3500 Coral Way Ph 10 Ph 10
33.8 · Below Average
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3500 Coral Way Ph 10 Ph 10

Miami · Miami-Dade County · FL 33145

condo48 days on market

Property Details

List Price$399,000
Bedrooms2
Bathrooms2
Living Area842 sqft
Lot Size
Year Built2002
Listed2026-03-16

Investment Estimate

Est. Monthly Rent$3,392/mo
Est. Cap Rate10.20%
Gross Rent Multiplier9.8

Description

Immaculate 2-bedroom, 2-bathroom penthouse unit located in an unbeatable location just steps from Miracle Mile and minutes from Brickell and Downtown Miami. This bright and spacious condo features an open layout with a split floor plan, a beautifully updated kitchen with quartz countertops, stainless steel appliances, and an in-unit washer and dryer. Both bedrooms include custom California closets, and the updated bathrooms offer modern finishes. Enjoy spectacular panoramic views from this top-floor residence. The home has been well maintained with a newer A/C unit (approximately 4 years old) and a water heater that was replaced about a year ago. The building offers great amenities including a concierge desk, pool, gym, and resident lounge. Prime walkable location near supermarkets, restaurants, cafes, gyms, and all the shopping and entertainment of Miracle Mile.

Source: realtor.com · ID: miami-dade-realtor-6269589218 · Last seen: 5/3/2026

Score Breakdown

Composite score:33.8/ 100

Each factor is normalized 0–100 within its county (percentile rank). Contributions show how many points each factor added to the composite score.

Cap Rate(weight 35%)
35.0contributes +12.3 pts

Estimated annual rent yield relative to list price, normalized within county.

Population Growth(weight 20%)
70.0contributes +14.0 pts

Zip-level YoY population growth from Census ACS estimates.

Employment Growth(weight 15%)
50.0contributes +7.5 pts

Metro-level employment and wage growth from BLS QCEW data.

Price Trend(weight 15%)
0.0contributes +0.0 pts

Zip-level YoY median sale price change from Redfin Data Center.

Flood Penalty(weight 15%)
0.0contributes +0.0 pts

FEMA NFHL flood zone severity. Lower is better (0 = no risk, 100 = high risk).

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