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1727-1743 Coral Way Miami, FL 33145

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For Sale
$4,500,000

Retail property with stable income in desirable Miami location.

Lot size:
0.29 Acres

Property Features for 1727-1743 Coral Way

General Information

Property type
Commercial
Standard status
Active
Lot size
0.29 Acres

Building Details

Year built
1946

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Listing Contact
Alexander Korson
Source: Elliman

Listing Agent: Alexander Korson

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

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Overview

Coral Way Retail Investment Opportunity

This Coral Way retail property features 6 tenants across 3 folios. The property encompasses 7,750 rentable square feet and is situated on a 12,684 square foot lot. The asset has been under the same family ownership for over 60 years and is described as well-maintained, offering stable income. It benefits from high exposure on Coral Way, a desirable corridor in Miami. The location is between Coral Gables, Brickell/Downtown, Little Havana, and Coconut Grove. The property benefits from high traffic counts and strong demographics. It has a Flood Zone X designation. A 40-year inspection has recently been completed. This is described as a rare opportunity to acquire a legacy property in a rapidly appreciating area.
Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Restaurant Law Firm Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

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

Location Insight

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City
Miami
County
Miami-Dade
State
Florida
Longitude
-80.22575
Latitude
25.751041

FAQs

What type of property is this?
Retail space - Retail property with stable income in desirable Miami location.
Where is this retail space located?
The property is located at 1727-1743 Coral Way Miami, FL.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: - Prime Coral Way location with excellent exposure in a desirable area.; - Stable income from 6 tenants.; - Located in Flood Zone X.
More about this property
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