253 CORAL WAY, Coral Gables, FL 33134

253 CORAL WAY, Coral Gables, FL 33134 is a restaurant or cafeteria : retail outlet built in 1930 with 7,505 square feet of living space on a 5,755 square foot lot. The property is currently owned by GABLES MIRACLE MILE LLC, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2020-01-31 for $3,700,000, when 253 MIRACLE MILE CG LLC sold to 253 CORAL GABLES MM LLC. The property has appreciated $3,699,900 (3699900%) since the prior sale of $100 on 2017-04-28. There are 3 recorded sales for this property.

The 2025 assessed value is $4,259,200 with a market value of $4,500,000. This breaks down to $2,733,625 for the land and $1,766,375 for the building. The assessed value increased 10% from $3,872,000 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. 253 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 1996 to 2020, with 3 recorded transactions in the public record. The current assessed value represents 115% of the most recent sale price.

Based on the most recent sale, this property traded at $493 per square foot — a key metric for comparing value across Coral Gables's real estate market..