18
See all 18 photos
$4,400,000
Est. payment /mo
0.28 Acres Lot
Active
1394 Coral WAY Miami, FL 33145
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Key Details
Property Type Vacant Land
Sub Type Unimproved 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 0.280 Acres
Acres 0.28
Property Sub-Type Unimproved Land
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
Area 2410
Zoning 6100
Interior
Interior Features InteriorFeatures
Fireplace No
Exterior
Utilities Available Other, Sewer Available
Water Access Desc Public
Present Use Other
Road Frontage Public Road
Building
Lot Description 1-2 Acres, 2-3 Acres, Corner Lot
Water Public
Schools
Elementary Schools Coral Way K-8
High Schools Miami
Others
Restrictions City Restrictions
Tax ID 0141390072650
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12054018
Listed by Orlando J Abella Compass Florida, LLC