drive to Brickell and the Commercial Business District (CBD). Fully renovated with top tier appliances. Open kitchen, new AC, new range, new dishwasher and new fridge. Washer and dryer in the unit. Built in closets. Perfect as an income-producing investment property. Tenant occupied on monthly lease.

Useful Info

Contingency:Pending Inspections
Original List Price:$355,000
Close Price:$335,000

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Resale
Architectural Style:
  • High Rise
Entry Level (floor):15
Entry Level Location:15
Construction Materials:
  • Block
Flooring:
  • Ceramic Tile
Number of stories:15

Property Features

View from the Property:
  • Other
Waterfront:No
Swimming Pool Features:
  • Association
Security:
  • Smoke Detector(s)
  • Door Man
  • Elevator Secured
  • Lobby Secured
Appliances:
  • Dryer
  • Dishwasher
  • Disposal
  • Refrigerator
  • Washer
  • Freezer
  • Electric Water Heater
Interior Features:
  • Eat-in Kitchen
  • Other
Exterior Features:
  • Balcony
Patio and Porch Features:
  • Balcony
  • Open
Window Features:
  • Impact Glass
Green Energy Efficient:
  • Hvac
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating:Yes
Heating System:
  • Central
Property Entrance Faces:
  • South
Other Equipment:
  • Intercom

Taxes and Expenses

Tax Annual Amount:$4,494

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2023
Association Fee:$543
Association Fee Frequency:
  • Monthly
Property Tax Status:Tax Reflects No Exemptions

Terms

Listing Terms Considered by Seller:
  • Cash
  • Va Loan
  • Other
Occupant Type:
  • Tenant
Buyer Possession:
  • Closing & Funding
Buyer Financing:
  • Conventional
Lease Considered:No

Community

Pets Allowed?:
  • Yes
  • Conditional
Amenities Provided by the Homeowner's Association (HOA):
  • Business Center
  • Pool
  • Trash
  • Elevator(s)
  • Fitness Center
Subdivision Name:CORAL PLAZA OF MIAMI COND
Association Fee Includes:
  • Water
  • Trash
  • Pool(s)
  • Common Areas
  • Association Management
  • Insurance
  • Recreation Facilities
  • Amenities
Complex Name:Coral Plaza of Miami Cond
Senior Community:No
Restrictions: Other Restrictions

Parking

Garage:Yes
Garage Spaces:1
Covered Spaces:1
Parking Features:
  • One Space

More Details

Other Information:
Unit View: Other View
Housing Older Persons Act: Unverified
Unit Design: High Rise
Type of Association: Condo
Minimum Number of Days for Lease: 365
Type of Governing Bodies: Condominium
Tax Information: Tax Reflects No Exemptions
Number of times allowed to lease per year: 1
Flood Zone : X
Homeowner's Association Application Fee: 100
Style: Condo 5+ Stories
FEMA Flood Zone Designations: X
Municipal Code: 1
Subdivision Number: 102
Pet Fee: 0
Buyer Country of Residence: Unknown/Withheld

Zoning and Legal

Tax Legal Description:CORAL PLAZA OF MIAMI CONDO UNIT 1511 UNDIV 0.00479% INT IN COMMON ELEMENTS OFF REC 20252-0418 COC 22122-3013 02 2004 1
Real Estate Folio Number (Parcel Number):01-41-16-102-1430
Public Survey Township:1
Public Survey Range:41
Public Survey Section:16

Listing History

Update/EventDate/Days
Published Date:February 6, 2024 12:01 pm
On Market Date:February 5, 2024
Close Date:March 27, 2024
Price Change Date Time:February 6, 2024 10:00 am
Last Important Update Description:Closed
Date and Time of Last Important Update:April 4, 2024 9:37 am
Status Last Changed:April 4, 2024 9:37 am
Photos Last Modified:February 6, 2024 5:29 pm
Last Modified:April 4, 2024 1:38 pm
Days on the Market Reference Date:April 4, 2024
Days on the Market (updated on Last Modified*):14
Cumulative Days on the Market (updated on Last Modified**):14

Additional Information

Unit Location:High Rise
Number of Photos Count:25
Area:41
Ref ID:1060125622
Courtesy of:RE/MAX Advance Realty
Universal Property Id:US-12025-N-0141161021430-R-N

Location

Show Property Address:Yes
Street Name:Coral Way
Street Number:3500
Street Address:3500 Coral Way 1511
Unit Number:1511
City : Miami
State : Florida
Zip Code : 33145
County : Miami-Dade County
Full Address:3500 Coral Way 1511, Miami, FL 33145
Latitude:N25° 44' 58''
Longitude:W81° 44' 57.8''

Neighborhood

Postal City:Miami

Property Map

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