Remarkable opportunity to acquire a commercial property in prime location in coral way. The Property consists of 2 units.A 4,006 Sq.Ft building on (15,000 Sq.Ft) Lot Size w/12 parking spaces onsite. One space currently operates as a market/restaurant equipped kitchen with grease trap, walk-in freezer ,storage, and hood.The second space currently a restaurant with a kitchen storage both units have their own bathroom .It offers Street Front Retail entrances The roof was recently replaced in 2023 with warranty for 5 years. Tenant are there until 2027. CALL US ANYTIME, WE PICK UP!
Property Details
Property Features
Listing Office:
Office Name: Real Estate Sales Force
Office Phone: (305) 392-1497
Listing Agent: Antonio Cristobal
Virtual/3D Tour
Virtual Tour: 7401 Coral Way
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Lot Features
Lot Information:
Lot Size: 0.34 Acres
School Info
Assigned Schools Information:
South Miami Senior High School, Public Magnet Grades 9-12
Coral Terrace Elementary School, Public District Grades PK-5
Price Information
Listing Price Info
Price Summary:
List Price: $2,800,000
Tax Information:
Annual Amount: $16,598
Tax Year: 2020
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
8
/10
Coral Terrace Elementary School
6801 Coral Way
Distance between this listing and this school0.65 miles
Public District Grades PK-5
High School
3
/10
South Miami Senior High School
6856 SW 53rd St
Distance between this listing and this school2.02 miles
Public Magnet Grades 9-12
Assigned Schools
8
/10
Coral Terrace Elementary School
6801 Coral Way
Distance between this listing and this school0.65 miles
Public District Grades PK-5
Nearby Schools
9
/10
Flagami Elementary School
920 SW 76th Ave
Distance between this listing and this school0.86 miles
Public District Grades PK-5
9
/10
Emerson Elementary School
8001 SW 36th St
Distance between this listing and this school0.98 miles
Public District Grades PK-5
Nearby Schools
2
/10
West Miami Middle School
7525 Coral Way
Distance between this listing and this school0.17 miles
Public Magnet Grades 6-8
7
/10
Rockway Middle School
9393 SW 29th Ter
Distance between this listing and this school2.00 miles
Public District Grades 6-8
7
/10
South Miami Middle School
6750 SW 60th St
Distance between this listing and this school2.54 miles
Public Magnet Grades 6-8
Assigned Schools
3
/10
South Miami Senior High School
6856 SW 53rd St
Distance between this listing and this school2.02 miles
Public Magnet Grades 9-12
Nearby Schools
5
/10
Miami Coral Park Senior High School
8865 SW 16th St
Distance between this listing and this school1.62 miles
Public Magnet Grades 9-12
6
/10
Southwest Miami Senior High School
8855 SW 50th Ter
Distance between this listing and this school2.33 miles
The neighbors living near this home have an average income of $49,516. The majority of Miami, FL residents have income between $35k-100k annually. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 7401 Coral Way
What is the listing price of this property?
The listing price of 7401 Coral Way property is $2,800,000.
What type of property is this?
The property 7401 Coral Way is land located in Miami, Florida, 33155.
Is this property for sale now?
Active Listing: 7401 Coral Way is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 7401 Coral Way are: Coral Terrace Elementary School: GreatSchools Rating 8/10South Miami Senior High School: GreatSchools Rating 3/10
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $16,598 (source: MLS/based on county public records data).
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This home is located at 7401 Coral Way in Miami, FL and zip code 33155 in the North Coral Terrace neighborhood. This home sits on a 0.34 acre lot. It has been listed on Rocket Homes since May 18, 2024 and is currently priced at $2,800,000.
Over 120 listings were sold over their listed price in April 2024 in Miami, FL. In the same period over 608 listings were sold below the listed price and 157 listings were sold for the listed price. In April 2024 in Miami, FL there were 7.2% more homes for sale than in March 2024. While the average time on the market in April 2024 was 56 days, the median list price was $546,178.
From Rocket Homes Real Estate and based on county public records data.