The Riviera At Coral Lake Homes for Sale

The Riviera At Coral Lake is a community in Miami, Miami-Dade County, Florida. Active listings are priced from $449,000 to $498,000. Homes were built between 1990 and 1991. Pure Equity lists homes in The Riviera At Coral Lake 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 The Riviera At Coral Lake and the Miami 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 5 The Riviera At Coral Lake Miami homes for sale as of October 2026. The median asking price is $465,000. Asking prices run from $449,000 to $576,000.

That is 27% below the Miami median of $639,000. On a per-foot basis, homes here ask about $298 per square foot, compared with $497 across Miami. So the median price buys roughly 1,550 square feet of living area.

Listings here have averaged 89 days on the market. That is faster than the Miami average of 138 days. As a result, buyers here should be ready to write an offer soon after a showing.

Homes listed in The Riviera At Coral Lake date from 1990 to 1991. That puts them between 35 and 36 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 The Riviera At Coral Lake have a median asking rent of $3,300 per month, across 3 active rental listings. For comparison, the Miami median is $2,950, so rents here run 12% higher.

For investors, those medians imply a gross yield near 8.5% 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 Miami rentals or ask us for a rent estimate on a specific The Riviera At Coral Lake home.

Here is what the median The Riviera At Coral Lake price means in Florida closing terms. At $465,000, a 20% down payment comes to about $93,000, leaving a loan near $372,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $1,302. Next, the intangible tax of 0.2% adds about $744. 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 $2,789 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 The Riviera At Coral Lake listings show assignments to Charles R. Hadley (elementary), Ruben Dario (middle) and Miami Coral Park (high). However, boundaries can change each year, so confirm the assignment for a specific address with Miami-Dade County Public Schools.