$629,000
↓ $20K (3.1%)
●
Condo -
For Sale
2525 SW 3rd #906
Miami, FL 33129
2 Beds
2 Baths
955 Ft²
$4,720
Est. Monthly
$1,206
HOA / Fees
4.71%
Cap Rate
About This Property
Experience modern luxury living in Miami's coveted Nordica
building, nestled in The Roads neighborhood. This updated
2-bedroom, 2-bathroom split-plan condo offers spacious bedrooms,
high-end finishes and appliances plus an abundance of natural
light. New A/C. In-unit laundry. covered parking space and
additional for rent. This well maintained modern 2007 building
offers exclusive amenities. A resort-style swimming pool, fitness
center, and an elegant entertainment party room. With 24-hour
security, you'll have peace of mind knowing your home is safe and
secure. Perfectly situated just minutes from Brickell, Downtown
Miami, and Coconut Grove. Explore nearby Key Biscayne, offering
mountain biking trials, scuba diving, and pristine beaches.
Great reserves. No assessments pending.
Great reserves. No assessments pending.
Unit Size
955 Ft²
Days on Market
51 days
Land Size
-
Price per sqft
$659
Property Type
Condo
Property Taxes
$425
HOA Dues
$1,206
Year Built
-
Listed By
Payment Calculator
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%
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HOA:
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Cap Rate Calculator
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Monthly Property Taxes
Monthly Rental Income
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Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 6 days ago (Miami MLS #A11738374)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 22, 2025 | Price Decreased |
$629,000
↓ $20K
(3.1%) | |
| Price Decreased | |||
| Feb 4, 2025 | Listed by Ciocca Real Estate LLC | $649,000 | |
| Listed by Ciocca Real Estate LLC | |||
Property Highlights
Garage
Parking Available
Doorman
Elevator
Air Conditioning
Parking Details
Has Garage
Attached Garage
Parking Features: Assigned, Electric Vehicle Charging Station(s)
Garage Spaces: 1
Carport Spaces: 1
Covered Parking Spaces: 2
Interior Details
Full Bathrooms: 2
Master Bathroom Features: Combination Tub & Shower, Dual Sinks
Bedrooms: 2
Bedroom Features: Entry Level, Primary Bath Shower
Interior Features: Custom Mirrors
Appliances: Dishwasher, Disposal, Electric Water Heater, Microwave, Electric Range, Refrigerator
Flooring Type: Marble, Wood
Door Features: High Impact Doors
Exterior Details
Has Property Attached
Square Footage: 955
Security Features: Smoke Detector, Card Entry, Secured Garage/Parking, Lobby Secured
Property Condition: Updated/Remodeled
Year Built: 2007
Building Name: NORDICA
Building Area Units: Square Feet
Window Features: Complete Impact Glass, Impact Glass, Sliding
Construction Materials: CBS Construction
Patio and Porch Features: Deck, Open Balcony
Lot Size Units: Square Feet
Financial Details
Tax Legal Description: Unavailable
Tax Annual Amount: $5,099
Tax Year: 2024
Parcel Number: 01-41-39-114-0610
Lease Considered: Yes
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Location Details
HOA/Condo/Coop Amenities: Bar, Barbecue, Bike Storage, Billiard Room, Clubhouse-Clubroom, Elevator(s), Exercise Room, Heated Pool, Kitchen Facilities, Pool, Spa/Hot Tub
HOA Fee: $1,206
HOA Fee Frequency: Monthly
2525 SW 3rd #906, Miami, FL, 33129
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Condo
2
Beds
2
Baths
1,021 ft²
$563/ft²
$575,000
Apr 16, 2024
$575,000
Nov 15, 2024
$1,832/mo
Condo
2
Beds
2
Baths
980 ft²
$587/ft²
$575,000
Jun 22, 2023
$575,000
Nov 10, 2023
$1,712/mo
Condo
2
Beds
2
Baths
1,102 ft²
$598/ft²
$659,000
Dec 5, 2023
$659,000
Mar 20, 2024
$1,257/mo
Condo
2
Beds
2
Baths
1,100 ft²
$550/ft²
$605,000
Oct 22, 2024
$605,000
Dec 30, 2024
$1,476/mo
Condo
2
Beds
2
Baths
1,061 ft²
$551/ft²
$585,000
Jun 23, 2023
$585,000
Sep 18, 2023
$1,491/mo
Condo
2
Beds
2
Baths
1,075 ft²
$535/ft²
$575,000
Jul 8, 2024
$575,000
Sep 17, 2024
$1,190/mo
Condo
2
Beds
2
Baths
1,017 ft²
$657/ft²
$668,000
Aug 6, 2024
-
$2,018/mo
Condo
2
Beds
2
Baths
912 ft²
$592/ft²
$540,000
Nov 1, 2024
-
$1,974/mo
Condo
2
Beds
2
Baths
1,059 ft²
$633/ft²
$670,000
Jan 30, 2025
-
$1,895/mo
In Contract
Condo
2
Beds
2
Baths
924 ft²
$590/ft²
$545,000
Dec 3, 2024
-
$1,892/mo
Active
Condo
2
Beds
2
Baths
1,170 ft²
$615/ft²
$719,000
Jul 29, 2024
-
$1,984/mo
Active
Condo
2
Beds
2
Baths
1,100 ft²
$632/ft²
$695,000
Aug 15, 2024
-
$1,318/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
07/24/2024
|
1 Bed
|
1 Bath
|
693 ft²
|
$420,000
1 Bed
1 Bath
693 ft²
|
$390,000
-7.14%
10/15/2024
|
-
|
Priscila Freire
One Sotheby's International Realty
| |
|
04/16/2024
|
2 Bed
|
2 Bath
|
1021 ft²
|
$629,000
2 Bed
2 Bath
1021 ft²
|
$575,000
-8.59%
11/15/2024
|
-
|
Cristina Scarano
Related ISG Realty, LLC.
| |
|
01/11/2024
|
1 Bed
|
1 Bath
|
693 ft²
|
$435,000
1 Bed
1 Bath
693 ft²
|
$375,000
-13.79%
06/18/2024
|
-
|
Diego Sosa-Dias
Skyline Realty International LLC
| |
|
08/01/2023
|
1 Bed
|
1 Bath
|
694 ft²
|
$439,000
1 Bed
1 Bath
694 ft²
|
$403,000
-8.20%
12/05/2023
|
Silvia Caicedo
BHHS EWM Realty
| ||
|
06/23/2023
|
2 Bed
|
2 Bath
|
1061 ft²
|
$609,500
2 Bed
2 Bath
1061 ft²
|
$585,000
-4.02%
09/18/2023
|
-
|
Maria Segovia
BBM Realty LLC
| |
|
04/20/2023
|
2 Bed
|
2 Bath
|
1059 ft²
|
$650,000
2 Bed
2 Bath
1059 ft²
|
$595,000
-8.46%
07/26/2023
|
Maria Olivera
Gables Gate Enterprises Inc.
| ||
|
03/12/2023
|
1 Bed
|
1 Bath
|
821 ft²
|
$415,000
1 Bed
1 Bath
821 ft²
|
-
-
|
-
|
Jocasta Pascual
MJ Estates, Inc.
| |
|
12/01/2022
|
3 Bed
|
2 Bath
|
1238 ft²
|
$849,000
3 Bed
2 Bath
1238 ft²
|
-
-
|
-
|
Ivan Tovar
Miami One Real Estate, LLC
| |
|
10/27/2022
|
2 Bed
|
2 Bath
|
1041 ft²
|
$625,000
2 Bed
2 Bath
1041 ft²
|
-
-
|
-
|
Arian Adorno
New Age Properties
| |
|
10/19/2022
|
2 Bed
|
2 Bath
|
1059 ft²
|
$650,000
2 Bed
2 Bath
1059 ft²
|
-
-
|
-
|
Dale Newberg
Compass Florida, LLC
| |
|
02/23/2022
|
1 Bed
|
1 Bath
|
693 ft²
|
$355,000
1 Bed
1 Bath
693 ft²
|
-
-
|
-
|
Silvia Caicedo
BHHS EWM Realty
| |
|
06/07/2022
|
2 Bed
|
2 Bath
|
1059 ft²
|
$675,000
2 Bed
2 Bath
1059 ft²
|
-
-
|
-
|
Daniel Mas
Compass Florida, LLC
| |
|
04/29/2022
|
1 Bed
|
1 Bath
|
821 ft²
|
$415,000
1 Bed
1 Bath
821 ft²
|
-
-
|
-
|
Jorge Luis Gutierrez
ACE Florida Realty, LLC
| |
|
05/16/2022
|
1 Bed
|
1 Bath
|
694 ft²
|
$415,000
1 Bed
1 Bath
694 ft²
|
-
-
|
-
|
Olga Carballo
Miami Premier Realty
| |
|
05/11/2022
|
2 Bed
|
2 Bath
|
1059 ft²
|
$685,000
2 Bed
2 Bath
1059 ft²
|
-
-
|
-
|
Mercedes Hurtado
AmeriFirst Realty
| |
|
05/10/2022
|
2 Bed
|
2 Bath
|
1091 ft²
|
$489,000
2 Bed
2 Bath
1091 ft²
|
$540,000
+10.43%
07/07/2022
|
Maria Bethencourt
Miller Eaton Inc
| ||
|
12/08/2021
|
2 Bed
|
2 Bath
|
1059 ft²
|
$469,900
2 Bed
2 Bath
1059 ft²
|
-
-
|
-
|
Sandra Rossi PA
Keller Williams Coral Gables - Coconut Grove
| |
|
03/15/2022
|
1 Bed
|
1 Bath
|
821 ft²
|
$415,000
1 Bed
1 Bath
821 ft²
|
-
-
|
-
|
Silvia Caicedo
BHHS EWM Realty
| |
|
02/24/2022
|
1 Bed
|
1 Bath
|
821 ft²
|
$395,000
1 Bed
1 Bath
821 ft²
|
-
-
|
-
|
Silvia Caicedo
BHHS EWM Realty
| |
|
10/29/2021
|
2 Bed
|
2 Bath
|
1041 ft²
|
$447,000
2 Bed
2 Bath
1041 ft²
|
-
-
|
-
|
Yorixela Hurtado
Florida New Dream Corp.
| |
|
10/06/2021
|
2 Bed
|
2 Bath
|
1041 ft²
|
$450,000
2 Bed
2 Bath
1041 ft²
|
$387,100
-13.98%
08/23/2022
|
Armando Silva
Property Hub 1, LLC.
| ||
|
05/26/2021
|
2 Bed
|
2 Bath
|
1017 ft²
|
$415,000
2 Bed
2 Bath
1017 ft²
|
$430,000
+3.61%
04/01/2022
|
Silvia Caicedo
BHHS EWM Realty
| ||
|
05/21/2021
|
2 Bed
|
2 Bath
|
1059 ft²
|
$479,900
2 Bed
2 Bath
1059 ft²
|
-
-
|
-
|
Sandra Rossi PA
Keller Williams Coral Gables - Coconut Grove
| |
|
05/17/2021
|
2 Bed
|
2 Bath
|
1017 ft²
|
$575,000
2 Bed
2 Bath
1017 ft²
|
-
-
|
-
|
Adriana Bonilla
Homesfirst Miami Realty, Inc.
| |
|
04/02/2021
|
2 Bed
|
2 Bath
|
1059 ft²
|
$429,900
2 Bed
2 Bath
1059 ft²
|
$395,000
-8.12%
08/18/2021
|
Francisco Barranco
Archway Estates, Inc.
| ||
|
03/29/2021
|
1 Bed
|
1 Bath
|
693 ft²
|
$289,000
1 Bed
1 Bath
693 ft²
|
-
-
|
-
|
Caroline Bertrand
Compass Florida, LLC.
| |
|
03/18/2021
|
2 Bed
|
2 Bath
|
1041 ft²
|
$585,000
2 Bed
2 Bath
1041 ft²
|
-
-
|
-
|
Daysi Morey LLC
Berkshire Hathaway HomeServices Florida Realty
| |
|
03/04/2021
|
2 Bed
|
2 Bath
|
1041 ft²
|
$450,000
2 Bed
2 Bath
1041 ft²
|
-
-
|
-
|
Pilar Mercader
BHHS EWM Realty
| |
|
03/04/2021
|
2 Bed
|
2 Bath
|
1061 ft²
|
$460,000
2 Bed
2 Bath
1061 ft²
|
-
-
|
-
|
Pilar Mercader
BHHS EWM Realty
| |
|
01/11/2021
|
1 Bed
|
1 Bath
|
693 ft²
|
$299,000
1 Bed
1 Bath
693 ft²
|
-
-
|
-
|
Mayerling Caldera
Beachfront Realty Inc
| |
|
12/28/2020
|
2 Bed
|
2 Bath
|
1091 ft²
|
$424,900
2 Bed
2 Bath
1091 ft²
|
-
-
|
-
|
Oliver Ruiz
Related ISG International Realty
| |
|
12/09/2020
|
1 Bed
|
1 Bath
|
693 ft²
|
$290,000
1 Bed
1 Bath
693 ft²
|
$268,000
-7.59%
04/26/2021
|
Jenny Gonzalez
Keller Williams Coral Gables - Coconut Grove
| ||
|
11/19/2020
|
2 Bed
|
2 Bath
|
-
|
$392,000
2 Bed
2 Bath
|
-
-
|
-
|
Raquel Colp
Axis Premiere Realty
| |
|
03/25/2020
|
2 Bed
|
2 Bath
|
1017 ft²
|
$448,000
2 Bed
2 Bath
1017 ft²
|
-
-
|
-
|
Oscar Teran
EXP Realty, LLC
| |
|
06/26/2020
|
2 Bed
|
2 Bath
|
955 ft²
|
$395,000
2 Bed
2 Bath
955 ft²
|
-
-
|
-
|
Brian Rokicki
Compass Florida, LLC.
| |
|
05/15/2020
|
2 Bed
|
2 Bath
|
1017 ft²
|
$499,000
2 Bed
2 Bath
1017 ft²
|
-
-
|
-
|
Ashley Bello
BHHS EWM Realty
| |
|
10/15/2019
|
2 Bed
|
2 Bath
|
1041 ft²
|
$350,000
2 Bed
2 Bath
1041 ft²
|
-
-
|
-
|
Daniela Gallo
Serhant
| |
|
04/26/2019
|
1 Bed
|
1 Bath
|
693 ft²
|
$290,000
1 Bed
1 Bath
693 ft²
|
-
-
|
-
|
Diego Sosa-Dias
Skyline Realty International LLC
| |
|
04/25/2019
|
1 Bed
|
1 Bath
|
693 ft²
|
$260,000
1 Bed
1 Bath
693 ft²
|
$260,000
06/27/2019
|
Juan Zuluaga
Graber Realty Group LLC
| ||
|
04/08/2019
|
3 Bed
|
2 Bath
|
1238 ft²
|
$590,000
3 Bed
2 Bath
1238 ft²
|
-
-
|
-
|
Sandra Gomez
Skyline Realty International LLC
| |
|
03/14/2019
|
2 Bed
|
2 Bath
|
1017 ft²
|
$435,000
2 Bed
2 Bath
1017 ft²
|
-
-
|
-
|
Juan Zuluaga
Graber Realty Group LLC
| |
|
12/17/2018
|
2 Bed
|
2 Bath
|
1041 ft²
|
$379,999
2 Bed
2 Bath
1041 ft²
|
-
-
|
-
|
William Alvarez
Sterling One Realty, Inc.
| |
|
06/19/2018
| |
1 Bed
|
1 Bath
|
821 ft²
|
-
1 Bed
1 Bath
821 ft²
|
-
-
|
-
|
-
|
|
09/06/2018
|
1 Bed
|
1 Bath
|
693 ft²
|
$299,000
1 Bed
1 Bath
693 ft²
|
-
-
|
-
|
Madeleine Romanello PA
Compass Florida, LLC.
| |
|
11/18/2015
|
1 Bed
|
1 Bath
|
694 ft²
|
$309,000
1 Bed
1 Bath
694 ft²
|
$294,000
-4.85%
03/18/2016
|
-
|
Emily Gamber
ZenQuest Realty Inc
|
Building Info
2525 Southwest 3rd Avenue
2525 Southwest 3rd Avenue, Miami, FL 33129
- 3 Units for Sale
About Coral Way
Similar Homes for Sale
$695,000
- 2 Beds
- 2 Baths
- 1,100 ft²
$719,000
- 2 Beds
- 2 Baths
- 1,170 ft²
Nearby Rentals
Listed by: Felipe Martinez
Ciocca Real Estate LLC
Last Updated: 6 days ago
Data Source: Miami MLS, MLS# A11738374
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Ciocca Real Estate LLC
Last Updated: 6 days ago
Data Source: Miami MLS, MLS# A11738374
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc. CalDRE: 00494703
