8415 CORAL WAY, Westchester, FL 33155

Parcel: 3040100000020 · Community Shopping Center · Retail Outlet · Zoning: 6400

Assessed Value (2025)
$39,060,000

Property Details

Living Sqft
218,418
Year Built
1959
Lot Sqft
823,076
Stories
3
COMMUNITY SHOPPING CENTER : RETAIL OUTLET

Sales History

1
N/Anon-market transfer
1990-05-01
2
$20,600,000
2005-02-01

Tax Assessment History

$39,060,000
Assessed (2025)
$39,060,000
Market Value
$39,060,000
Taxable Value
$795,230
Annual Tax
2024
$35,937,000
$38,100,000
2025
$39,060,000
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $39,060,000 $39,060,000 $39,060,000 $795,230
2024 $35,937,000 $38,100,000 $35,937,000 $731,649

About 8415 CORAL WAY, Westchester, FL 33155

8415 CORAL WAY, Westchester, FL 33155 is a community shopping center : retail outlet built in 1959 with 218,418 square feet of living space on a 823,076 square foot lot. The property is currently owned by COLUMBIA BBB WESTCHESTER SHOPPING C/O IDEAL MANAGEMENT, 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 2005-02-01 for $20,600,000. The 2025 assessed value is $39,060,000 with a market value of $39,060,000. This breaks down to $21,815,629 for the land and $17,244,371 for the building.

The assessed value increased 9% from $35,937,000 in 2024. The median household income in this area is $109,875, and the median home value is $481,500. The population density is 6,267 people per square mile.

This property currently has 6 open code violations on record with miami_dade code enforcement. Open violations can affect property value and may need to be resolved before a sale can close. 8415 CORAL WAY, Westchester, FL 33155 is located in Westchester, Florida.

Property records, tax assessments, sales history, and ownership information for this Westchester property are sourced from miami_dade County public records. The complete ownership history of this property spans from 1990 to 2005, with 2 recorded transactions in the public record. The current assessed value represents 190% 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. There are 6 active building permits on this property with a combined estimated cost of $495, indicating ongoing construction or renovation work. Based on the most recent sale, this property traded at $94 per square foot — a key metric for comparing value across Westchester's real estate market..

Building Permits (135)

Permit #TypeStatusCost
W2026113464 plumbing A
C2026068880 building A
C2026073830 mechanical A
C2026007493 electrical A $495
W2026063995 electrical F
W2026037529 electrical F
W2026031876 electrical F
C2026028066 mechanical F
C2026029699 plumbing F
C2026018663 electrical F
W2026018913 plumbing A
C2025106918 building F $700,000
C2025155115 building expired $380,000
C2025066572 electrical F
C2024168091 building F $30,000
Showing 15 of 135 permits

Code Violations 6 open

20260245624 open
2026-01-26
F2023012823 open
2026-01-13
A2023001756 open
2023-02-11
A2023000490 open
2022-11-11
A2021000747 open
2020-12-11
A2018001478 open
2018-02-11

Distress Signals

  • 6 open code violations

Current Owner

COLUMBIA BBB WESTCHESTER SHOPPING C/O IDEAL MANAGEMENT
12602 SW 88 ST, MIAMI, FL, 33186-1867
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$469,120 — $860,120
Flood $400 — $800
Property/Wind $468,720 — $859,320

Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.

Neighborhood

Median Income$109,875
Median Home Value$481,500
Pop. Density6,267/sq mi

Neighborhood 33155

61.6%
Owner-Occ
38.4%
Investor
253
Flips (4yr)
9,120
New Biz (3yr)
Distress Risk
MODERATE
37
View full risk analysis →
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