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Development Land Portfolio with Retail
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1265 Coral Way, Miami, FL 33145

Portfolio includes a two-story retail space 80% occupied and cleared buildable land zoned T6-8-O.

Property SizeContact for details
Days on Market124

Property Features for 1265 Coral Way

General Information

Standard status Active
Property subtype Land
Listing Agency: ONE SOTHEBY'S INTERNATIONAL REALTY
Listed By: Juan Parlade · License #3384969
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Apr 12 at 1:53AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ONE SOTHEBY'S INTERNATIONAL REALTY

Investment Insights

Based on property information with market context.

The Elmir Group and One Sotheby’s International Realty exclusively offer a portfolio of five folios located at 1249–1267 SW 22 St, Miami, Florida. The offering includes 1 two-story retail location that is currently 80% occupied, along with additional structures consisting of two single-family houses in the rear. The majority of the land is zoned T6-8-O, and the site includes plans and permits for a hotel with ground-floor retail and five townhouses. Approximately 60% of the land has been cleared and is ready to start construction.

The property is described as the last large development site on Coral Way minutes from Brickell, Coconut Grove and US1, with exposure to over 30,000 cars per day. The remainder of the site configuration includes the existing retail use and the two rear single-family houses, supporting multiple income components alongside the approved development direction.

Key Highlights

  • Portfolio of 5 folios at 1249–1267 SW 22 St, Miami, FL 33145, totaling 1.32 acres buildable land.
  • Land is mostly zoned T6‑8‑O, allowing for up to 140 units per acre.
  • 60% of the land is cleared and ready to start construction, with plans and permits for a hotel with ground‑floor retail and 5 townhouses.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Auto Repair Shop (Bike/Boat/Book/etc) Store Furniture & Home Goods Carpet & Flooring Store Locksmith Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,674
Businesses Nearby

Demographics for 33145, FL

29,737
Population
12,773
Households
2.3
Avg Household Size
44
Median Age
42%
College-Educated
85%
High-School Grad
2.5 sq mi
ZIP Area
11,895
Density / Sq Mi
$70,592
Median Household Income
$43,039
Median Earnings
$1,769
Median Rent
$560,300
Median Home Value

Market

Vacancy Rate% for Retail in Miami, FL

3.5% 2019
4.3% 2020
3.3% 2021
2.9% 2022
3.1% 2023
2% 2024
2.7% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - Portfolio includes a two-story retail space 80% occupied and cleared buildable land zoned T6-8-O.
Where is this commercial land located?
The property is located at 1265 Coral Way Miami, FL.
What are key features of this property?
This property features: Portfolio of 5 folios at 1249–1267 SW 22 St, Miami, FL 33145, totaling 1.32 acres buildable land.; Land is mostly zoned T6‑8‑O, allowing for up to 140 units per acre.; 60% of the land is cleared and ready to start construction, with plans and permits for a hotel with ground‑floor retail and 5 townhouses.
More about this property
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