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    2920 Coral Way Coral Gables, FL 33145

    For Sale
    $389,000

    Retail space for sale with long-term lease potential.

    Property size:
    3,235 SF
    Lot size:
    0.12 Acres

    Property Features for 2920 Coral Way

    General Information

    Size
    3,235 SF
    Lot size
    0.12 Acres

    Source: The Keyes Company Commercial - Corporate Agent Alex Wiegandt

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space with Equipment Included

    This retail property, comprising 3,235 square feet, is currently operating as a dry cleaners. The sale includes all equipment. A long-term lease is to be negotiated. The property also functions as a satellite store in Pembroke Pines.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Coral Gables
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.214496
    Latitude
    25.751013

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    FAQs

    What type of property is this?
    Retail space - Retail space for sale with long-term lease potential.
    Where is this retail space located?
    The property is located at 2920 Coral Way Coral Gables, FL.
    What is the asking price?
    The asking price for this property is $389,000.
    What are key features of this property?
    This property features: - Operating dry cleaners business ready for new ownership.; - Includes all equipment needed for seamless operations.; - Long term lease to be negotiated for stability.
    (305) 772-0751
    Request Owner's contact information
    2920 Coral Way Coral Gables, FL 33145
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    Coral Gables, FL 33145
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2920 Coral Way Coral Gables, FL 33145
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