3500 CORAL WAY 509, Miami, FL 33145

Parcel: 0141161021100 · Residential · Condominium - Residential · Zoning: 3900

Assessed Value (2025)
$275,860

Property Details

Beds
2
Baths
2
Living Sqft
828
Year Built
2002
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$207,500
2004-06-01
2
$235,000+13%
2008-03-01
3
$255,000+9%
2020-09-30
NOELIA COROMINASFERNANDO R PALENZUELA

Tax Assessment History

$275,860
Assessed (2025)
$292,008
Market Value
$275,860
Taxable Value
$5,616
Annual Tax
2024
$250,782
$317,400
2025
$275,860
$292,008
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $275,860 $292,008 $275,860 $5,616
2024 $250,782 $317,400 $250,782 $5,106

About 3500 CORAL WAY 509, Miami, FL 33145

3500 CORAL WAY 509, Miami, FL 33145 is a 2-bedroom, 2-bathroom residential - total value : condominium - residential built in 2002 with 828 square feet of living space. The property is currently owned by FERNANDO R PALENZUELA GISELA L PALENZUELA, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2020-09-30 for $255,000, when NOELIA COROMINAS sold to FERNANDO R PALENZUELA. The property has appreciated $20,000 (9%) since the prior sale of $235,000 on 2008-03-01. There are 3 recorded sales for this property.

The 2025 assessed value is $275,860 with a market value of $292,008. The assessed value increased 10% from $250,782 in 2024. This property is located in FEMA Flood Zone X, which indicates minimal flood risk.

Flood insurance is typically not required for properties in Zone X. The median household income in this area is $62,381, and the median home value is $427,300. The population density is 20,425 people per square mile.

3500 CORAL WAY 509, Miami, FL 33145 is located in Miami, Florida. Property records, tax assessments, sales history, and ownership information for this Miami property are sourced from miami_dade County public records. The complete ownership history of this property spans from 2004 to 2020, with 3 recorded transactions in the public record.

The current assessed value represents 108% of the most recent sale price. Based on the most recent sale, this property traded at $308 per square foot — a key metric for comparing value across Miami's real estate market..

Current Owner

FERNANDO R PALENZUELA GISELA L PALENZUELA
4259 SW 97 CT, MIAMI, FL, 33165
Since: 2026-04-19
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$2,055 — $3,800
Flood $400 — $800
Property/Wind $1,655 — $3,000

Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.

Neighborhood

Median Income$62,381
Median Home Value$427,300
Pop. Density20,425/sq mi

Neighborhood 33145

47.6%
Owner-Occ
52.4%
Investor
211
Flips (4yr)
5,655
New Biz (3yr)
Distress Risk
MODERATE
29
View full risk analysis →
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