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281 Coral Way

281 Coral Way, Miami, FL 33134
281 Coral Way has been categorized by the local assessors in Miami, FL as a commercial type of property. The building on the property was first built in 1946 and is 78 years old. However, we must point out that the home was most recently renovated and altered in 1956. The building has a total of 2 stories. In addition, 281 Coral Way has 3,900 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,110 ft and across the front of the lot is 250 ft. The area measurement of the land has been determined as 2,775 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with concrete block control joints. The building has a bowstring truss style roof made of slate. The exterior walls of the building are made of concrete block. The inside of the home is being cooled with air conditioning at the moment. The property was last sold in Jan 1, 1970 for $450,000. That's $115.38 per sqft. 281 Coral Way was last assessed in 2023. The total value of the property was assessed at $1,582,002. Specifically, the land the property is located on was valued at $1,387,500. While improvements on the property were assessed at a total of $194,502. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $31,651. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1946
  • Effective Year Built: 1956
  • Building Count: 1
  • Bedroom Count: 0
  • Construction Type: Concrete block
  • Exterior Walls Type: Concrete block
  • Roof Shape Type: Bowstring truss
  • Roof Cover Type: Slate
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,775
  • Lot Size Depth Feet: 1,110
  • Lot Size Frontage Feet: 250
  • Total Building Area: 3,900
  • Gross Building Area: 3,900
  • Building Area: 3,900
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 3,900
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Subdivision: CORAL GABLES
  • Land Acres: 0.064
  • Standard Land Use Code: Store (multi-story)
  • County Land Use Code: Fraternity or sorority house
  • State Land Use Code: Pipeline or right-of-way
  • Legal Description 1: CORAL GABLES SEC K PB 8-33 LOT 45 BLK 37 LOT SIZE 25.000 X 111 OR 18429-4466 0199 1

Ownership

  • Current Owner : PENA LILIAN M
  • Previous Owner : EHRLICH MAURICE L
  • Previous Owner 2: EHRLICH BENA Z

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: CORAL GABLES
  • Census Tract: 006201

Zoning

  • Zoning: 5004

Geography

  • Assessors Map Reference: 244
  • District: 03
  • Parcel: 03-4108-006-3800
  • Block: 37
  • Lot: 45
  • Meridian: SEC 08 TWN 54S RNG 41E
  • Municipality: CORAL GABLES
  • Latitude: 25.7498
  • Longitude: -80.2604

    Address

  • Full Address: 281 Coral Way
  • Address - House Number: 281
  • Address - Street Name: Coral
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Coral Gables
  • Zip Code: 33134

Valuation

    Tax

  • Total Area: 3,760
  • Tax Year: 2023
  • Tax Amount: $31,651
  • Tax Rate Code Area: 300

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $280,000
  • First Open Lien Mortgage Lender: ARAGON MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Apr 06, 2022
  • First Open Lien Mortgage Loan Amount: $280,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Balloon

    Market Valuation

  • Market Total Value: $1,582,002
  • Market Land Value: $1,387,500
  • Market Improvement Value: $194,502

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,582,002
  • Assessed Land Value: $1,387,500
  • Assessed Improvements Value: $194,502

    Sales

  • Current Sale Recording Date: Jan 11, 1999
  • Current Sale Transaction ID: 11458989551
  • Current Sale Price: $450,000
  • Current Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: EXECUTIVE NATIONAL BANK
  • First Mortgage Transaction Date: Jan 11, 1999
  • First Mortgage Loan Amount: $337,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Coral Gables Section



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Frequently Asked Questions

What neighborhood is 281 Coral Way located in?
The 281 Coral Way is a located in the neighborhood of Coral Gables Section in Coral Gables Section, Miami.
What is the average sales price for listings in 281 Coral Way?
The average sales price for units in 281 Coral Way is $0 currently.

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