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.
- Sewer
- State:
- FL
- County:
- Miami-Dade
- City:
- Miami
- Zipcode:
- 33145
- Street:
- 1394 Coral Way, Miami, Florida 33145
- Longitude:
- W81° 46' 54.5''
- Latitude:
- N25° 45' 2.6''
- Cumulative DOM:
- 42
- DOM:
- 42
- Internet Address Display:
- 1
- Internet Listing Display:
- 1
- LotSize Dimensions:
- 0x0
- Parcel Number:
- 01-41-39-007-2650
- Subdivision Name:
- EAST SHENANDOAH
- Tax Annual Amount:
- $34,294
- Utilities
- Virtual Tour:
- Click Here
Land For Sale
1394 Coral Way, Miami, Florida 33145, Miami, Florida 33145
- Property Type :
- Land
- Listing Type :
- For Sale
- Price :
- $4,400,000
- Lot Area :
- 12,291 Sqft
- MLS # :
- A12054018
