Basics
| Date added Added 4 months ago | Category Office | Type Commercial Sale | Status Active |
| Lot size, sq ft 1057 sq ft | Year built 2005 | ListOfficeName Lee Maloff Realty Inc | UnitNumber 109 |
| ListAOR Miami Association of REALTORS® | MLS ID A11934786 |
Description
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Description:
High yield Boutique office Strategically located in the epicenter of Coral Gables business district, this 1057 Boutique office suite offers an unmatched investment profile. Yield a 6.25% VAP (Yield ) the property features a secure lease through Q2 2027, making it an ideal vehicle for a 1031 exchange Buyers or conservative investors. This property has the beauty of being on Douglas Road, direct access from the avenue.
This property solves the #1 challenge in Coral Gables: Parking. This unit includes two surplus assigned COVERED parking spaces beyond legal requirements, a high-value asset in South Florida climate. Additionally the building offers free visitors parking, If Buyer want to purchase additional parking spaces at $30,000 each. Set between the luxury of Merrick Park and the vibrancy of Miracle Mile, this suite offers a resort-style work environment with Owners full access to a private gym and swimming pool.
Investment Highlight:
Yield :6.25%VAP.Lease term: Secured through 02/27 Indiviual AC .Parking 4 assigned covered
plus free visitors parking
Strategic Core: One block from Miracle Mile , immediate proximity to the Plaza Coral Gables
Size 1,057 sq ft
No Special assessments in 2026
Location
- CountyOrParish: Miami-Dade County
Building Details
Video
- Virtual Tour: https://www.propertypanorama.com/instaview/mia/A11934786
Amenities & Features
- Security Features: Smoke Detector(s), Security, Security Lights
- WindowFeatures: Clear Impact Glass
- Waterfront available: No
- GarageYN: No
- AttachedGarageYN: No
- CoolingYN: Yes
- PoolPrivateYN: No
- FireplaceYN: No