245 CORAL WAY, Coral Gables, FL 33134

245 CORAL WAY, Coral Gables, FL 33134 is a store : retail outlet built in 1946 with 4,500 square feet of living space on a 2,900 square foot lot. The property is currently owned by GABLES MIRACLE MILE LLC C/O TERRANOVA CORPORATION, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2015-07-29 for $930,000, when ROBERT GALLAGHER JR &W ELISABETH sold to 247 MIRACLE MILE LLC. The 2025 assessed value is $1,569,615 with a market value of $1,569,615. This breaks down to $1,377,500 for the land and $192,115 for the building.

The assessed value increased 5% from $1,494,350 in 2024. The median household income in this area is $124,688, and the median home value is $630,700. The population density is 12,358 people per square mile.

245 CORAL WAY, Coral Gables, FL 33134 is located in Coral Gables, Florida. Property records, tax assessments, sales history, and ownership information for this Coral Gables property are sourced from miami_dade County public records. The complete ownership history of this property spans from 2008 to 2015, with 2 recorded transactions in the public record.

The current assessed value represents 169% of the most recent sale price. This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal. Based on the most recent sale, this property traded at $207 per square foot — a key metric for comparing value across Coral Gables's real estate market..