Coral Way Redevelopment Site Land FOR SALE


Miami, FL - Coral Way19,105 SF
$11,500,000 USD
305-772-3897
, Miami, FL for Sale
$11,500,000 USD
Land - FOR SALE
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Coral Way Redevelopment Site
Miami, FL
Coral Way


HIGHLIGHTS

  • ±32,050 SF of contiguous, buildable land
  • Dual-frontage site with Coral Way (SW 22nd St) and SW 22nd Terrace exposure
  • Infill location with existing infrastructure — water, sewer, utilities in place
  • Strong walkability scores; proximity to transit corridors and Brickell employment center
  • Ideal for luxury multifamily, mixed-income housing with workforce component, boutique hotel, or ground-floor retail with residential above

OVERVIEW

Rarely does an infill site of this caliber come to market in one of Miami's most coveted urban corridors. Offered at ±32,050 square feet (±0.73 acres), this prime redevelopment land assemblage sits at the highly visible intersection of Coral Way (SW 22nd Street) and SW 29th Avenue, commanding a dual-frontage position that straddles two transect zones under Miami 21 — T-5-R (Urban Center) along Coral Way and T-4-R (General Urban) along SW 22nd Terrace — delivering maximum development flexibility in one of South Florida's most sought-after walkable neighborhoods. The T-5-R designation along the Coral Way frontage permits buildings up to eight stories, supporting a compelling mix of residential, retail, office, and hotel uses — making this site ideally suited for a flagship mixed-use development that capitalizes on the corridor's established urban energy. The T-4-R component on the rear street provides a natural transition to the surrounding neighborhood, allowing for a context-sensitive podium design or a townhome-style residential wrap. Coral Way is one of Miami's original grand boulevards — a canopied, tree-lined arterial with deep residential and commercial demand. This address places future residents and tenants steps from the Coral Gables boundary, minutes from Brickell and Downtown Miami, and within the gravitational pull of the Little Havana cultural district. The immediate trade area enjoys dense daytime and evening foot traffic, strong household incomes, and consistent retail absorption, driven by proximity to top-rated schools, healthcare facilities, and Miami-Dade's expanding transit network.

ASK ABOUT THIS PROPERTY

Carlos VillanuevaThe Keyes CompanyMore Info
305-772-3897

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Carlos VillanuevaThe Keyes CompanyMore Info
305-772-3897

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