Cocoplum Terrace Addn Par Homes for Sale

Cocoplum Terrace Addn Par is a residential community in South Miami, Florida. Active listings are currently priced from $1.3M–$5.6M.

Pure Equity Realty covers Cocoplum Terrace Addn Par and the South 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 a single listing for Cocoplum Terrace Addn Par South Miami homes for sale as of October 2026. The median asking price is $1.25M.

That sits close to the South Miami median of $1.25M. On a per-foot basis, homes here ask about $1,046 per square foot, compared with $658 across South Miami. So the median price buys roughly 1,200 square feet of living area. With so few listings, though, treat these figures as a snapshot rather than a trend.

Listings here have averaged 41 days on the market. That is faster than the South Miami average of 126 days. As a result, buyers here should be ready to write an offer soon after a showing.

Homes listed in Cocoplum Terrace Addn Par date from 1950, so they are about 76 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 Cocoplum Terrace Addn Par have a median asking rent of $3,350 per month, across 1 active rental listing. For comparison, the South Miami median is $2,773, so rents here run 21% higher.

You can browse current South Miami rentals or ask us for a rent estimate on a specific Cocoplum Terrace Addn Par home.

Here is what the median Cocoplum Terrace Addn Par price means in Florida closing terms. At $1.25M, a 20% down payment comes to about $250,000, leaving a loan near $1.0M.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $3,500. Next, the intangible tax of 0.2% adds about $2,000. 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 $7,500 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 Cocoplum Terrace Addn Par listings show assignments to South Miami (high). However, boundaries can change each year, so confirm the assignment for a specific address with Miami-Dade County Public Schools.