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2030 S Douglas Rd, Unit 216

Coral Gables, FL

Listing Details

  • $885,000
  • MLS# A11934703
  • Type Commercial - Office
  • Status Active
  • 0.030 acres
    Lot Size
  • 2005
    Year Built

Description

Rare opportunity to acquire a premier 1,311 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. Air conditioned individualThis unit is over-parked, featuring two assigned parking spaces citys 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, clients and guests. Two Entrances, one in office lobby and on side office. For rent also. 2026 no... Read more assesments Purchase additional parking spaces at $30,000 each 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*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

Key Features

No amenity information available.

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2030 S Douglas Rd 216
Coral Gables, FL 33134
County
Miami-Dade

Contact the Agent

Luxury Homes Specialist
Contact the Listing Agent
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All Property Features

  • Property Type: Commercial - Office
  • Building Features: Elevator, Exercise Room, Exterior Lighting, Occupational Licenses, Pool, Private Restrooms, Separate Office Area, Trash Chute
  • Cooling: Central Individual A/C
  • Crops Included Y/N: No
  • Days on Site: 131
  • Flooring: Ceramic Floor, Wood
  • Heating: Central Electric
  • HOA Fee: 1153/ Monthly
  • Home Warranty Y/N: No
  • Lease Considered Y/N: No
  • Listing Terms: All Cash, Conventional/Refinance
  • Lot Description: Central Business District, Corner Unit
  • Lot Size: 0.03 Acres
  • Parcel#: 03-41-08-099-1560
  • Parking: Assigned
  • Parking Notes: Assigned
  • Property Attached Y/N: No
  • Property Sub-Type: Office
  • Security: Smoke Detector(s), Security Guard, Security Lights
  • Stories: 9.0
  • Taxes: $9,858
  • Water: Public
  • Window: Clear Impact Glass
  • Year Built: 2005