Miami-Dade County  »  1242 Coral Way

1242 Coral Way, Miami, FL 33134 - Property report

Also known as: 1242 Coral Way

Property image for 1242 Coral Way, Miami, FL 33134
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Property type

Residential - Single Family: 1 Unit (0101)

Year built

2022

Acreage

0.402

Sale price

$5,395,000

General information

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Address
Primary address
1242 Coral Way
ZIP code
33134
County
Miami-Dade
Municipality
03
Neighborhood
034118002
Parcel ID
0341180020031

Owner

Find out who owns 1242 Coral Way, Miami, FL 33134. Uncover corporate and individual owners with a free account.

Sales
Sale date
01/26/2022
Sale price
$5,395,000
Arm's length
Tax
Tax year
2025
Current property tax
$82,377
Building
Property type
Residential - Single Family: 1 Unit (0101)
Building sq. ft.
7,870
Buildings on lot
1
Stories
2
Year built
2022
Bedrooms
6
Bathrooms
6
Lot
Acreage
0.402
Zoning & Use
Zoning
Residential - Single Family : 1 Unit (SFP)
Qualified opportunity zone
Units
1

Area overview

Walk score
58 /100.  Somewhat Walkable
Transit score
35 /100.  Some Transit
Bike score
52 /100.  Bikeable
School district
Miami-Dade County Public Schools
Broadband internet providers and speed map
Types of broadband connections

Ownership information for 1242 Coral Way, Miami, FL

Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for 1242 Coral Way, Miami, FL 33134

Sale date Sale price Buyer name Seller name
01/26/2022 $5,395,000 XXX XXXXXXXXX X; XXX XXXXXX XXXX XXXXX XXX XXX
01/23/2012 $792,500 XXXX XXXXX XXX XXX XXXXXX XXXXXX XX XXXXXXX

*Most recent sales on record for this property.

More about Miami-Dade County property records.

Title documents

Date Type Amount Party 1 Party 2 Doc #
02/22/2024 - D
02/22/2024 - R
Assignment of Mortgage XXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXXXX XXXXX XXXXXXXX XXXX & XXXXX XXXXXXX
01/26/2022 - D
01/26/2022 - R
Mortgage XXX XXXXXXXXX X XXXXXX XXXXXX XXXX
01/26/2022 - D
01/26/2022 - R
Deed XXXX XXXXX XXX XXX XXX XXXXXXXXX X
01/23/2012 - D
01/23/2012 - R
Deed XXXXXX XXXXXX XX XXXXXXX XXXX XXXXX XXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 1242 Coral Way, Miami, FL

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2025
Base tax
$84,983
Current property tax
$82,377
Recent tax assessments
Market value
$4,850,805
Land value
$2,012,500
Building value
$2,838,305
Assessed value
$4,571,233

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Tax rate Property tax Y-o-Y change
2025 $4,850,805 $4,571,233 18.1852 $84,983 +5.10%
2024 $4,442,404 $4,442,404 18.2022 $80,862 -1.21%
2023 $4,471,080 $4,471,080 18.3076 $81,855 +329.11%
2022 $1,260,717 $919,767 18.2968 $19,075 +21.24%
2021 $836,152 $836,152 18.8156 $15,733 -0.27%
2020 $836,162 $781,620 18.8671 $15,776 -0.26%
2019 $836,173 $710,564 18.9154 $15,817 +2.51%
2018 $835,164 $645,968 18.4744 $15,429 -1.28%
2017 $835,164 $587,244 18.7132 $15,629 -2.00%
2016 $835,164 $533,859 19.0946 $15,947 -2.08%

Permit information for 1242 Coral Way, Miami, FL

No recently recorded permits for this property.

Coral Gables residential market stats

Access a detailed real estate market overview of Coral Gables so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Coral Gables and compare it to other neighborhoods in Miami-Dade.

Median sale price

$1,150,000

21.1% Y-o-Y

Median price/sq. ft.

$605

2.2% Y-o-Y

Miami-Dade county median sale price

$520,000

Check out recently sold homes in Coral Gables and see how their prices compare.

Risk

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FEMA flood zones

FEMA flood zones
X

Transportation

Daily traffic map

Access the detailed traffic volume map for 1242 Coral Way, Miami, FL 33134 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Schools

Nearest elementary schools

Name Rating Type Grade range No of students Distance (miles)
St. Philip's Episcopal School NR Private PK-5 180 0.14
St. Philip's Episcopal School NR Private PK-5 180 0.14
St Theresa School NR Private PK-8 900 0.18
St Theresa School NR Private PK-8 900 0.18
Granada Day School NR Private PK-K 175 0.82
Sylvania Heights Elementary School 8 Public PK, K-5 503 0.94
Nearest middle schools

Name Rating Type Grade range No of students Distance (miles)
St Theresa School NR Private PK-8 900 0.18
Crystal Academy Primary School CAPS Intern NR Private 26 0.82
Lindamood-Bell Learning Processes Coral Gables NR Private 8-11 2 0.82
Learning Experience School NR Private 0 0.93
Somerset Gables Academy 10 Charter K-8 473 0.96
Nicklaus Children's Hospital NR Public K-12 11 1.02
Coral Gables Preparatory Academy 9 Public PK, K-8 862 1.46
Coral Gables Senior High Adult Education NR Public 0 1.48
Wagner Montessori School NR Private 0 1.48
The English Center NR Public 0 1.89
Nearest high schools

Name Rating Type Grade range No of students Distance (miles)
Crystal Academy Primary School CAPS Intern NR Private 26 0.82
Lindamood-Bell Learning Processes Coral Gables NR Private 8-11 2 0.82
Learning Experience School NR Private 0 0.93
Nicklaus Children's Hospital NR Public K-12 11 1.02
Coral Gables Senior High Adult Education NR Public 0 1.48
Coral Gables Senior High School 6 Public 9-12 2,824 1.48
Wagner Montessori School NR Private 0 1.48
Lincoln-Marti Community Agency 35 NR Private K-12 0 1.61
The English Center NR Public 0 1.89

Data provided by GreatSchools.org © 2026. All rights reserved.

Frequently asked questions

What is the year built for 1242 Coral Way, Miami, FL 33134?

The development at 1242 Coral Way, Miami, FL 33134 was built in 2022.

What is the total square footage of 1242 Coral Way, Miami, FL 33134?

1242 Coral Way, Miami, FL 33134 has a total of 7,870 square feet.

When was 1242 Coral Way, Miami, FL 33134 last sold and what was the sale price?

1242 Coral Way, Miami, FL 33134 was last sold on 01/26/2022 for $5,395,000.

What is the assessed value of 1242 Coral Way, Miami, FL 33134?

1242 Coral Way, Miami, FL 33134 is currently assessed at $4,571,233.

What are the property taxes for 1242 Coral Way, Miami, FL 33134?

The property taxes for 1242 Coral Way, Miami, FL 33134 total $84,983.

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