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$120,000
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Property Description
Prime retail smoke shop opportunity positioned directly on the highly traveled Coral Way corridor in Miami, one of the area's most active commercial arteries with approximately 35,000+ vehicles per day (FDOT data). This unit offers exceptional street frontage, constant visibility, and strong drive-by exposure in a high-demand retail strip surrounded by barbershops, salons, and service-oriented businesses that generate steady daily foot traffic. Established under current ownership for 5 years, the business features stable operations and a fully built-out space. Sale includes inventory, fixtures, equipment, and existing improvements, allowing a qualified buyer to step in and operate immediately. Competitive lease in place, subject to landlord approval. Ample parking in front with additional rear parking enhances accessibility and customer convenience. Ideal opportunity for an investor seeking a cash-flowing retail asset or a motivated entrepreneur looking to step into an operational, ready-to-run business with room for growth. Business only - real estate not included. Confidential sale. NDA required for financials and lease details.
Full Property Details
Full Property Details for 7842 Coral Wy
General
- Price: $120,000
- Taxes: (2025)
- Status: Active
- Type: Business
- Source: Greater_Miami
- MLS ID: A11968668
- Updated: 2/19/2026
- Added to Site: 12 day(s) ago
Business
- Business Type: Convenience Store, Retail
- Year Established: 2020
Additional Information
- Security/Safety: Smoke Detector(s)
Parking
- Parking Features: Additional Spaces Available, Common, Free Parking
Location
- County: Miami-Dade County
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Building A/C
Utilities
- Water: Public
Structural Information
- Structure Type: Anchored Center, Commercial
- Detached/Attached: Detached
- Construction: Brick, CBS Construction
- Windows: Complete Panel Shutters/Awnings
- Other Struct. Feat.: Automobile Traffic, Heavy Traffic, Office, Pedestrian Traffic, Private Restrooms, Rear Access, Storage
Lot Features
- Lot Features: Anchored Center, City Location, Commercial Park
- Zoning: Commercial Retail
Financial Considerations
- Tax Year: 2025
- Terms: All Cash, Conventional/Refinance
Disclosures and Reports
- Documents Avail.: Equipment Inventory, Tax Return
- Inclusions: Equipment, Furniture/Fixtures, Inventory, Trade Name, Business Only, Other Sale Includes
Listed by Elev8ed Estates Corp
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Schools
Schools serving 7842 Coral Wy
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Emerson Elementary School 8001 Southwest 36th Street, Miami, FL 33155 | PK-5 | 0.7 mi |
West Miami Middle School 7525 Southwest 24th Street, Miami, FL 33155 | 6-8 | 0.3 mi |
Miami Coral Park Senior High School 8865 Southwest 16th Street, Miami, FL 33165 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7842 Coral Wy
Date
Details
Price
Change
Source
2/19/2026
Listed
$120,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 7842 Coral Wy
7842 Coral Way, Miami, FL 33155 (MLS# A11968668) is a Business property. 7842 Coral Way is currently listed for $120,000 and was received on February 19, 2026. Want to learn more about 7842 Coral Way? Do you have questions about finding other Business real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

