Skip to content
5941 Coral Way, Miami, FL 33155
Under Contract
35 Days on Market
Virtual Tour
Loading photos…
All Listings

How this price compares

Asking price
$699,000
Price per sq ft
$683
Vs. nearby sales
49.5% above
Days on market
35

This 1-bedroom single-family home in Coral Way Pk Sec D went under contract with an asking price of $699,000, or $683 per square foot. It spent 35 days on the market before going under contract. The 5 most recent single-family home sales in the closings shown below sold at a median of $457 per square foot, so the asking price was 49.5% above what comparable homes here actually sold for.

1
Bedrooms
1
Bathrooms
1,024
Living Sq Ft
1948
Year Built

Estimated monthly payment

$3,674 /mo

Principal and interest only, based on $139,800 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.

Customize this estimate

Listing Snapshot

Price
$699,000
Days on Site
35 Days
Bedrooms
1
Total Baths
1
Full Baths
1
Partial Baths
0
Living Area
1,024 sqft
Total Sq Ft
1,202 sqft
Lot Size
0.09 Acres
Year Built
1948
Property Type
Single Family
MLS #
A12082607
Property Tax
$6,863 (2025)
Subdivision
CORAL WAY PK SEC D
County
Miami Dade
Status
Under Contract
Special Conditions
Listed As Is

About This Property

A unique opportunity located fronting Coral Way, minutes from Coral Gables, this completely remodeled property offers an attractive alternative for professionals who would rather invest in real estate and build equity than continue leasing traditional office space. Thoughtfully renovated for professional office use. The interior features two private executive offices, one bathroom, a kitchen, and additional functional workspace, parking. Major improvements include new electrical, plumbing, lighting, tile flooring, and hurricane-resistant impact windows and doors, providing a modern, professional environment ready for an owner-user to establish their business. The property is currently zoned residential and has a Certificate of Use for a home-based business. Its configuration may make it particularly appealing to a law firm, architect, title company, CPA or accounting firm, insurance professional or adjuster, real estate brokerage, mortgage company, engineering firm, consultant, or other professional-service business, subject to applicable use requirements. Prime Coral Way location is one of the property's strongest attributes. Fronting Coral Way, the property provides convenient access to the Coral Gables business district, MIA Airport and Highways. The surrounding area offers an established mix of restaurants, cafés, retail, banking, professional services, and neighborhood businesses, making the location convenient for business owners, employees, and visiting clients.

MLS media link

General Features

Property Type
Single Family
Status
Under Contract
Year Built
1948
Property Condition
Resale
Number of Stories
1
Levels
One
Garage Spaces
0
Parking
Parking Pad
Direction Faces
South
Lot Size (Acres)
0.09
Living Sq Ft
1,024
Total Sq Ft
1,202
Sewer
Septic Tank
Water Source
Public
Zoning
0100

Interior Features

Appliances
Electric Range / Microwave / Refrigerator
Cooling
Central Air
Heating
Electric
Flooring
Tile
Interior Features
Bedroom On Main Level / None / Storage
Windows
Blinds
Total Rooms
2

Exterior Features

Construction
CBS Concrete Block Structure / Block
Roof
Flat / Tile
Exterior Features
Lighting
View
Other

Community & HOA

Security
Smoke Detectors
55+ Community
Yes
Financing Terms
Cash / Conventional / Other
Restrictions
See Remarks
MLS Area
2400

Schools

Elementary School
Sylvania Heights
Middle School
West Miami
High School
South Miami
Homes for Sale
3
Under Contract
2
Median List Price
$1,740,000
Median $/Sq Ft
$811
Avg Days on Market
48
View all 3 homes for sale in Coral Way Pk Sec D →
How do I schedule a tour of 5941 Coral Way, Miami, FL 33155?
Use the Tour button on this listing to request a showing of 5941 Coral Way, Miami, FL 33155. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
Is 5941 Coral Way, Miami, FL 33155 still available?
5941 Coral Way, Miami, FL 33155 is currently listed as Under Contract, and has been on the market 35 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
How much is the monthly payment for 5941 Coral Way, Miami, FL 33155?
With 20% down ($139,800) on the $699,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 5941 Coral Way, Miami, FL 33155 is about $3,674/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 5941 Coral Way, Miami, FL 33155?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 5941 Coral Way, Miami, FL 33155. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
What schools serve 5941 Coral Way, Miami, FL 33155?
5941 Coral Way, Miami, FL 33155 is zoned for Sylvania Heights (elementary), West Miami (middle), South Miami (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
Can I negotiate the price of 5941 Coral Way, Miami, FL 33155?
Often, yes. The right offer on 5941 Coral Way, Miami, FL 33155 depends on how it's priced against comparable single family sales in Miami, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Listing courtesy of Lifestyle International Realty

Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated September 3, 2026.

$699,000

Interested in This Property?

Contact us to schedule a showing or ask a question.

Re: 5941 Coral Way, Miami, FL 33155

By submitting you agree to our Privacy Policy and Terms of Use.

Own a home near this one? See what it would sell for today

Listed by Roberto Tercero, Lifestyle International Realty

More Homes in CORAL WAY PK SEC D

View the Community →

Similar Listings in Miami

All Miami Homes →