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370 Coral Way

370 Coral Way, Miami, FL 33134
Property in Crafts
1 Units For Sale
Unit for sale at 370 Coral Way, Coral Gables, FL 33134

$170,000

  • Loft
370 Coral Way, Coral Gables, FL 33134 Listing by Alessandro Lima

370 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 1954 and is 70 years old. However, we must point out that the home was most recently renovated and altered in 2011. The building has a total of 2 stories. In addition, 370 Coral Way has 5,314 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 1,200 ft and across the front of the lot is 250 ft. The area measurement of the land has been determined as 3,000 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 stucco. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with air conditioning at the moment. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 370 Coral Way was last sold in Aug 17, 2017 for $3,100,000. According to our calculations, that's $583.36 per sqft. Prior to that sales transaction, the property was sold for $2,000,100 in Dec 15, 2014. Current property owners are expected to pay $39,787 in taxes per year. The property on 370 Coral Way was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,954,040. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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.

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: 1954
  • Effective Year Built: 2011
  • Building Count: 1
  • Bedroom Count: 0
  • Construction Type: Concrete block
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Bowstring truss
  • Roof Cover Type: Slate
  • Floor Count: 2
  • Floor Cover: Concrete
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,000
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 250
  • Total Building Area: 5,314
  • Gross Building Area: 5,314
  • Building Area: 5,314
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 5,314
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Subdivision: CORAL GABLES CRAFTS SEC
  • Land Acres: 0.069
  • 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 CRAFTS SEC PB 10-40 LOT 4 BLK 1 LOT SIZE 25.000 X 120 OR 19000-0073 0200 5 COC 25808-3419 07 2007 1

Ownership

  • Current Owner : 370 MIRACLE MILE INVESTMENT GROUP LLC
  • Previous Owner : 370 MIRACLE MILE LLC
  • Owner Before Previous Owner: 370 PROPERTY LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: 5004

Geography

  • Assessors Map Reference: 253
  • District: 03
  • Parcel: 03-4117-005-0030
  • Block: 1
  • Lot: 4
  • Meridian: SEC 17 TWN 54S RNG 41E
  • Municipality: CORAL GABLES
  • Latitude: 25.749
  • Longitude: -80.2621

    Address

  • Full Address: 370 Coral Way
  • Address - House Number: 370
  • Address - Street Name: Coral
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Coral Gables
  • Zip Code: 33134

Valuation

    Tax

  • Total Area: 5,014
  • Tax Year: 2023
  • Tax Amount: $39,787
  • Tax Rate Code Area: 300

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,550,000
  • First Open Lien Mortgage Lender: US CENTURY BANK
  • First Open Lien Mortgage Recording Date: Aug 22, 2017
  • First Open Lien Mortgage Loan Amount: $1,550,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage

    Market Valuation

  • Market Total Value: $2,173,030
  • Market Land Value: $1,500,000
  • Market Improvement Value: $673,030

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,954,040

    Sales

  • Current Sale Contract Date: Aug 17, 2017
  • Current Sale Recording Date: Aug 22, 2017
  • Current Sale Transaction ID: 1732643068
  • Current Sale Price: $3,100,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2017R0488881
  • Previous Sale Recording Date: Dec 30, 2014
  • Previous Sale Contract Date: Dec 15, 2014
  • Previous Sale Amount: $2,000,100
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: US CENTURY BANK
  • First Mortgage Transaction Date: Aug 22, 2017
  • First Mortgage Loan Amount: $1,550,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Future Advance Clause / Open End Mortgage

About Crafts



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Frequently Asked Questions

What neighborhood is 370 Coral Way located in?
The 370 Coral Way is a located in the neighborhood of Crafts in Crafts, Miami.
How many listings are currently for sale in 370 Coral Way?
There is a listing currently on the market for sale.
What is the average sales price for listings in 370 Coral Way?
The average sales price for units in 370 Coral Way is $170,000 currently.

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