Search

1394 Coral Way, Miami, FL 33145

$4,200,000

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A12054018

Property Type: Land & Docks Lot Size (sq. ft.): 12,291 Status: Active

Current Price: $4,200,000 List Date: 7/15/2026 Last Modified: 9/14/2026

Overview

Description

For sale: A development site located at the corner of Coral Way and 14th Avenue. The property features a 2,218 sq. ft. Vacant office building, which includes nine offices, three bathrooms, a kitchen, a workroom, and several storage closets. There are 25 parking spaces available on-site. This site is situated in the City of Miami, with a total land area of 12,291 sq. ft. It is zoned T6-80 Urban Core under the Miami 21 zoning code, allowing for up to 42 units and a maximum of eight stories. Potential uses for this property include condominiums, offices, hotels, and apartment rentals. Coral Way serves as a key corridor between Brickell Avenue and Coral Gables and is in proximity to Coconut Grove. The area is experiencing significant development, with multimillion-dollar twin homes being built in nearby streets, a 5-star boutique hotel under construction less than a block away, and additional residential high-rise condominiums planned in the vicinity. This location offers convenient acce ... (Read more)

Listing Details MLS# A12054018

General Property Information

Property Sub Type: Unimproved Land
Lot Size Acres: 0.28
Lot Size Square Feet: 12291
Lot Size Dimensions: 12291
LP/SqFt: 341.71

Property Features

Comprehensive Plan Use: Other Current Use: Other Environmental Audit: Unknown Location of Property: Corner Lot Possession: Negotiable Special Information: City Jurisdiction Utilities: Sewer Available; Other Road Frontage Type: Public Road Water Source: Public Showing Requirements: Call Listing Agent Acreage Description: 1/2 To Less Than 1 Acre Lot; 1 To Less Than 2 Acre Lot; 2 To Less Than 3 Acre Lot

Contract Information

Comp Sale YN: No
Original List Price: 4400000
LP/Acre: 14883061.66

Location and Legal

Country: United States
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
Street Number: 1394
Street Name: Coral
Street Suffix: Way
City Name: Miami
Municipal Code: Yes
State Or Province: FL
Postal Code: 33145
Postal Zip: 33145
Subdivision Name: EAST SHENANDOAH
Area: 2410
Elementary School: Coral Way K-8
High School: Miami
Parcel Number: 0141390072650
Subdivision Number: 7
Zoning: 6100
Flood Zone: X

Financial Information

Tax Year: 2025
Tax Annual Amount: 34294
Tax Legal Description: 39-40 54 41 EAST SHENANDOAH PB 14-55 LOTS 22-23-24-25 BLK 60 LOT SIZE 107.12 X 117 OR 17878-4989 1197 1

Status Change Information

Major Change Timestamp: 2026-09-14T21:16:44Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-09-14T21:16:44Z
Status Change Date: 2026-07-15

More Information

Price Calculations

Current Price To SqFt: 341.66

Section Details

Parcel Number MLX: 2650

Originating Details

Originating System Key: 531873030
Originating System ID: M00000151

Listing Office: Compass Florida, LLC

Last Updated: September - 14 - 2026

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

1394 Coral Way, Miami, FL 33145 (MLS# A12054018)