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$375K

Coral Pointe Unit 3-101

650 86th Pl, Unit 3-101 • Miami, FL 33126

at Coral Pointe

Beds
2
Baths
2
Living Area
845 SF
Price / SF
$444
HOA / Monthly
$350
Days on Market
0

About This Unit

Located in an excellent point of the city, Two story townhome, 2/2 near Doral, Miami Airport, major shopping center, expressways, buses. Complex resort style, gated community with pool, clubhouse, playground. Investors are welcome!! Low association fee. Tenant occupied

Pricing at Coral Pointe — $444/sqft
Coral Pointe Unit 3-101 is listed at $444/sqft.
Building-level comparison data is thin for this bedroom count — see Recent Comparable Sales below.
Based on live MIAMIRE active & closed listings at Coral Pointe.
Time on Market — 0 days
Coral Pointe Unit 3-101 has been on the market for 0 days.
Building-level pace data is thin for this bedroom count.
Estimated Monthly Cost
Mortgage (P&I)
$2,036
HOA
$350
Property Tax
$324
Total / mo
$2,710
Assumes 7.20% rate on 20% down (30-year fixed). Tax effective rate 1.04%. HOA $0.41/sqft · All-in $3.21/sqft / month. Excludes wind / flood / contents insurance — verify your actual rate with a lender.

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Insider Notes from Ricky
  • Coral Pointe is a 2-story low-rise at 650 86th Pl, Miami, FL 33126, built 1987. Currently 1 active listing on the market, with active asking prices ranging up to $375K.
  • Neighborhood: Miami. This building sits within the Miami-Dade luxury condo market -- one of the most active and internationally-oriented condominium markets in the United States.
  • Buyer profile here: Diverse buyer mix -- primary residents, second-home owners, international ownership.
  • Built 1987 (now 39 years old) -- past Florida's 25-year structural recertification trigger.
  • Value-tier inventory with active asking prices up to $375K.
  • At 2 stories, Coral Pointe is low-rise scale -- fewer total units typically means a more intimate building feel.
  • Compared anchor: Different Miami sub-areas have very different characters; ask Ricky about the specific block-by-block context for this address.
  • Rental rules vary per association in this market -- most Miami-Dade condos require 6 or 12-month minimum leases. Verify per-association before assuming Airbnb potential.
  • Pre-offer diligence: Florida SB 4-D structural recertification applies at 25 years (coastal) and 30 years (inland), with mandatory reserve studies for all condo associations.
  • Ricky has worked the Miami market for years and can pull HOA documents, recent comps, and reserve study status on any unit you're considering. Text (305) 33-RICKY -- that's (305) 337-4259 -- for a same-week walk-through.
What to Verify
Flood Zone: This unit is in flood zone AH. High-risk shallow-flooding zone. Insurance typically required.
Building Age: Built in 1987 (39 years old) — approaching Florida's 30-year recertification trigger.
Ricky will verify all of the above with the HOA before closing.
💰 Current Owner's Cost Basis
The current owner bought this unit Oct 2018 for $189,000 — held 8 years. They’re now asking $375,000 — +98.4% (+$186,000) vs. cost basis.
Source: most recent qualified deed on file with the Miami-Dade Property Appraiser.
Sales History
Date Price Type
Oct 2018 $189,000 arm’s-length
Apr 2005 $195,000 arm’s-length
Jun 2004 $40,000,000 arm’s-length
Source: Miami-Dade Property Appraiser. County living area: 845 sqft.
Building: Coral Pointe
Unit: 3-101
Year Built: 1987
Stories: 2
City: Miami
Postal Code: 33126
HOA Fee: $350 / Monthly
View: Other View
Waterfront: No
Private Pool: No
Heating: Central
Cooling: Central Air
Days on Market: 0
Listed: May 2, 2026
MLS #: A12011807

Location

Tour with Ricky

Schedule your private showing. Get pricing history, negotiation strategy, and the things the listing won't tell you.

Text or Call (305) 33-RICKY
That's (305) 337-4259
Email About This Unit
Listing courtesy of: Oceanica Real Estate, LLC
Information provided by Miami Association of Realtors / SEFMLS • Deemed reliable but not guaranteed • MLS #: A12011807 • Updated May 2, 2026
Ricky Garcia Miami Realtor
Your Miami Insider

Ready to Make an Offer?

Ricky Garcia  |  Global Luxury Realty  |  License #3521781

Ricky has closed deals at Coral Pointe. He knows the HOA, the best floors, and which units to avoid. Get a free no-pressure market analysis before you make any offer.

CALL (305) 33-RICKY That's (305) 337-4259
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