Prime Coral Way retail property featuring 6 tenants across 3 folios with 7,750 rentable SF on a 12,684 sq.ft lot. Owned by the same family for over 60 years, this well-maintained asset offers stable income and excellent exposure on one of Miami’s most desi

1727 CORAL WAY, Miami

$4,399,000 USD
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      Address1727 CORAL WAY, Miami
      Type of PropertyRetail
      Type of BusinessProfessional, Retail Space
      Business LocationCity Location,Shopping Center
      Price$4,399,000
      Previous Price$4,500,000 (18 days ago)
      Property StatusPending
      MLS NumberA11897259
      Property Size12684
      Lot Size12684
      Year Built1946
      Folio Number01-41-10-029-0250
      Zoning Information6101
      Days on Market18

      Detailed Description: Prime Coral Way retail property featuring 6 tenants across 3 folios with 7,750 rentable SF on a 12,684 sq.ft lot. Owned by the same family for over 60 years, this well-maintained asset offers stable income and excellent exposure on one of Miami’s most desirable corridors. Located between Coral Gables, Brickell / Downtown, Little Havana, and Coconut Grove, the property benefits from high traffic counts, strong demographics, and Flood Zone X designation. 40 year inspection just completed. Rare opportunity to acquire a legacy property in a rapidly appreciating area.

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      Address Information
      StateFlorida
      CityMiami
      CountyMiami-Dade County
      Zip Code33145
      Address1727 CORAL WAY
      Business LocationCity Location,Shopping Center
      Section10
      Financial Information
      Price$4,399,000
      Price per Foot$0
      Previous Price$4,500,000
      Folio Number01-41-10-029-0250
      Tax Amount$15,476
      Type of ContingenciesPending Inspections
      Full Descriptions
      Detailed DescriptionPrime Coral Way retail property featuring 6 tenants across 3 folios with 7,750 rentable SF on a 12,684 sq.ft lot. Owned by the same family for over 60 years, this well-maintained asset offers stable income and excellent exposure on one of Miami’s most desirable corridors. Located between Coral Gables, Brickell / Downtown, Little Havana, and Coconut Grove, the property benefits from high traffic counts, strong demographics, and Flood Zone X designation. 40 year inspection just completed. Rare opportunity to acquire a legacy property in a rapidly appreciating area.
      Property parameters
      Living Area12684
      Lot Size12684
      Total Acreage0.000
      Zoning Information6101
      Maximum Leasable Size12684
      Year Built1946
      Type of PropertyRetail
      Type of BusinessProfessional, Retail Space
      Construction TypeConcrete Block Construction
      Stories Number1
      Listed withKerdyk Real Estate, Inc.