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116 Coral Way; Miami, FL Property Details

116 Coral Way, Miami, FL is a Store (Multi-story) that was built in 1930. This property is currently a cash purchase and is not for sale. Our records show that 116 Coral Way has a total of 8,175 square feet. The lot size of 116 Coral Way is 3,000 square feet.

Off market
116 Coral Way Miami, FL 33134
$20,667 Listing Price
8,175 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1930
  • Purchase Price: $3,000,000
  • APN: 03-4117-005-0560
  • Situs County: Miami-Dade
  • Length Of Ownership: 13 years

Structure

  • Building Style: Concrete Block
  • Stories: 3
  • Building Quality: D
  • Roof Type: Flat
  • Roof Cover Type: Slate

Measurements

  • Total: 8,175/SqFt
  • Lot: 3,000/SqFt
  • Gross: 8,175/SqFt
  • Living: 8,175/SqFt
  • Building: 8,175/SqFt
  • Ground: 5,450/SqFt
  • Price Per Square Foot: $366.97

Legal Description

  • Description: CORAL GABLES CRAFTS SEC PB 10-40 LOT 18BLK 3 LOT SIZE 25.000 X 120 OR 16690-3609 0295 4 COC 24250-5005 02 2006 1
Building Insights

Land Information

  • Property Type: Store (multi-story)
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Dade County School District
  • Lat / Lon: 25.74948 / -80.2571
  • Subdivision: Coral Gables Crafts Sec
  • Property Class: Commercial
  • Zoning: 5004
  • County Use Code: 1111

Amenities

  • Cooling: Yes

Ownership Info

116 Coral Way has no associated ownership info
116 Coral Way has no associated ownership info.

Taxes

116 Coral Way has 10 associated Taxes items

116 Coral Way, Miami, FL pays taxes in Miami-Dade County, FL. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $3,595,000. The APN we've located for 116 Coral Way is 03-4117-005-0560.

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Taxes
  • Assessed Value:  $3,595,000
  • Assessed Year:  2025
  • Assessed County:  Miami-Dade
  • APN:  03-4117-005-0560
  • Assessed Land Value:  1425000
  • Market Land Value:  1425000
  • Tax Amount:  68573.79
  • Tax Year:  2025
  • Market Value:  3595000
  • Market Year:  2025

Tax History

116 Coral Way has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $3,595,000 Land Value $1,425,000 Improvement Value $2,170,000 Tax Amount $68,573.79 Change Rate +0.043276% Assessed CR Tax Rate +0.019075%
Year 2024 Assessed Value $3,398,587 Land Value Improvement Value Tax Amount $65,729.28 Change Rate +0.051488% Assessed CR Tax Rate +0.01934%
Year 2023 Assessed Value $3,089,625 Land Value Improvement Value Tax Amount $62,510.7 Change Rate -0.07029% Assessed CR Tax Rate +0.020232%
Year 2022 Assessed Value $3,500,000 Land Value $1,275,000 Improvement Value $2,225,000 Tax Amount $67,236.78 Change Rate +0.027386% Assessed CR Tax Rate +0.019211%
Year 2021 Assessed Value $3,194,400 Land Value Improvement Value Tax Amount $65,444.5 Change Rate +0.058205% Assessed CR Tax Rate +0.020487%
Year 2020 Assessed Value $3,445,000 Land Value $1,275,000 Improvement Value $2,170,000 Tax Amount $61,844.84 Change Rate +0.113735% Assessed CR Tax Rate +0.017952%
Year 2019 Assessed Value $2,975,000 Land Value $1,275,000 Improvement Value $1,700,000 Tax Amount $55,529.23 Change Rate +0.061358% Assessed CR Tax Rate +0.018665%
Year 2018 Assessed Value $2,800,000 Land Value $1,020,000 Improvement Value $1,780,000 Tax Amount $52,319.03 Change Rate +0.000196% Assessed CR Tax Rate +0.018685%
Year 2017 Assessed Value $2,385,250 Land Value Improvement Value Tax Amount $52,308.8 Change Rate +0.063254% Assessed CR Tax Rate +0.02193%
Year 2016 Assessed Value $2,468,400 Land Value Improvement Value Tax Amount $49,196.9 Change Rate -0.057467% Assessed CR Tax Rate +0.019931%
Year 2015 Assessed Value $2,640,000 Land Value Improvement Value Tax Amount $52,196.48 Change Rate +0.085476% Assessed CR Tax Rate +0.019771%
Year 2014 Assessed Value $2,400,000 Land Value Improvement Value Tax Amount $48,086.24 Change Rate Assessed CR Tax Rate +0.020036%