1394 Coral Way, Miami, FL 33145

$3,999,999 — Active

Property Features

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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 access, avoiding the congestion and traffic commonly found on Brickell Avenue and West Brickell.

▼ Price Reduced — originally listed at $4,400,000

Property Details

  • Listing ID: A12054018
  • Status: Active
  • Listing Date: 2026-07-15
  • Property Type: Unimproved Land
  • Subdivision: EAST SHENANDOAH
  • County: Miami-Dade
  • MLS Area: 2410
  • Bedrooms: 0
  • Full Bathrooms: 0
  • Living Area Sq Ft: N/A
  • Lot Dimensions: 12291

Financial

  • List Price: $3,999,999
  • Original List Price: $4,400,000
  • HOA Fee: None
  • Taxes: $34,294/yr

Features & Amenities

Courtesy of Compass Florida, LLC
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© 2026 Starfish Real Estate. Listing data is derived from the Broker Reciprocity Program of the Realtor Association of Indian River County (RAIRC) and BeachsMLS. Properties listed by brokers other than Starfish Real Estate are identified with the applicable MLS logo and include the listing broker's name. Not all properties available through either MLS may be displayed. All MLS data is the copyrighted property of the respective MLS and its participants. Data is deemed reliable but is not guaranteed accurate and should be independently verified prior to entering into any transaction.