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2464 Coral Way
Miami, FL 33145

Property For Rent

HIGHLIGHTS

  • Amazing user opportunity for Medical or other professional offices on the ground floor
  • Three apartments on the second floor, fully leased and provide more than enough income to cover property expenses
  • Close to a wealth of amenities within walking distance, including Publix, CVS, Urgent Care, Restaurants and Starbucks
  • The property is also For Sale, offering an incredible opportunity for businesses to secure additional income from the occupied apartment units
  • Signalized intersection allows for Easy ingress/Egress from Coral Way as well as the alley along the rear of the Property
  • Easily accessible to public transportation with bus stop in front of the property

PROPERTY OVERVIEW

Lee & Associates presents office space for lease within a multi-tenant mixed-use Office and Multifamily building directly fronting Coral Way in Miami, Florida. The property is also available for sale offering businesses the opportunity to invest in and control their real estate with added income from the occupied apartment units. The property consists of 2 parcels including a 3,950 SF, two-story building with private surface parking lot including 14 total parking spaces plus street parking along Coral Way. The 6-unit mixed-use building offers an excellent investment opportunity with the three (3) commercial ground floor units over 2,000 SF vacant, perfect for a medical or professional office user, and the second floor consisting of three (3) updated one bedroom / one bathroom multifamily apartment units of 650 SF each featuring tile flooring throughout, stainless steel appliances, and modern bathroom vanities. This is an incredible user opportunity for a medical or professional office on the ground floor with income-producing units from the multifamily units above. The property is located under the Miami21 Zoning ordinance, zoned T5-O allowing future owners the potential to redevelop to higher density mixed-use building types up to four stories by right that can accommodate retail and office uses with a multifamily component included. The property is well located with a public transit bus stop directly fronting Coral Way, a major arterial thoroughfare connecting prestigious Coral Gables to Brickell neighborhoods, and within walking distance to many amenities including Publix, CVS, Urgent Care, Restaurants, and Starbucks.

PROPERTY FACTS

Building Type
Office
Year Built
1956
Number of Floors
2
Building Size
3,856 SF
Building Class
B
Typical Floor Size
1,928 SF
Unfinished Ceiling Height
9 ft
Parking
14 Surface Parking Spaces
Covered Parking
  • Listing ID: 33168694

  • Date on Market: 13/09/2024

  • Last Updated:

  • Address: 2464 Coral Way, Miami, FL 33145

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