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2030 S Douglas Rd # 109, Coral Gables FL 33134

Coral Gables, FL 33134

$698,000

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Price
$698,000
Building size
1,057
Property type
Office
Year built
2005
Lot size (sq ft)
1,057
MLS number
A11934786

This listing is courtesy of Lee Maloff Realty Inc, 305-444-6692.

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About this property

2(two) ASSIGNED COVERED PARKING SPACES and PRIVATE BATHROOM Can be used as medical office. 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. Finance information provided by Owner. 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 . 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

Details

Property type
Office
Year built
2005
Lot size (sq ft)
1,057

Location

Listing information is deemed reliable but is not guaranteed accurate by MIAMI REALTORS®.

Newmar Brokerage, LLC

2030 S Douglas Rd # 109, Coral Gables FL 33134 | Newmar Brokerage, LLC