Properties for Sale in Coral Terrace, Florida, United States

Real estate in Coral Terrace

Florida, a state of the United States, is a major hotspot for both domestic and international real estate buyers and investors. If you are seeking the perfect family residence or an investment property bathed in sunshine and near sparkling beaches, Coral Terrace should be your top choice. This charming suburb in Miami-Dade County, with its close proximity to the coast and a mix of modern and traditional homes, has earned its reputation as a "Tropical Paradise" for its appealing architecture and lush scenery. Before you reach out to a local realtor, take some time to understand the real estate landscape in this area, the types of homes for sale in Coral Terrace, and the price range for owning a property in such a distinctive locale. This part of Florida offers a wide variety of real estate; from luxurious waterfront homes to charming mid-century modern homes, and even a good number of condos and townhouses. The diverse property types coupled with the area's attractive amenities make Coral Terrace a desirable place to invest in real estate. Prices range depending on the size, location, and quality of the property, so conducting research prior to your investment is beneficial.

Coral Terrace properties: Market trends overview

The Coral Terrace real estate market has seen consistent value appreciation, making it a go-to location for overseas investors and buyers, especially those hailing from South America, Europe and Canada. The allure of Coral Terrace lies in its perfect blend of the casual Floridian lifestyle and the excitement of Miami city life, as Coral Terrace is conveniently located near numerous recreational amenities and golf courses, as well as the lively Miami area. Coral Terrace offers a dynamic mix of suburban tranquility, rich local history, and an enviable quality of life. In recent years, the local government of Coral Terrace has devoted increased resources into the development of the area, offering a variety of housing types for both domestic and overseas house hunters. From sleek, contemporary condominiums and townhouses to traditional single-family homes and luxury penthouses, there are numerous real estate options in Coral Terrace, Florida, catering to different budget requirements and lifestyle choices. This makes the charming neighborhood a highly-sought after area for foreign buyers.

Average price of a property for sale in Coral Terrace

What might be the expected cost to purchase a property in Coral Terrace, Florida? The answer to this question can shift significantly due to various influences, including the type of property, its proximity to key attractions like the beach or city center, available facilities, and personal parameters such as the desire for luxury features, size considerations, and accessibility requirements. Current data indicates that the peak asking price for properties on the market in Coral Terrace was $500 per square foot. The priciest real estate can be located in the heart of Coral Terrace area. On the other end of the spectrum, the most affordable properties, with an average price per square foot of $375, can be found in the outskirts of Coral Terrace area. The median list price for a residence within Coral Terrace currently stands at around $530,000. Just like in the case of Mijas, the property prices in Coral Terrace vary greatly, influenced by an array of factors.

Types of properties can you find in Coral Terrace

Coral Terrace, Florida offers a variety of real estate options, ranging from modest single-family homes to upscale mansions, beachfront condos to modern style apartments. Exceptional properties for sale are often situated within secure residential communities. Prospective buyers can find 3-4 bedroom houses with expansive patios and dual-story residences. Each level of these homes typically offers independent entrances and encompasses large patios and fully-equipped kitchens. Individuals searching for a luxury lifestyle can consider a state-of-the-art mansion located in a prime location in Coral Terrace, overlooking the ocean. These properties are often within a short walk to the beach, making them an idyllic choice for everyday living.