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3398 Coral Way

3398 Coral Way, Miami, FL 33145
Commercial in Miami Urban Acres
Local assessors in Miami, FL have categorized 3398 Coral Way as a commercial type of property. The home was built in 1962 and is 62 years old. It was most recently renovated and altered in 1984. The property's lot size has been calculated to be 19,750 square feet. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 3398 Coral Way has a total of 3,275 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Do you like to entertain? The home has a unknown so you'll have a great option in the back of the home. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with concrete block control joints. The building has a flat style roof that was made of asphalt and ply sheets in a built-up roof style. Lots of concrete block were used in the construction of the exterior walls of the home. As for flooring, was the material of choice during construction. Residents rely on air conditioning for their cooling system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 3398 Coral Way sold most recently in Jul 15, 2014 for a total of $2,350,000. If you work out the math, that's approximately a cost of $717.56 per sqft. Before that, the property was also sold for $5,000 in Aug 29, 2012. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $34,829 in taxes each year. 3398 Coral Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,614,250. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200614
06/14/2020
Loft
-
-
$400,000
bedrooms
Loft
bathrooms
-
-
-
-
Darian Rodriguez
Essential Realty, Inc.

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1984
  • Building Count: 2
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Construction Type: Concrete block
  • Exterior Walls Type: Concrete block
  • Roof Shape Type: Flat
  • Roof Cover Type: Built-up
  • Floor Count: 1
  • Floor Cover: Covered
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 19,750
  • Total Building Area: 3,275
  • Gross Building Area: 3,275
  • Building Area: 3,275
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 3,275
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Subdivision: MIAMI SUBURBAN ACRES
  • Land Acres: 0.453
  • Standard Land Use Code: Restaurant
  • State Land Use Code: Right-of-way (not rail, road, or utility)
  • Legal Description 1: AMD PLAT OF MIAMI SUBURBAN ACRES PB 4-73 LOTS 20 THRU 22 LESS S10FT OF LOTS 21 & 22 BLK 4 LOT SIZE 19750 SQ FT COC 23476-3835 05 2005 1

Ownership

  • Current Owner : INTERAM INVESTMENTS CORP
  • Previous Owner : CREDO LLC
  • Owner Before Previous Owner: LOFTUS JAMES K
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: MIAMI
  • Census Tract: 007004

Zoning

  • Zoning: 6101

Geography

  • Assessors Map Reference: 252
  • District: 01
  • Parcel: 01-4116-009-1211
  • Block: 4
  • Lot: 20
  • Meridian: SEC 16 TWN 54S RNG 41E
  • Municipality: MIAMI
  • Latitude: 25.7494
  • Longitude: -80.2494

    Address

  • Full Address: 3398 Coral Way
  • Address - House Number: 3398
  • Address - Street Name: Coral
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Miami
  • Carrier Code: C034
  • 4-Digit Zip Code: 2236
  • Zip Code: 33145

Valuation

    Tax

  • Total Area: 3,195
  • Tax Year: 2023
  • Tax Amount: $34,829
  • Tax Rate Code Area: 100

    Market Valuation

  • Market Total Value: $1,638,000
  • Market Land Value: $1,628,000
  • Market Improvement Value: $10,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,614,250

    Sales

  • Current Sale Contract Date: Jul 15, 2014
  • Current Sale Recording Date: Jul 21, 2014
  • Current Sale Transaction ID: 1150437845
  • Current Sale Price: $2,350,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2014R0509296
  • Previous Sale Recording Date: Aug 31, 2012
  • Previous Sale Contract Date: Aug 29, 2012
  • Previous Sale Amount: $5,000
  • Previous Sale Document Type: Sheriff's Deed

About Coral Way



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 3398 Coral Way located in?
The 3398 Coral Way is a commercial located in the neighborhood of Miami Urban Acres in Coral Way, Miami.
What is the average sales price for listings in 3398 Coral Way?
The average sales price for units in 3398 Coral Way is $0 currently.

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