Jacqueline Downing
Price Reduced 10.15%
Price History
$985,000
12/23/2025
$885,000
1/26/2026
2030 S Douglas Rd, #216, Coral Gables, FL, 33134
2005
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 individual This unit is "over-parked", featuring two 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, clients and guests. Two Entrances, one in office lobby and on side office. For rent also. 2026 no 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
Status:
Active
Type:
Commercial
Zoning:
5000
Garage:
Assigned
Heating:
Central, Electric
Cooling:
Central Air
Parking:
2-car
Common Charge:
$1,153 Monthly
Est. Taxes:
$9,858
HOA Fee
$1,153
Days on Market:
131
MLS #:
A11934703
Community Info
School Info
Walk Score
Yelp
Listing courtesy of Lee Maloff Realty Inc 305-444-6692