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2030 S Douglas Rd # 216, Coral Gables FL 33134

Commercial For Sale
$985,000

BTC: 11.03715656

ETH: 492.50000000

New
0 room(s)
Est. Estimated sales range: $0 - $0
$0

Overview

Rare opportunity to acquire a premier 1,300 sf professional suite in the commercial corridor of Coral Gables . one block from Miracle Mile and steps from The plaza Coral Gables. this asset is designed for investors seeking stability and high demand features. This unit is "over-parked", featuring three assigned parking spaces city's strict requirements, providing a massive logistical advantage in this sub market. Furthermore, the building offers a competitive advantage that is nearly non existent in the area. COMPLIMENTARY VISITOR PARKING, ensuring a seamless and professional experience for clients and guests. Two Entrances, one in office lobby and on side office. For rent also. 2026 no assesments Investment highlights: *Location: The Corporate Hear of Coral Gables" Steps from Miracle Mile and Merrick Park) *Financials:6.25% CAP Rate with stabilized income until early 2027 *Parking Alpha: 3 Surplus Assigned spaces PLUS Building-wide Free Visitor Parking *Amenities Exclusive pool and Fitness Center access to Owners *Size 1311 sq ft. *Office rent 2026 $4,804.14 monthly *Excess parking income 3 X $120.00 *Rent increase 5% annually starting 2027 *NOI (2026): $36,143 Projected NOI 2030 $43,948 *Cap Rate estimated 6.25% Currently yielding a 6.25% CAP RATE, the property is stabilized with a reliable tenant in place through early 2026. Investment highlights: Location: The "Corporate Heart" of Coral Gables, Steps from Miracle Mile and Merrick Park

Location

Facts and features

Type:
Commercial Sale
Parking:
Assigned
Year Built:
2005
Lot:
1311 Square Feet
Heating:
Central Individual A/C
Price/sqft:
No Data
Cooling:
Central Individual A/C
HOA:
$1,337
All facts and features
  • Flooring

    • Wood

    Heating

    • Central Individual A/C

    Cooling

    • Central Individual A/C

  • Parking

    • Assigned

    Lot

    • Lot: 1311 Square Feet

    Other Property Information

    • Parcel Number: 03-41-08-099-1560

    • Zoning: 5000

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Office

  • Other financial information

    • HOA: $1,337

    • HOA Frequency: Monthly

    • Annual tax amount: $9,858

  • Source details

    • MLS ID: A11934703

    Other facts

    • Lot Features: Central Business District / Corner Unit

    • Window Features: Clear Impact Glass

    • 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 ©2025-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: Lee Maloff Realty Inc