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1727-1743 Coral Way 7,750 SF 100% Leased Retail Building Miami, FL 33145 $5,984,004 CAD ($772.13 CAD/SF)
Investment Highlights
- 6 diverse and established tenants
- Excellent exposure on one of Miami’s most desirable corridors
Executive Summary
Prime Coral Way retail property featuring 6 tenants across 3 folios with 7,750 rentable SF on a 12,684 SF lot. Owned by the same family for over 60 years, this well-maintained asset offers stable income and excellent exposure on one of Miami’s most desirable corridors. Located between Coral Gables, Brickell/Downtown, Little Havana, and Coconut Grove, the property benefits from high traffic counts, strong demographics, and Flood Zone X designation. 40 Year Report just passed. Rare opportunity to acquire a legacy property in a rapidly appreciating area.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,750 SF
Building Class
C
Year Built
1946
Price
$5,984,004 CAD
Price Per SF
$772.13 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
1.85
Lot Size
0.10 AC
Zoning
C-1
Parking
6 Spaces (2.35 Spaces per 1,000 SF Leased)
Frontage
150’ on 22nd St
Amenities
- Bus Line
Walk Score®
Very Walkable (83)
Nearby Major Retailers
Property Taxes
| Parcel Number | 01-4110-029-0250 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $1,122,555 CAD |
Property Taxes
Parcel Number
01-4110-029-0250
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,122,555 CAD
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1727-1743 Coral Way
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