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Property profile

1566 Coral Way Miami, FL 33145

OFF-MARKET
Office buildings
Property ID
US18-6285081
2,738 SF 0.13 ac lot Built 1938
Last sale Jan 2024 · $1,600,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Coral Cove is a two-building commercial property totaling over 5,000 square feet on an approximately 18,000-square-foot parcel, arranged on a hard corner along Coral Way. The site is located in Miami-Dade County on a primary east-west corridor, with proximity to Brickell (less than two miles) and the Vizcaya Metrorail station (two blocks), providing rail access toward Downtown, Brickell, and the Brightline station area. The property is zoned T6-8 O, which permits multifamily, hotel, and…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$20k
Tax billed · 2023
Assessed value$1.03M
Assessed land$790k
Assessed improvement$242k
Effective rate1.96%

Value estimate

· Nov 2026
$1.60M
$1.44M – $1.76M
AI approach$1.60M
CAP approach$1.29M
Submarket $/SF estimate$1.57M

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$442/SF
ZIP average, outlier-cleaned · 33 recorded sales of this use type
Observed band · Q1–Q3$285 – $584
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
6100:COMMERCIAL,NEIGHBRHD
JurisdictionDADE

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant21.5
Parking Facility16.0
Hair Salon15.3

Location

1566 Coral Way Miami, FL 33145-2850
County assessor Recorded deeds · 6 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2825 Coral, Miami, FL 33145-3203 $1,200,000 Mar 2025 1,815 SF
1920 Coral, Miami, FL 33145-2624 $599,000 Feb 2025 3,584 SF
3126 Coral, Miami, FL 33145-3210 $1,425,000 May 2024 2,440 SF
2414 Coral, Miami, FL 33145-3410 $1,825,000 Jul 2023 4,156 SF
2150 13th, Miami, FL 33145-2931 $275,000 Nov 2022 2,256 SF
3692 24th, Miami, FL 33145-3033 $1,400,000 Oct 2022 1,812 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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