Rent to own Homes in Coral Terrace, FL

In the heart of the greater Miami area, Coral Terrace is one of the city's more established neighborhoods. Just 3.4 square miles, this urban residential neighborhood is densely populated with over 25,000 people calling it home. Its close proximity to shopping, recreation, the Miami International Airport and major roadways makes Coral Terrace one of the most desirable places to live in South Florida.

Coral Terrace, FL is a great place for affordable rent-to-own homes! With a median household income of over $64,436 and a median rent of $1,459, the Coral Terrace, FL rent-to-own market is more affordable than the traditional housing market which has shown tremendous growth across the U.S. and with it, aggressive competition for home purchases. With the current housing shortage trend it can make it harder to become a homeowner, including in Coral Terrace, FL. This means higher than average down payments for homes and higher qualification standards for conventional home loans. With a rent-to-own property, tenants are also buyers. You can live in the house for a set amount of time before you purchase it, meaning that you get to know the house, your neighbors, and your community before making the final purchase. This enables you and your family to make the right choice based on both information and experience. Rent-to-own is also a great alternative way to get into a home if you have bad credit or don't have enough saved for a down payment.

Check out Coral Terrace, FL rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 176
301 Altara Ave PH 907
Rent To Own
Industrial Section
Single Family Home
Coral Gables, FL 33146
1
1
0 ft2
2019
Hot
301 ALTARA AVE #801
Rent To Own
Industrial Section
Townhouse/Condo
Coral Gables, FL 33146
3
2
1187 ft2
2019
Hot
301 ALTARA AVE #513
Rent To Own
Industrial Section
Townhouse/Condo
Coral Gables, FL 33146
2
2
906 ft2
2019
601 SW 39TH AVE
Rent To Own
Flagami
Single Family Home
Coral Gables, FL 33134
4
3
2364 ft2
1941
1945 NW 29TH ST #A4
Rent To Own
Allapattah
Townhouse/Condo
Miami, FL 33142
2
1
677 ft2
1974
12525 SW 72ND AVE
Rent To Own
Pinecrest
Single Family Home
Pinecrest, FL 33156
5
4
3528 ft2
1954
6206 Paradise Point Dr #6206
Rent To Own
Palmetto Bay
Single Family Home
Miami, FL 33157
4
4
2540 ft2
1997
1 of 309 900 BAY DR
Rent To Own
Isle Of Normandy Ocean Side
Townhouse/Condo
Miami Beach, FL 33141
2
2
1550 ft2
1963
1 of 77 2450 NE 135th St
Rent To Own
 
Townhouse/Condo
North Miami, FL 33181
2
2
1190 ft2
1972
21111 NW 14th Pl #412
Rent To Own
Walden Garden
Single Family Home
Miami, FL 33169
3
3
1400 ft2
1 of 8 1780 NE 191st St
Rent To Own
 
Townhouse/Condo
Miami, FL 33179
1
2
1036 ft2
1969
3020 Marcos Dr
Rent To Own
 
Townhouse/Condo
Aventura, FL 33160
1
1
768 ft2
1968
1 of 301 250 174th St
Rent To Own
 
Townhouse/Condo
Sunny Isles Beach, FL 33160
1
2
1087 ft2
1970
5915 WASHINGTON ST #112
Rent To Own
Lawn Acres
Townhouse/Condo
Hollywood, FL 33023
1
1
650 ft2
1982
716 SW 1st St
Rent To Own
Hallandale Beach
Single Family Home
Hallandale Beach, FL 33009
6
6
3016 ft2
2017
Hot
1 of 36 7170 SCOTT ST
Rent To Own
Driftwood
Single Family Home
Hollywood, FL 33024
3
1
1002 ft2
1959
849 NW 208TH WAY
Rent To Own
 
Townhouse/Condo
Pembroke Pines, FL 33029
3
2
1114 ft2
1999
1 of 79 3535 S. Ocean Drive
Rent To Own
Hollywood Beach - Quadoman
Townhouse/Condo
Hollywood, Fl 33019
3
4
7 ft2
2006
3843 OAK RIDGE CIR
Rent To Own
The Ridges
Single Family Home
Weston, FL 33331
4
3
0 ft2
1997
9431 LIVE OAK PL #307
Rent To Own
Pine Island Ridge
Townhouse/Condo
Davie, FL 33324
1
1
654 ft2
1974
4271 NW 5TH ST #128
Rent To Own
 
Townhouse/Condo
Plantation, FL 33317
2
1
883 ft2
1969
920 NW 34TH WAY
Rent To Own
 
Single Family Home
Lauderhill, FL 33311
3
1
1100 ft2
1959
2196 Salerno Cir #2196
Rent To Own
Weston
Single Family Home
Fort Lauderdale, FL 33327
4
3
1737 ft2
1999
1605 NW 11TH CT
Rent To Own
Lauderdale Manors
Single Family Home
Fort Lauderdale, FL 33311
5
2
1500 ft2
1950
4740 NW 21ST ST #201
Rent To Own
 
Townhouse/Condo
Lauderhill, FL 33313
1
2
928 ft2
1973
New
1 of 172 2500 E Las Olas Blvd
Rent To Own
 
Townhouse/Condo
Fort Lauderdale, FL 33301
2
2
1230 ft2
1969
Hot
3270 NW 18TH PL
Rent To Own
Westwood Park
Single Family Home
Lauderhill, FL 33311
4
2
1906 ft2
1963
8345 SUNRISE LAKES BLVD #204
Rent To Own
Sunrise Lakes
Townhouse/Condo
Sunrise, FL 33322
2
2
850 ft2
1974
1 of 109 10444 NW 30TH CT #407
Rent To Own
Sunrise Lakes
Townhouse/Condo
Sunrise, FL 33322
2
2
1000 ft2
1982
Hot
605 NE 27TH ST
Rent To Own
Wilton Manors
Single Family Home
Wilton Manors, FL 33334
3
2
1150 ft2
1949
2000 ISLAND BLVD #1203
Rent To Own
Williams Island
Townhouse/Condo
Aventura, FL 33160
2
2
1560 ft2
1995
5820 SW 34TH ST
Rent to Own Eligible
Coral Terrace
Single Family Home
Miami, FL 33155
3
3
2595 ft2
2005
7748 SW 35TH TER
Rent to Own Eligible
Westchester
Single Family Home
Miami, FL 33155
3
2
1650 ft2
1955
7240 SW 18TH STREET RD
Rent to Own Eligible
Coral Terrace
Townhouse/Condo
Miami, FL 33155
4
2
1579 ft2
1949
Hot New
1700 SW 73RD COURT RD
Rent to Own Eligible
Coral Terrace
Single Family Home
Miami, FL 33155
3
1
1406 ft2
1950
6470 SW 23RD ST
Rent to Own Eligible
Coral Terrace
Single Family Home
Miami, FL 33155
4
2
1836 ft2
1950
6811 SW 38TH ST
Rent to Own Eligible
Coral Terrace
Single Family Home
Miami, FL 33155
3
2
1935 ft2
1986
1 of 2 1720 LUDLAM RD
Rent to Own Eligible
Coral Terrace
Single Family Home
Miami, FL 33155
2
1
1768 ft2
1948
6847 SW 13TH ST
Rent to Own Eligible
Coral Terrace
Single Family Home
Miami, FL 33144
2
1
1725 ft2
1947
5886 SW 20TH ST
Rent to Own Eligible
Coral Terrace
Single Family Home
Miami, FL 33155
3
1
1304 ft2
1960
3958 SW 62ND AVE
Rent to Own Eligible
Coral Terrace
Single Family Home
Miami, FL 33155
3
2
2089 ft2
1988
New
6724 SW 28TH ST
Rent to Own Eligible
Coral Terrace
Single Family Home
Miami, FL 33155
2
1
1584 ft2
1948
5930 SW 10TH ST
Rent to Own Eligible
West Miami
Single Family Home
West Miami, FL 33144
2
1
1180 ft2
1950
New
6746 SW 15TH ST
Rent to Own Eligible
Coral Terrace
Single Family Home
Miami, FL 33144
3
2
1503 ft2
1993
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Popular Zip Codes in Coral Terrace, FL

33247 rent to own homes 33155 rent to own homes

Buying a Home in Coral Terrace, FL

Coral Terrace, FL is seeing rapid growth and Coral Terrace, FL's' housing market remains not optimal with an average home price that is 63% above the 2024 national average. Coral Terrace, FL is part of Miami-Dade county and taxes are an important factor to consider when purchasing a home whether through rent to own or a traditional purchase. The average tax rate as of 2024 for county Miami-Dade is 1.02% which is above the national average, which is 0.99%.

Median Home Price in Coral Terrace, FL

Median Rent in Coral Terrace, FL

Rent to own homes offer low monthly payments and flexible terms.

Top 4 Reasons to Live in Coral Terrace, FL

Increased home value! After a slight dip, home appreciation soared by 16.5% in the last year. Demand and location make house buying here a sound real estate investment. The area is full of modest medium-sized, single-story houses with mature trees providing ample shade from the hot Florida sun. In the southwest quadrant of Coral Terrace, the Coral Gables canal cuts across the neighborhood, providing many homes along S. Waterway Drive with private waterfront views. With the majority of properties dating back to the 1940s, buyers will find charming post-war bungalows and cozy Spanish villas.

Prime location! Although Coral Terrace is predominantly residential, there are countless casual dining options within walking distance, and all the major amenities are just a short drive away. Bird Road is lined with fast food restaurants, and Bird Ludlam Shopping Center is a large shopping complex for picking up necessities and groceries. Just to the north is La Fogata Mall of the Americas, where residents can stock up on home decor, furniture and electronics to outfit their new homes. Several bus lines run along some of the busier thoroughfares for stress-free commutes into downtown and beyond.

Stable housing market! As a mature neighborhood in the middle of a big city, Coral Terrace continues to weather the unpredictable housing market. Unsurprisingly, prices for homeowners and renters are slightly higher in this area, while the vacancy rate of 9.7% is average for the area. Renters may have better luck finding vacant rent to own homes along S. Red Road in the summer months, while the nearby University of Miami is out of session.

An assortment of activities! Art collectors will appreciate the nearby Bird Road Art District, former warehouses now home to art galleries, studios, boutiques and antique shops. BRAD hosts a variety of cultural events, including a free monthly Gallery Night and local art festivals. Nature lovers can find tranquility and hiking trails in the neighborhood's A.D. (Doug) Barnes Park. This 65-acre park provide campgrounds, environmental programs and recreation options for all ages.