3138 Coral Way

3138 Coral Way in Miami, FL was first built in 1950 and is 74 years old. Although, the building on the property was most recently renovated and altered in 2007. This has been categorized as a commercial property type. It is a single story home. 3138 Coral Way has 7,200 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 500 ft and the linear feet between the front and back of the lot is 1,150. In total, the area measurement of the land is 5,750 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt and ply sheets in a built-up roof style. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with concrete block control joints. The exterior walls of the home are made of a combination of material. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 3138 Coral Way was last sold in Feb 9, 2007 for $57,500. According to our calculations, that's $7.99 per sqft. Prior to that sales transaction, the property was sold for $395,000 in Jan 17, 2003. Current property owners are expected to pay $28,373 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2022. The property on 3138 Coral Way was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,380,247. To break that down further, the land itself was valued at $718,750. While improvements to the property were assessed at a total of $661,497. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged.