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    2971 Coral Way Miami, FL 33145

    For Sale
    $2,950,000

    Office - Miami, FL

    Type:Office
    Days on Market:
    270
    Last Refresh:
    Dec 7 at 12:06 am

    Property Features for 2971 Coral Way

    General Information

    Property type
    Commercial Sale
    Property subtype
    Office
    Standard status
    Active
    Zoning
    6101
    APN
    01-41-09-039-0791
    Parking
    13
    Parking features
    Guest, On Street

    Building Details

    Year built
    1952
    Architectural style
    Other

    One Sothebys International Realty (305) 538-9711 [email protected]

    Listing agent Rafael Arias (305) 538-9711 License #0607359

    Listing date Mar 13, 2025

    MLS# A11437947 Listing URL

    Copyright © 2025 Miami Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Coral Way Medical Office Building

    Located in the heart of Coral Way, the property at 2971-2975 SW 22nd Street is a two-story medical office building offering 7,680 square feet of space on a 6,672-square-foot lot. The building is currently configured for medical use but can be converted for other business purposes. Situated on a high-traffic street, the property benefits from approximately 34,000 vehicles passing by daily. The property is located less than half a mile from the intersection of Coral Way and 32nd Avenue.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Medical offices

    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.

    Similar Places Nearby

    Clinica bajos recurdos animal, AWS Animal Hospital - Animal Welfare Society of South Florida, PetSmart Veterinary Services - Coral Gables, Mascota of coral gables, Silver Bluff Animal Clinic

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.24159
    Latitude
    25.749607

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    FAQs

    What type of property is this?
    Medical office - Two-story medical office building on Coral Way, Miami.
    Where is this medical office located?
    The property is located at 2971 Coral Way Miami, FL.
    What is the asking price?
    The asking price for this property is $2,950,000.
    What are key features of this property?
    This property features: - High-traffic location on Coral Way with approximately 34,000 cars passing daily.; - **7,680 SF two-story building suitable for medical or other business uses.**; - **Prime Coral Way frontage in the heart of Miami.**
    (305) 538-9711
    Request Owner's contact information
    2971 Coral Way Miami, FL 33145
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    Miami, 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
    2971 Coral Way Miami, FL 33145
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