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Coral Way

Coral Way

$886,377 Average Value
$551 Average Price per Sq Ft
169 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.
Written By
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

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!
Are you familiar with the Coral Way neighborhood? to let others know what life in this neighborhood is like.

Coral Way Demographics and Home Trends

Housing Trends

Median List Price
$949,499
Median Sale Price
$850,500
Median Single Family Sale Price
$945,000
Median Townhouse Sale Price
$1,220,000
Median 2 Bedroom Sale Price
$461,250
Median Change From 1st List Price
7%
Last 12 months Home Sales
240
Median Home Sale Price YoY Change
10%
Average Price Per Sq Ft
$551

Neighborhood Facts

Number of Homes in Neighborhood
7,324
Number of Homes for Sale
169
Median Year Built
1949
Months of Supply
8.50
Average Single Family Home Size Sq Ft
1,687
Below the national average
1,924
Average Townhouse Size Sq Ft
2,080
Average 2 Bedroom Size Sq Ft
1,052
Average 1 Bedroom Size Sq Ft
745
Average Studio Size Sq Ft
281
Median Lot Size Sq Ft
6,098

Open Houses

  • Sunday, Sep 21
    2 - 4pm

    1152 SW 22nd Terrace, Miami, FL 33129

    $1,965,000

    • 4 Beds
    • 3 Baths
    • 2,850 Sq Ft
    • 1152 SW 22nd Terrace

    New Construction. Nestled in The Roads, this new urban villa offers the perfect balance of location, luxury, andspace. The interiors (2,850 SF/ under AC) feature living and dining room with volume ceilings, imported customkitchens and bathrooms, premium Thermador appliances & gas cooktop. There is One (1) bedroom on the firstlevel and 3 bedrooms on the 2nd level for a total of 4

    Agent Photo
    Claudia Del Toro
    Cervera Real Estate Inc.
    (786) 949-0850
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  • Saturday, Sep 20
    2 - 5pm

    2317 SW 23rd St, Miami, FL 33145

    $1,999,900

    • 4 Beds
    • 7 Baths
    • 3,817 Sq Ft
    • 2317 SW 23rd St
    • New 2 days ago

    Historic 1920s showstopper on a private, gated double lot. Once the German Embassy, this 4BR/5BA estate blends timeless character with rare versatility. A dramatic “Cuba Room” opens to its own walled courtyard, while the backyard offers a pool and entertaining space that feels like a private compound with 12' hedges. The rear building includes two separate units: a 1BR and an efficiency, each

    Christopher Wartko Trust Properties USA FL, Inc.

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  • Saturday, Sep 20
    2 - 4pm

    1724 SW 10th St, Miami, FL 33135

    $1,099,000

    • 4 Beds
    • 3 Baths
    • 2,340 Sq Ft
    • 1724 SW 10th St
    • New 3 days ago

    Discover your stylish residence in the heart of Shenandoah! This 4-bed, 3-bath home is fully renovated and turnkey with over 2,300 square feet of interior living space. Enjoy a beautifully divided floor plan—open enough for entertaining yet with distinct spaces that cater to everyday living. The bright, oversized kitchen is truly the heart of the home, featuring a spacious island and stainless

    Carley Fernandes Compass Florida, LLC

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Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Condo Buildings

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.

Nearby Neighborhoods

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