1267 Coral Way $6,000,000

    Close

    1267 Coral Way Miami, FL 33145

    • 10,400 sq. ft.
    • 0.24 Acres
    • Commercial
    • MLS# A10954971
    Favorite Share
    Views: 2 Days On Site: 74

    Go Tour This Home

    Schedule A Showing

    Property Details

    9,906 of Retail in the prime location of Coral Way and 13th Ave. Over 120 ft of frontage on Coral Way with 30K cars driving by daily. 1st floor retail with 5 spaces and 2nd floor with 3 private offices. Income producing now with three tenants. Fully leased can bring in $132k a year after expenses. Also a great opportunity to develop a hotel or mixed use project. Minutes from Brickell and Coconut grove. Sale includes two single family houses at rear, 2149 SW 13th Ave and 1292 SW 21st Ter. Both average $2,500 in rent. Can be combines with empty lot next door (1265 SW 22nd St) for a combines land of 1.32 Acres for $18,000,000. Lot comes with master plans and permits for 140 rooms 4 start hotel with impact fees paid and ready to build. Call listing agent for more details.

    • General Features
      • Waterfront Y/N false
      • Year Built 1937
      • Association Y/N false
      • Private Pool Y/N false
      • Senior Community Y/N false
    • Building Features
      • Building Area Total 10400

    Contact

    Neighborhood

    33145 (Miami) Demographics

    44 Median Age
    12,796 Population Density (per sq. mile)
    38% College Educated
    $41,712 Estimated Median Income
    5,575 Estimated Total Home Owners
    5,960 Estimated Total Renters
    48% / 52% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    32,477 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $526,000 Median Sales Price
    19 Homes Sold
    32 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $6,000,000
        11/10/2020 11:40:00 AM New in Database Source New Value: $6,000,000

        Payment Calculator

        $0 per month
        Year Fixed, Interest
        Principal and Interest
        $0
        Property Taxes
        Homeowners' Insurance

        Home Price
        Down Payment
        *This Payment Calculator is intended for educational and planning purposes only.
        **Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        All rights reserved by the Miami MLS. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. Data may not be reproduced or redistributed and may not be used for any purpose other than individual consumer's use.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.