• Broker Janoy Valdes 7868228505
Ludlam Enterprises, LLC

6700 Coral Way - Ludlam Enterprises, LLC

0.36 Acres of Commercial Land Offered at $6,421,243 CAD in Miami, FL 33155

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INVESTMENT HIGHLIGHTS

  • Prime 0.36-acre commercial corner development lot with excellent visibility at a signalized intersection on 6700 Coral Way in Miami.
  • Benefit from nearby national retailers, essential services, and a strong consumer base with $5 billion in total spending within five miles.
  • High-traffic location with over 60,000 combined vehicles per day, an excellent branding expansion and signage exposure opportunity.
  • Located a mere 10 minutes from Coral Gables, five minutes from the Palmetto Expressway, and 14 minutes from Miami International Airport (MIA).

EXECUTIVE SUMMARY

Explore an exceptional investment opportunity at 6700 Coral Way (SW 24th Street) in Miami, a prime 0.36-acre corner development lot with unparalleled visibility and access. Currently operating as a used car dealership, this property benefits from a signalized intersection with over 60,000 combined daily vehicle impressions (VPD) and outstanding signage exposure. Furthering its exposure, the lot benefits from two on-location bus stops, offering convenience and accessibility in a high-traffic area.

Surrounded by essential retailers and services, including CVS Pharmacy, an Exxon gas station, and the Premium Healthcare Multi-Specialty Tower, 6700 Coral Way is at the center of a thriving consumer base. Within a five-mile radius, the area sees $5 billion in total spending, with a projected 163,598 households by 2029, emphasizing the area's economic growth. Nearby, A.D. (Doug) Barnes Park, a 65-acre green space, attracts residents and visitors, adding to the community's high activity and demand.

Positioned 10 minutes from Coral Gables, one of Miami's most affluent and picturesque communities, this site offers seamless access to key transportation routes. It is only five minutes from the Palmetto Expressway and 14 minutes from Miami International Airport (MIA). 6700 Coral Way's highly sought-after location presents a rare commercial development opportunity in one of Miami's most dynamic corridors.

PROPERTY FACTS

Price $6,421,243 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 0.36 AC

1 LOT AVAILABLE

Lot

Price $6,421,243 CAD
Price Per AC $17,836,785.90 CAD
Lot Size 0.36 AC

0.36-AC commercial lot on the highly trafficked signalized intersection of Coral Way (SW 24th Street) and SW 67th Avenue in Miami.

Walk Score®
Very Walkable (70)

NEARBY AMENITIES

RESTAURANTS

El Rinconcito Latino Cafe Mexican $$$ 4 min walk
Domino’s - - 4 min walk
Pollo Tropical - - 9 min walk
Subway - - 9 min walk
Disco Fish Market & Restaurant Cuban $$$$ 15 min walk

RETAIL

Health Mart Pharmacy Drug Store 5 min walk
United States Postal Service Business/Copy/Postal Services 5 min walk
Wawa Convenience Market 7 min walk
BJ's Wholesale Club Wholesale Club 12 min walk
YouFit Gyms Fitness 12 min walk

HOTELS

Hampton by Hilton
149 rooms
8 min drive
Loews
242 rooms
9 min drive
aloft Hotel
125 rooms
11 min drive
Four Points by Sheraton
124 rooms
11 min drive
InterContinental
265 rooms
12 min drive

PROPERTY TAXES

Parcel Number 30-4014-012-0090 Improvements Assessment $1,442 CAD
Land Assessment $1,691,998 CAD Total Assessment $1,693,439 CAD

ZONING

Zoning Code 6400 (Commercial Central)

Map of 6700 Coral Way Miami, FL 33155

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