1394 Coral Way - Commercial LAND FOR SALE


Miami, FL 33145- Coral Way12,197 SF
$4,400,000 USD
305-505-0489
1394 Coral Way, Miami, FL for Sale
$4,400,000 USD
Commercial LAND - FOR SALE
1/19
12,197 SF

1394 Coral Way
Miami, FL 33145
Coral Way


OVERVIEW

For sale: A development site located at the corner of Coral Way and 14th Avenue. The property features a 2,218 sq. ft. Vacant office building, which includes nine offices, three bathrooms, a kitchen, a workroom, and several storage closets. There are 25 parking spaces available on-site. This site is situated in the City of Miami, with a total land area of 12,291 sq. ft. It is zoned T6-80 Urban Core under the Miami 21 zoning code, allowing for up to 42 units and a maximum of eight stories. Potential uses for this property include condominiums, offices, hotels, and apartment rentals. Coral Way serves as a key corridor between Brickell Avenue and Coral Gables and is in proximity to Coconut Grove. The area is experiencing significant development, with multimillion-dollar twin homes being built in nearby streets, a 5-star boutique hotel under construction less than a block away, and additional residential high-rise condominiums planned in the vicinity. This location offers convenient access, avoiding the congestion and traffic commonly found on Brickell Avenue and West Brickell.

FOR SALE DETAILS

PRICE

$4,400,000 USD

PRICE/ACRE

$15,714,286/AC

PRICE/SF

$361 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Miami Development Site

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Multi-Family, Apartment Units

LAND ACRES

0.28 AC

LAND SF

12,197 SF

OFFSITE IMPROVEMENTS

-

ZONING

6100

APN/PARCEL ID

01-4139-007-2650

ASK ABOUT THIS PROPERTY

Orlando AbellaCompassMore Info
305-505-0489

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Orlando AbellaCompassMore Info
305-505-0489

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.