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329 Palermo Ave, Coral Gables FL 33134

Commercial Recently Sold
$5,500,000

BTC: 78.41540432

ETH: 1,558.07365439

Sold on: 2023-04-28
139 days
0 room(s)
Est. Estimated sales range: $0 - $0
$0

Overview

The 329 Palermo Business Center presents an excellent opportunity for an owner. User to purchase a superb Class B office building. This 2-story Class B office building is located in the heart of Coral Gables CBD and is available for immediate occupancy. The 9958 Square feet office building has 12 on-site covered parking spaces along with 4 restrooms, a kitchen, a conference room and 18 offices in an open floor plan.329 Palermo would allow an owner-user to occupy this one-of-a-kind building for significantly less than they could lease on an annual basis. Rents in Coral Gables are on the rise with more and more tenants entering the market every day. Retail space commands a premium compared to office space and current lease structures in place limit the owners exposure to increased expenses.

Location

Facts and features

Type:
Commercial Sale
Parking:
Covered / Garage / Handicap Parking
Year Built:
1971
Lot:
5000 Square Feet
Heating:
Central Building A/C
Price/sqft:
No Data
Cooling:
Central Building A/C
HOA:
No Data
All facts and features
  • Heating

    • Central Building A/C

    Cooling

    • Central Building A/C

  • Parking

    • Covered

    • Garage

    • Handicap Parking

    Lot

    • Lot: 5000 Square Feet

    Other Property Information

    • Parcel Number: 03-41-17-005-4930

    • Zoning: 6600

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Office

  • Other financial information

    • Annual tax amount: $43,295

  • Source details

    • MLS ID: A11269370

    Other facts

    • Construction Materials: CBS Construction

    • Water Source: Public

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: One Sotheby's International Realty