2(two) ASSIGNED COVERED PARKING SPACES and PRIVATE BATHROOM 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… Read More 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 parkingStrategic Core: One block from Miracle Mile , immediate proximity to the Plaza Coral GablesSize 1,057 sq ftNo Special assessments in 2026 Read Less
Courtesy of Elizabeth Maloff, Lee Maloff Realty Inc 305-444-6692
Listing Snapshot
Days Online
181
Last Updated
Property Type
Office
Square Ft.
1,057
Lot Size
0.02 Acres
Year Built
2005
MLS Number
A11934786
30 Days Snapshot Of 33134
$444k
0%
(avg) sold price
90
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road frontage type: "City Street"
Building
Built in 2005, Toal building area: 1057
Cooling
"Central Individual"
Floors
"Carpet"
Heating
"Electric"
Home Owner's Association
Association fee: $1,053, Association fee frequency: Monthly
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