The Commercial Property Located at 245 Coral Way, Coral Gables, FL 33134 Reportedly Traded On July 29, 2015

This is a news story only, not a listing.

It has been officially reported that the property located at 245 Coral Way in Coral gables within zip code 33134 and with the folio number 03-1080-006-3750 sold on July 29, 2015. The sale type was recorded as "Partial interest." Sales prices as recorded by the property appraiser frequently do not represent the whole story; thus full transaction details should be confirmed with the parties. Specific information about the buyer and seller in this transaction may be found by navigating to our property appraiser links for this property, clicking through on the link to "Main Page with Lot Outline, Aerial Views," then clicking through on the applicable sale on the date July 29, 2015 and with an amount of $930,000.00 about two thirds down the page, under the heading "Sales Information."

When considering this 245 Coral Way property sale one should consider other properties within its zip code 33134, some of which are currently for sale in this same zip code, as well as off-market listings in the area. Information on prior sales of area properties as well as current listings can be useful to gauge area pricing, but are not perfectly reliable. Current zip code 33134 demographics information, with a dizzying array of charts, can be informative, as can the Zip Code 33134 Commercial Property Investment Profile page, displaying metrics on sales trends, turnover, and more. Demographics for Coral Gables, the South Florida city in which the property is located, may also be worth reviewing.

Commercial properties that are currently listed in zip code 33134 can also give a representation of current market value, although it should be noted that actual selling prices are a better indicator as an asking price for any property is only that, an asking price. It can also prove insightful to view other commercial property holdings of and other information related to the property's recent ownership . Finally, a review of nearby businesses and resources and area traffic levels can be insightful, allowing the prospective buyer to quickly get a feel for area commerce and resources.

A birdseye view of the property is displayed above and a street map of the location is below. Additional information on this property, including other sales transactions amounts and links directly to pages for this property at the Miami-Dade County Property Appraiser website, can be found at this site's information page for this property. Note that the above birdseye aerial view and map herein were generated using the address recorded with the county property appraiser for the folio entered for this listing and that they are provided on a best efforts basis only and are not guaranteed.

Update: This 245 Coral Way property in Coral Gables within the zip code 33134 in Florida has subsequently been reported by the Miami-Dade Property Appraiser to have 4,500 adjusted square feet of building that was built in 1946 showing an effective year built of 1952. This 4,500 square footage (adjusted) of building put it in the 2,500 to 5,000 square feet range. Having a lot size of 2,900 square feet, one would perhaps put it in the 0 to 5,000 square feet range as far as lot size. Further, again on a date after the sale, the property is referenced by Miami-Dade county as zoned 5004 - MIXED-USE 2 with a land use of 1111 - STORE : RETAIL OUTLET. Note that since this was reported subsequent to the sale, it is possible these were different at the time of the sale. Also, commercial properties have been listed for sale near this one, including 1200 Ponce De Leon Blvd # 1100, 1200 Ponce De Leon Blvd # 200, 1200 Ponce De Leon Blvd # 201, 1200 Ponce De Leon Blvd # 202, 1805 Ponce De Leon Blvd # 310, 2020 Ponce De Leon Blvd # 908, 2020 Ponce De Leon Blvd # A1, 2030 S Douglas Rd # 109, 2030 S Douglas Rd # 216, 2530 Ponce De Leon Blvd, 255 Minorca Ave, 305 Navarre Ave, 306 Alcazar Ave, 3409 S Le Jeune Rd, 355 Alcazar Ave, 406 Valencia Ave, 414 Valencia Ave, 444 Ponce De Leon Blvd, 4600 W Flagler St, 55 Merrick Way # 14, 55 Merrick Way # 6, 5539 SW 8th St, 700 Biltmore Way, 912 E Ponce, and others.