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Two-Building Office Portfolio
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1450 Coral Way, Miami, FL 33145

Fully occupied office portfolio with varied tenant configuration and zoning supporting multiple commercial and residential uses.

Property Size8,395 SF
Lot Size0.40 Acres
Days on Market144

Property Features for 1450 Coral Way

General Information

Standard status Active
Size 8,395 SF
Net Rentable 8,395 SF
Lot size 0.40 Acres
Property subtype Land, Mixed Use, Office
Zoning T6-8 O
Occupancy 100%

Additional Details

Public Transit Yes

Building Details

Buildings 2
Tenancy Multi
Owner Occupied Yes
Listing Agency: Porosoff Group
Listed By: Arthur Porosoff · License #3160379
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 31 at 2:37AM

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 Porosoff Group

Investment Insights

Based on property information with market context.

This office portfolio comprises two buildings totaling over 8,395 SF of rentable area on a 17,550 SF site. The 1450 building contains 11 small office tenants, while the 1500 building is owner occupied. Overall occupancy is 100%, with leases in the 1450 building expiring at various times through 2024. Development clauses are included in all 1450 tenant leases.

Located mid-block at 1450 Coral Way in Miami, the property is less than two miles from Brickell and two blocks from the Vizcaya Metrorail station. The site is zoned T6-8 O, which allows high-rise multifamily, hotel, and other commercial uses. The zoning permits residential density of 150 units/acre, equating to 60 units by right on the property or approximately 87,750 gross buildable square feet without bonuses.

Key Highlights

  • Two‑building office portfolio with over 8,395 SF of rentable area
  • 17,550 SF site at 1450 Coral Way in Miami
  • 100% occupied; 1450 building includes 11 small office tenants

Property Analytics

Current Use

Brickell Pediatrics Pediatrician Brickell pediatrics,P.A. Pediatrician Varas Ernesto Law Firm Persian Rug Cleaning ... Carpet Cleaning Service Patricia Leon Physician

Suggested Use

Top Pick Hair Salon Restaurant Dental Office Daycare Center Law Firm Nail Salon

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

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,201
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 Office in Miami, FL

12.4% 2019
16.3% 2020
17% 2021
16.1% 2022
15% 2023
16.1% 2024
15.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Fully occupied office portfolio with varied tenant configuration and zoning supporting multiple commercial and residential uses.
Where is this office building located?
The property is located at 1450 Coral Way Miami, FL.
What are key features of this property?
This property features: Two‑building office portfolio with over 8,395 SF of rentable area; 17,550 SF site at 1450 Coral Way in Miami; 100% occupied; 1450 building includes 11 small office tenants
(305) 209-8866 Call to check price and availability
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