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Vacant Development Land Parcel
For Sale
$5,399,000

3398 Coral Way, Miami, FL 33145

Vacant commercial land with multiple development possibilities and an AADT of 34,000 nearby.

Property SizeContact for details
Lot Size0.45 Acres
Days on Market268

Property Features for 3398 Coral Way

General Information

Standard status Active
Lot size 0.45 Acres
Property subtype COMMERCIAL

Additional Details

Traffic Count 34,000 vehicles/day

Taxes and HOA fees

Annual Taxes $42,247
Listing Agency: Morgan Whitney Inc
Listed By: Jackeline Londono · License #0661728
Source: Casacollectiongroup
Added: Jan 28 Changed: Oct 16 Last Checked: Oct 21 at 3:03AM

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 Morgan Whitney Inc

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Investment Insights

Based on property information with market context.

This vacant commercial land parcel is offered for sale at 3398 Coral Way, Miami, FL 33145, with a total lot size of 19,750 square feet. The site is described as having various possibilities for development, making it suitable for buyers looking to evaluate potential end uses based on their plans.

The property is presented as being conveniently located, with AADT noted at 34,000, providing evidence of substantial nearby traffic.

As a vacant land offering, the property’s value is centered on the redevelopment opportunity and the flexibility buyers have to pursue an appropriate development approach within the parameters of applicable requirements.

Key Highlights

  • Vacant commercial land for sale with multiple development possibilities
  • Lot size: 19,750 Sq. Ft.
  • Located in Coral Way area with nearby AADT of 34,000

Property Analytics

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Suggested Use

Top Pick Grocery & Convenience Store (Bike/Boat/Book/etc) Store Restaurant Tanning Salon Mobile Phone Store Clothing & Fashion 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.

Lease Details

34,000 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

1,524
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Frequently Asked Questions

What type of property is this?
Commercial land - Vacant commercial land with multiple development possibilities and an AADT of 34,000 nearby.
Where is this commercial land located?
The property is located at 3398 Coral Way Miami, FL.
What is the asking price?
The asking price for this property is $5,399,000.
What are key features of this property?
This property features: Vacant commercial land for sale with multiple development possibilities; Lot size: 19,750 Sq. Ft.; Located in Coral Way area with nearby AADT of 34,000
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