Prime Coral Way retail property featuring 6 tenants across 3 folios with 7,750 rentable SF on a 12,684 sq.ft 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 desi

1727 CORAL WAY, Miami

$4,399,000 USD
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Address1727 CORAL WAY, Miami
Type of PropertyRetail
Type of BusinessProfessional, Retail Space
Business LocationCity Location,Shopping Center
Price$4,399,000
Previous Price$4,500,000 (17 days ago)
Property StatusPending
MLS NumberA11897259
Property Size12684
Lot Size12684
Year Built1946
Folio Number01-41-10-029-0250
Zoning Information6101
Days on Market17

Detailed Description: Prime Coral Way retail property featuring 6 tenants across 3 folios with 7,750 rentable SF on a 12,684 sq.ft 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 inspection just completed. Rare opportunity to acquire a legacy property in a rapidly appreciating area.

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Address Information
StateFlorida
CityMiami
CountyMiami-Dade County
Zip Code33145
Address1727 CORAL WAY
Business LocationCity Location,Shopping Center
Section10
Financial Information
Price$4,399,000
Price per Foot$0
Previous Price$4,500,000
Folio Number01-41-10-029-0250
Tax Amount$15,476
Type of ContingenciesPending Inspections
Full Descriptions
Detailed DescriptionPrime Coral Way retail property featuring 6 tenants across 3 folios with 7,750 rentable SF on a 12,684 sq.ft 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 inspection just completed. Rare opportunity to acquire a legacy property in a rapidly appreciating area.
Property parameters
Living Area12684
Lot Size12684
Total Acreage0.000
Zoning Information6101
Maximum Leasable Size12684
Year Built1946
Type of PropertyRetail
Type of BusinessProfessional, Retail Space
Construction TypeConcrete Block Construction
Stories Number1
Listed withKerdyk Real Estate, Inc.