28
  • Type
  • Condominium
  • 1
  • Bedroom
  • 1
  • Bathroom
  • 1
  • Garage
  • 605 Sq Ft
  • Area Size
3500 Coral Way # 1011, Miami FL 33145 | Miami-Dade County | A12008203
  • $285,000

Description

LOCATION-DRIVEN INVESTMENT OPPORTUNITY IN THE HEART OF MIAMI. Currently leased at $2,200/month through Feb 2027, this 1-bedroom/1-bath unit offers an ideal opportunity for investors seeking immediate income. Located along the iconic Coral Way corridor, this residence offers exceptional connectivity to Coral Gables, Brickell, Downtown Miami, major highways, and Miami International Airport—making it highly desirable for tenants and future owners alike.
Miracle Mile / Coral Gables: 5-7 min.
Brickell: 12–15 min
Downtown Miami: 15-20min
Coconut Grove: 10–15 min
Miami Int’l Airport: 12–18 min
Quick access to US-1 / I-95 / Dolphin Expwy

Property Overview

This is a 605-square-foot condo in the Coral Plaza building, built in 2002. It has one bedroom and one full bathroom. The unit is currently leased through February 2027 at $2,200 per month, offering an immediate income stream for an investor. The condo is in the heart of Miami on Coral Way, a major corridor. This central location provides quick access to major destinations, with estimated drives of 5 to 7 minutes to Coral Gables, 10 to 15 minutes to Coconut Grove, and 12 to 15 minutes to Brickell. It is also convenient to Miami International Airport and major highways like US-1, I-95, and the Dolphin Expressway. The monthly HOA fee is $598. For specific details about the lease terms or showing the property, please call 305-859-4733.

Frequently Asked Questions

What is the current income potential for this Coral Plaza condo?

The unit is currently leased at $2,200 per month through February 2027, providing immediate rental income for a buyer.

What are the monthly carrying costs?

The HOA fee is $598 per month. This is in addition to the mortgage, property taxes, and insurance.

What is the unit's size and layout?

It is a 605-square-foot condo with 1 bedroom and 1 full bathroom.

How convenient is the location for getting around Miami?

The property is on Coral Way, with quick access to US-1, I-95, and the Dolphin Expressway. Driving times are approximately 5-7 minutes to Coral Gables, 12-15 minutes to Brickell, 10-15 minutes to Coconut Grove, and 12-18 minutes to Miami International Airport.

When was the Coral Plaza building constructed?

The building was constructed in 2002.

Monthly Fees & Carrying Costs

Association Fee $598 / month
Total Monthly Fees $598 / month
  • Membership Required: No
  • Application Fee: $150 (one-time)

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  • Address: Coral Way
  • City: Miami
  • State/county: Miami-Dade County
  • Zip/Postal Code: 33145
  • Area: CORAL PLAZA OF MIAMI COND

Details

Updated on July 16, 2026 at 11:34 am
  • Property ID A12008203
  • Price $285,000
  • Property Size 605 Sq Ft
  • Bedroom 1
  • Room 0
  • Bathroom 1
  • Garage 1
  • Year Built 2002
  • Type Condominium
  • Property Status Active, Residential

Additional details

  • Flooring Tile
  • Bedroom Features At Least 1 Bedroom Ground Level
  • Cooling Central Air
  • Association Type Condo
  • Building CORAL PLAZA
  • Association Fee Frequency Monthly
  • Area Coral Plaza Of Miami Cond
  • Annual Tax 4641
  • Association Yes
  • Elementary School Tucker;F.S.
  • Private Pool No
  • Listing Terms All Cash, Conventional
  • Waterfront No
  • Full Bathrooms 1
  • Subdivision CORAL PLAZA OF MIAMI COND
  • Total Stories 14
  • Restrictions No Trucks/Rv'S
  • Maintenance Includes Sewer, Trash Removal, Water
  • Amenities Elevator(s), Exercise Room, Pool, Sauna
  • Parking 1 Space, No Rv/Boats, No Trucks/Trailers
  • Heating Electric
  • Structure Type Condo 5+ Stories, Condo
  • Tax Year 2025
  • Construction CBS Construction
  • Building Area 605
  • Covered Spaces 1
  • Middle School Ponce De Leon
  • Unit Floor 10
  • View Other View
  • Year Built Details Resale
  • High School Coral Gables
  • Pets Allowed Yes
  • Attached Yes
  • Unit Number 1011
  • Half Bathrooms 0
  • Flood Zone X
  • New Construction No
  • Garage Spaces 1
  • Style Condo 5+ Stories
  • Association Fee 598
  • Lot Size (Sq Ft) 0
  • Membership Purchase Required No

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