S Coral Homes Homes for Sale

S Coral Homes Sec 3 is an age-restricted 55+ community in Cutler Bay, Miami-Dade County, Florida, governed under the Housing for Older Persons Act (HOPA). Homes are priced from $514,900 to $660,000. At least one resident per home must be 55 or older. Pure Equity lists homes in S Coral Homes and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.

Pure Equity Realty covers S Coral Homes and the Cutler Bay area. We list for 1%, which includes photography, MLS syndication, and negotiation support. Buyers pay nothing for representation. For current market data, see Florida Realtors' market statistics.

Our MLS feed shows a single listing for S Coral Homes Cutler Bay homes for sale as of October 2026. The median asking price is $625,000.

That sits close to the Cutler Bay median of $599,000. On a per-foot basis, homes here ask about $436 per square foot, compared with $323 across Cutler Bay. So the median price buys roughly 1,450 square feet of living area. With so few listings, though, treat these figures as a snapshot rather than a trend.

Listings here have averaged 10 days on the market. That is faster than the Cutler Bay average of 90 days. As a result, buyers here should be ready to write an offer soon after a showing.

Homes listed in S Coral Homes date from 1954 to 1955. That puts them between 71 and 72 years old.

All of these homes predate Florida's 2002 statewide building code. So roof age, window protection and the wind mitigation report matter a great deal for insurance.

In addition, most Florida insurers ask for a four-point inspection on homes 30 years or older. It covers the roof, electrical, plumbing and HVAC. Updated systems usually make coverage easier to place.

Rentals in S Coral Homes have a median asking rent of $2,600 per month, across 3 active rental listings. For comparison, the Cutler Bay median is $2,400, so rents here run 8% higher.

You can browse current Cutler Bay rentals or ask us for a rent estimate on a specific S Coral Homes home.

Here is what the median S Coral Homes price means in Florida closing terms. At $625,000, a 20% down payment comes to about $125,000, leaving a loan near $500,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $1,750. Next, the intangible tax of 0.2% adds about $1,000. Buyers normally pay both at closing.

On the seller side, Miami-Dade charges deed stamps of 60 cents per $100 on a single-family home, about $3,750 at this price. Condos and other property types pay a higher rate.

Finally, owner-occupants should file for the Florida homestead exemption by March 1. It removes up to $50,000 of assessed value. After that, Save Our Homes caps yearly assessment increases at 3% or inflation, whichever is lower. To see what these numbers mean for your budget, get pre-approved before you tour.

Recent S Coral Homes listings show assignments to Cutler Ridge (elementary), Cutler Bay Middle (middle) and Miami Southridge (high). However, boundaries can change each year, so confirm the assignment for a specific address with Miami-Dade County Public Schools.