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$ 4,400,000
Est. payment /mo
Active
1394 Coral Way Miami, FL 33145
0.28 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision East Shenandoah
MLS Listing ID A12054018
HOA Y/N No
Annual Tax Amount $34,294
Tax Year 2025
Lot Size 0.282 Acres
Acres 0.2822
Property Description
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.
Location
State FL
County Miami-dade
Community East Shenandoah
Area 40
Exterior
Utilities Available Other
Present Use Other
Private Pool Yes
Building
Sewer Other
Water Public
Others
Tax ID 01-41-39-007-2650
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12054018
Listed by Compass Florida, LLC