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2464 Coral Way
Miami, FL 33145
Miami Apartments w/ Medical Office Upside · Office Property For Sale
Investment Highlights
- Tours will be by appointment only, reach out to Todd Cohen to Schedule
- Redevelopment opportunity on a rare double lot, entitled for four stories by right, in a market clamoring for additional multifamily housing.
- Signalized intersection allows for easy ingress/egress from Coral Way as well as SW 25th Avenue, and the property has approximately 14 parking spaces.
- Amazing user opportunity for ground-floor medical or professional offices with steady, in-place income through second-floor apartments.
- Within walking distance of amenities including Publix, CVS, Urgent Care, Starbucks, and eateries like Sushi Kong, Maria's Greek, & The Waygu Bar.
- Thriving 5-mile demographic with over 486,000 residents, average household income above $84,000 annually, and over 66% of residents rent.
Property Facts
Property Type
Office
Property Subtype
Building Size
3,856 SF
Building Class
B
Year Built
1956
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,928 SF
Slab To Slab
9’
Building FAR
0.80
Lot Size
0.11 AC
Zoning
T5-O - Commercial
Parking
14 Spaces (3.63 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 01-4115-006-0220 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,009,262 |
Property Taxes
Parcel Number
01-4115-006-0220
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,009,262
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