Located in the desirable Historic Coral Way neighborhood of Coral Gables, the property at 1242 Coral Way has been sold. This single-family residence (SFR) features a spacious 5,656 square feet of living space. The transaction took place on January 20, 2022, and the property was purchased for a total of $5,395,000. With a price per square foot (PPSF) of $954, this sale achieved the highest price per square foot in Historic Coral Way, highlighting the desirability of the area.

Summary of transaction details

• Property Type: SFR
• Transaction Amount: $5,395,000
• Address: 1242 Coral Way
• Market: Historic Coral Way, Coral Gables

The buyers of this property are Catherine D. Sim and Edward Sim, who have acquired a luxurious residence in a prime location. Representing the buyers in this transaction were Laura Roxana Garcia, Paola Marulanda, and Michael Martinez from ONE Sotheby’s International Realty. Together, they facilitated the successful purchase of this coveted property.