Coral Bay Manor Homes for Sale

Coral Bay Manor is a residential community in Florida City, Florida.

Pure Equity Realty covers Coral Bay Manor and the Florida City 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 7 Coral Bay Manor Florida City homes for sale as of September 2026. The median asking price is $749,000. Asking prices run from $625,000 to $1.15M.

That is 87% above the Florida City median of $400,000. On a per-foot basis, homes here ask about $305 per square foot, compared with $265 across Florida City. So the median price buys roughly 2,450 square feet of living area.

Listings here have averaged 125 days on the market. That tracks the Florida City average of 120 days, so pricing and terms follow the wider city market.

Homes listed in Coral Bay Manor date from 1956, so they are about 70 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 Coral Bay Manor have a median asking rent of $1,800 per month, across 8 active rental listings. For comparison, the Florida City median is $2,625, so rents here run 31% lower.

For investors, those medians imply a gross yield near 2.9% a year. However, that figure comes before HOA dues, property tax, insurance and vacancy. Also check the association documents first, because many Florida HOAs cap leases or set minimum terms.

You can browse current Florida City rentals or ask us for a rent estimate on a specific Coral Bay Manor home.

Here is what the median Coral Bay Manor price means in Florida closing terms. At $749,000, a 20% down payment comes to about $150,000, leaving a loan near $599,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $2,097. Next, the intangible tax of 0.2% adds about $1,198. 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 $4,494 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 Coral Bay Manor listings show assignments to Laura C. Saunders (elementary), Homestead (middle) and Homestead (high). However, boundaries can change each year, so confirm the assignment for a specific address with Miami-Dade County Public Schools.