220 CORAL WAY, Coral Gables, FL 33134

220 CORAL WAY, Coral Gables, FL 33134 is a mixed use-store/residential : retail outlet built in 1950 with 47,999 square feet of living space on a 23,945 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 2013-10-11 for $12,280,000, when GABLES TOWER LLC sold to GABLES MIRACLE MILE LLC. The property has appreciated $330,000 (3%) since the prior sale of $11,950,000 on 2004-10-01. There are 3 recorded sales for this property.

The 2025 assessed value is $15,043,959 with a market value of $16,326,100. This breaks down to $11,373,875 for the land and $4,952,225 for the building. The assessed value increased 10% from $13,676,327 in 2024.

The median household income in this area is $97,706, and the median home value is $694,000. The population density is 6,944 people per square mile. 220 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 2000 to 2013, with 3 recorded transactions in the public record. The current assessed value represents 123% 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 $256 per square foot — a key metric for comparing value across Coral Gables's real estate market..