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6700 Coral Way - Ludlam Enterprises, LLC 0.36 Acres of Commercial Land Offered at $6,221,250 CAD in Miami, FL 33155

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INVESTMENT HIGHLIGHTS

  • Prime 0.36-acre commercial corner development lot with excellent visibility at a signalized intersection on 6700 Coral Way in Miami.
  • Benefit from nearby national retailers, essential services, and a strong consumer base with $5 billion in total spending within 5 miles.
  • High-traffic location with over 60,000 combined vehicles per day, an excellent branding expansion and signage exposure opportunity.
  • Located a mere 10 minutes from Coral Gables, five minutes from the Palmetto Expressway, and 14 minutes from Miami International Airport (MIA).

EXECUTIVE SUMMARY

Explore an exceptional investment opportunity at 6700 Coral Way (SW 24th Street) in Miami, a prime 0.36-acre corner development lot with unparalleled visibility and access. Currently operating as a used car dealership, this property benefits from a signalized intersection with over 60,000 combined daily vehicle impressions (VPD) and outstanding signage exposure. Furthering its exposure, the lot benefits from two on-location bus stops, offering convenience and accessibility in a high-traffic area.

Surrounded by essential retailers and services, including CVS Pharmacy, an Exxon gas station, and the Premium Healthcare Multi-Specialty Tower, 6700 Coral Way is at the center of a thriving consumer base. Within a 5-mile radius, the area sees $5 billion in total spending, with a projected 163,598 households by 2029, emphasizing the area's economic growth. Nearby, A.D. (Doug) Barnes Park, a 65-acre green space, attracts residents and visitors, adding to the community's high activity and demand.

Positioned 10 minutes from Coral Gables, one of Miami's most affluent and picturesque communities, this site offers seamless access to key transportation routes. It is only five minutes from the Palmetto Expressway and 14 minutes from Miami International Airport (MIA). 6700 Coral Way's highly sought-after location presents a rare commercial development opportunity in one of Miami's most dynamic corridors.

PROPERTY FACTS

Price $6,221,250 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 0.36 AC
Zoning 6400 - Commercial Central

1 LOT AVAILABLE

Lot

Price $6,221,250 CAD
Price Per AC $17,281,250.66 CAD
Lot Size 0.36 AC

0.36-AC commercial lot on the highly trafficked signalized intersection of Coral Way (SW 24th Street) and SW 67th Avenue in Miami.

Walk Score®
Very Walkable (72)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
30-4014-012-0090
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,786,045 CAD
  • Listing ID: 35218553

  • Date on Market: 2025-03-21

  • Last Updated:

  • Address: 6700 Coral Way, Miami, FL 33155

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