Explore an exceptional investment opportunity at 6700 Coral Way (SW 24th Street) in Miami, a prime 0.36-acre corner development lot with unparalleled visibility and access. Currently operating as a used car dealership, this property benefits from a signalized intersection with over 60,000 combined daily vehicle impressions (VPD) and outstanding signage exposure. Furthering its exposure, the lot benefits from two on-location bus stops, offering convenience and accessibility in a high-traffic area.
Surrounded by essential retailers and services, including CVS Pharmacy, an Exxon gas station, and the Premium Healthcare Multi-Specialty Tower, 6700 Coral Way is at the center of a thriving consumer base. Within a 5-mile radius, the area sees $5 billion in total spending, with a projected 163,598 households by 2029, emphasizing the area's economic growth. Nearby, A.D. (Doug) Barnes Park, a 65-acre green space, attracts residents and visitors, adding to the community's high activity and demand.
Positioned 10 minutes from Coral Gables, one of Miami's most affluent and picturesque communities, this site offers seamless access to key transportation routes. It is only five minutes from the Palmetto Expressway and 14 minutes from Miami International Airport (MIA). 6700 Coral Way's highly sought-after location presents a rare commercial development opportunity in one of Miami's most dynamic corridors.