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Coral Way

Coral Way

Urban Core Neighborhood in Miami, Florida

Miami/Dade County 33135, 33145

$878,231 Average Value
$557 Average Price per Sq Ft
167 Homes For Sale

Quaint living close to downtown

South Florida’s tropical climate blooms a lush neighborhood full of classic homes and myriad amenities: Coral Way. This neighborhood unfolds around its namesake thoroughfare, also known as State Road 972, a stretch packed with businesses and billowing banyan trees. The residential corridors in Coral Way are neatly organized, lined with sidewalks and more greenery. This neighborhood’s blend of tranquility and location helps put it in high demand. “Anything that’s closer to downtown is booming right now in Miami,” says local Realtor Ileana Rodriguez of RE/MAX Advance Realty II. “That is kind of closer to downtown. It has good schools.”

Coral Way is a neighborhood in the heart of Miami encompassing 4 small communities.
Coral Way is a neighborhood in the heart of Miami encompassing 4 small communities.
Many single family homes with terracotta roofing can be found in the Coral Way area.
Many single family homes with terracotta roofing can be found in the Coral Way area.
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A neighborhood in the Coral Gables web

Coral Way is adjacent to the more well-known city of Coral Gables. George Merrick, the real estate developer who laid out Coral Gables, also established the thoroughfare of Coral Way, or State Road 972, in the 1920s. Much of the housing in the Coral Way neighborhood dates back to the same period, largely built from the early to mid-20th century. “Mostly between 1920 to 1960. That is the majority of the houses,” says Rodriguez, who has been in real estate for some 40 years. “There are some new ones, but not that many.” Many of Coral Way’s homes were built in the region’s familiar Mediterranean style, with terracotta roofs. Contemporary is the most common style among the modern homes here. Assorted condos and townhomes supplement the traditional single-family homes in Coral Way, and a lot of those were built after the turn of the 21st century. Condos in Coral Way can sell for prices from the $200,000s to the $500,000s, townhomes can sell from around $500,000 to almost $2 million, and single-family houses come with price tags from the $400,000s to just over $2 million.

Mediterranean style homes with terracotta roofs are very popular in Coral Way.
Mediterranean style homes with terracotta roofs are very popular in Coral Way.
Renovated contemporary homes are beginning to be seen around Coral Way.
Renovated contemporary homes are beginning to be seen around Coral Way.
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Neighborhood nerve center is easy to find

The titular thoroughfare is a hub for activity. Coral Way is lined with restaurants, markets and shops. “There are a lot of outdoor restaurants,” Rodriguez says. “That area is booming.” The restaurants here represent an assortment of cultures, too. Majestic Portuguese Bakehouse is a hotspot for a quick bite, particularly the pastel de nata, a custard tart. Or locals can sit down for a meal at Xixón Spanish Restaurant, which has a menu filled with everything from chorizo sandwiches to suckling pig to stone-grilled rib-eye steak. Both Majestic and Xixón offer outdoor seating. Locals can also pick up fixings for a home-cooked meal at places like Meat N' Bone, a butcher shop known in part for its steaks, or Chèvre Miami, a cheese shop. There’s a Winn-Dixie supermarket along Coral Way as well.

Coral Way is home to XiXon Spanish restaurant offering a Flamengo show on certain nights.
Coral Way is home to XiXon Spanish restaurant offering a Flamengo show on certain nights.
Many Coral Way residents enjoy shopping at the Winn Dixie for their groceries.
Many Coral Way residents enjoy shopping at the Winn Dixie for their groceries.
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Events galore, in and around the neighborhood

Part of what makes Coral Way an advantageous location is the plethora of community events nearby. “We have so many events,” Rodriguez says. “There’s always something happening.” The neighborhood's Bryan Park hosts movie nights, for instance. Shenandoah Park, slightly to the south, is home to an annual Christmas tree lighting and a community potluck in early December. The Shenandoah Branch Library, situated by Shenandoah Park, has its own calendar of recurring events, including weekly art classes and monthly gardening workshops.

The Shenandoah Library can be found in Shenandoah Park offering activities in Coral Way.
The Shenandoah Library can be found in Shenandoah Park offering activities in Coral Way.
Bryan Park is located in the heart of Coral Way offer Pickle Ball and more.
Bryan Park is located in the heart of Coral Way offer Pickle Ball and more.
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Schools come close by

The area’s Miami-Dade County Public Schools system, which has a B-plus rating on Niche, covers Coral Way and allows students and their families the flexibility of applying to the schools of their choice. Multiple campuses in the neighborhood are within walking distance. Kids can start at the C-plus-rated Shenandoah Elementary, which offers an afterschool program through the YMCA of South Florida. Students may then move on to the B-minus-rated Shenandoah Middle, where they can enter a museums magnet program that uses local museums to create immersive learning experiences. The B-rated Coral Way K-8 Center is an option as well, a school with a full dual-language English and Spanish program. Then students may advance to the B-plus-rated Miami Senior High, which has magnet programs in teaching and legal and public affairs.

Shenandoah Middle School provides a public education for students in Coral Way.
Shenandoah Middle School provides a public education for students in Coral Way.
Miami Senior High
Miami Senior High
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Parks are all around

Coral Way’s lush landscape comes complete with multiple parks. Shenandoah Park is among the options, a spot that spans 3 acres and received a recent renovation, with a new Olympic-sized pool, upgrades to the baseball diamond, new basketball courts and more.

The basketball courts in Shenandoah Park are very popular in Coral Way.
The basketball courts in Shenandoah Park are very popular in Coral Way.
Shenandoah Park is in the heart of Coral Way and full of life in the afternoon.
Shenandoah Park is in the heart of Coral Way and full of life in the afternoon.
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Traverse Miami with Metrobus

There are several stops on Miami-Dade County’s Metrobus system around Coral Way. The Metrobus network includes almost 100 different routes. Coral Way residents are also close to the Vizcaya Metrorail Station, which can take riders up to Downtown Miami in about 15 minutes. Also, drivers in Coral Way can reach Interstate 95 quickly, to get downtown in a trip of just about 4 miles.

Vizcaya station offers Coral Way residents easy access into the city.
Vizcaya station offers Coral Way residents easy access into the city.
Coral Way residents can commute with ease either with the Public bus or the free trolley.
Coral Way residents can commute with ease either with the Public bus or the free trolley.
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Wayne Epps Jr.
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Wayne Epps Jr.
Luke Mancari
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Luke Mancari

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Interested in learning more about homes in this area? Reach out to Melissa Lorenzo, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

Miami International

21 min drive

Train

Vizcaya

Bus

SW 8 St & SW 24 Av

Bus

SW 27 Av & SW 19 Tr

Bus

SW 17 Av & SW 19 St

Bus

SW 22 St & SW 36 Av

Bus

SW 27 Av & SW 10 St

Bus

SW 22 Av & SW 18 St

Bus

SW 8 St & SW 19 Av

Reviews

Homes.com Reviews
5.0 1 Review
5.0 Current Resident
5/14/2024 Homes.com Review
Super central and very eclectic with many beautifully renovated historic homes. Quiet & with a newly renovated huge park!

Crime and Safety

1 - Low Crime, 10 - High Crime Coral Way US
Homicide 4 4
Sexual Assault 4 4
Assault with Weapon 4 4
Robbery 4 4
Burglary 4 4
Motor Vehicle Theft 4 4
Larceny 4 4
Crime Score 4 4

Source: WhatIsMyCrimeRisk.com

Demographics and Home Trends

Home Trends

Median Price (12 Mo)
$808,000
Median Single Family Price
$965,000
Median Townhouse Price
$1,245,000
Median 2 Bedroom Price
$494,500
Median 1 Bedroom Price
$330,000
Average Price Per Sq Ft
$557
Number of Homes for Sale
167
Last 12 months Home Sales
251
Months of Supply
8.00
Median List Price
$924,950
Median Discount From 1st List Price
7%
Median Home Sale Price YoY Change
7%

Home Facts

Number of Homes in Neighborhood
7,232
Median Year Built
1949
Avg. Single Family Home Size Sq Ft
1,683
Below the national average
1,937
Average Townhouse Size Sq Ft
2,081
Average 2 Bedroom Size Sq Ft
1,052
Average 1 Bedroom Size Sq Ft
741
Average Studio Size Sq Ft
281
Median Lot Size Sq Ft
6,098

Open Houses

  • Sunday, May 11
    4 - 6pm

    3245 SW 23rd St Unit B, Miami, FL 33145

    $1,389,000

    • 4 Beds
    • 4 Baths
    • 2,600 Sq Ft
    • 3245 SW 23rd St
    • Unit B

    Discover modern luxury in this stunning 4-bed, 4-bath townhome in the sought-after Silver Bluff area of Coral Way. Built in 2021, this 2,600 sq. ft. residence blends contemporary design with high end finishes. The open living space features a sleek fireplace and stylish bar, perfect for entertaining. The chef’s kitchen boasts stainless steel appliances, quartz countertops, and warm oak cabinetry.

    Agent Photo
    Leon Damjanovic
    Compass Florida, LLC
    (844) 681-0261
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  • Saturday, May 10
    11am - 2pm

    2181 SW 20th St, Miami, FL 33145

    $1,190,000

    • 3 Beds
    • 3 Baths
    • 1,582 Sq Ft
    • 2181 SW 20th St
    • New 2 days ago

    Stunning Fully renovated Home in prime Miami Location, just minutes from Brickell, Coconut Grove, Coral Gables and Miami International Airport.Beautifully, and completely remodeled modern home with 3 bedroom, and 3 bathroom. Featuring a spacious open concept layout. The heart of the house is a spectacular kitchen with high-end finishes and an open layout perfect for hosting friends and

    Carina Burguete RES Real Estate Solutions, LLC

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  • Saturday, May 10
    11am - 1pm

    1854 SW 17th St, Miami, FL 33145

    $1,125,000

    • 3 Beds
    • 3 Baths
    • 1,712 Sq Ft
    • 1854 SW 17th St

    Stunning New Renovation in Shenandoah! Discover this beautifully transformed 1,752 sqft home, featuring 3 spacious bedrooms + Den, and 3 luxurious full bathrooms. Step inside to find a brand-new kitchen, new gleaming tile floors, new top-of-the-line appliances-all designed with modern living in mind. Every detail has been meticulously updated, including a new roof with a 15 year warranty, impact

    Ignacio Cattaneo BM2 Realty

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Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Condo Buildings

Interested in learning more about homes in this area? Reach out to Melissa Lorenzo, an experienced agent in this neighborhood.

Average Home Value




Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Renters

Demographics

Total Population
27,615
Median Age
44
Population Density
17 ppl/acre
Population under 18
18.7%
Below the national average
23.8%
Population over 65
20%
On par with the national average
19.1%

Finances

Median Household Income
$63,846
Below the national average
$71,702
Average Household Income
$88,760

Education and Workforce

High School Graduates
83.6%
Below the national average
89.1%
College Graduates
39.4%
Above the national average
34.1%
Advanced Degrees
16.8%
% Population in Labor Force
67.5%

Weather

Annual Precipitation
68''
Average Winter Low Temperature
62°F
Average Summer High Temperature
91°F
Annual Snowfall
0''

Area Factors

Bikeable

Bike Score®

66 / 100

Very Walkable

Walk Score®

78 / 100

Some Transit

Transit Score®

45 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

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Reviews

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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Coral Way
Melissa Lorenzo
Lexan Real Estate, LLC
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