Coral Terrace Homes for Sale

Coral Terrace is a waterfront community in Oakland Park, Broward County, Florida. Active listings are priced from $950,000 to $1,100,000. Homes were built between 1958 and 1962. Pure Equity lists homes in Coral Terrace 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 Coral Terrace and the Oakland Park 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 4 Coral Terrace Oakland Park homes for sale as of October 2026. The median asking price is $950,000. Asking prices run from $750,000 to $1.1M.

That is 138% above the Oakland Park median of $400,000. On a per-foot basis, homes here ask about $533 per square foot, compared with $312 across Oakland Park. So the median price buys roughly 1,800 square feet of living area.

Listings here have averaged 142 days on the market. That tracks the Oakland Park average of 123 days, so pricing and terms follow the wider city market.

Homes listed in Coral Terrace date from 1958 to 1962. That puts them between 64 and 68 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.

Coral Terrace includes waterfront homes. Waterfront lots in South Florida often sit in FEMA special flood hazard areas, where lenders require flood insurance. Before you commit, look up the address on the FEMA Flood Map Service Center and ask the seller for an elevation certificate.

Rentals in Coral Terrace have a median asking rent of $5,995 per month, across 1 active rental listing. For comparison, the Oakland Park median is $2,000, so rents here run 200% higher.

You can browse current Oakland Park rentals or ask us for a rent estimate on a specific Coral Terrace home.

Here is what the median Coral Terrace price means in Florida closing terms. At $950,000, a 20% down payment comes to about $190,000, leaving a loan near $760,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $2,660. Next, the intangible tax of 0.2% adds about $1,520. Buyers normally pay both at closing.

On the seller side, Florida deed stamps cost 70 cents per $100 of price. At the Coral Terrace median, that is about $6,650.

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 Terrace listings show assignments to Oakland Park (elementary), James S. Rickards (middle) and Northeast (high). However, boundaries can change each year, so confirm the assignment for a specific address with Broward County Public Schools.