Unimproved Land in 1394 Coral Way, Miami, FL 33145 for sale with MLS# A12054018

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.

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1394 Coral Way, Miami, FL 33145

Price
Price:
$3,999,999.00
Original List Price:
$4,400,000.00
List Price per Sq Ft (Calculated, Approx.):
$325.39
List Price per Sq Ft (Calculated, Approx.):
$325.44
Business Info
Gross Scheduled Income:
0
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Land & Docks
Property Type:
Unimproved Land
Description of Last Important Update:
Price Reduced
Last Major Update on:
October 2, 2026 5:03 pm
Other Special Conditions:
City Jurisdiction
Measures
Lot Area:
12,291 Sqft
Lot Size Dimensions and Info:
12291
Lot Size Acres:
0.2822
Property Features
Waterfront:
No
Current Use:
Other
Construction
Road Frontage Type:
Public Road
Flood Zone Code:
X
Taxes and Expenses
Tax Annual Amount:
$34,294.00
Tax Year:
2025
Utilities
Utilities Available:
Sewer Available, Other
Water Source:
Public
Community
Subdivision Name:
EAST SHENANDOAH
Senior Community:
No
Terms
Buyer Possession:
Negotiable
Zoning and Legal
Tax Legal Description:
39-40 54 41 EAST SHENANDOAH PB 14-55 LOTS 22-23-24-25 BLK 60 LOT SIZE 107.12 X 117 OR 17878-4989 1197 1
Real Estate Folio Number (Parcel Number):
0141390072650
Zoning:
6100
Public Schools Assigned
Elementary School:
Enterprise Elem
High School:
Miami
Listing History
Active on the market since:
July 15, 2026
Listing Agreement executed on:
July 15, 2026
Price change occurred on:
October 2, 2026 5:03 pm
Listing Status Last Changed On:
July 15, 2026 4:00 am
Photos updated on:
October 14, 2026 9:00 pm
Last Modified:
October 14, 2026 9:00 pm
Additional Information
Courtesy of:
Compass Florida, LLC
Attribution:
Not provided
Location
Street Name:
Coral
Street Number:
1394
City:
Miami
State:
Florida
Zip Code:
33145
County:
Miami-Dade
Latitude:
N25° 45' 2.4''
Longitude:
W81° 46' 54.7''
Street Suffix:
Way
Property Map

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Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $70,592
Median Home Value $560,300
Median Rent $1,769/mo
Median Age 43
Population 29,454
Ver la Propiedad Ver la propiedad 1394 Coral Way, Miami, FL 33145
Association of REALTORS®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.