Rare opportunity to acquire a commercial building in the heart of downtown Coral Gables. Located at 333 Alcazar Avenue, this ±2,068 SF property offers exceptional flexibility for an owner-user, investor, or business seeking a premier downtown Coral Gables location.The building features an open floor plan with two restrooms and is essentially a blank canvas ready to be transformed to suit a wide variety of uses, including office, retail, showroom, gallery, medical, or restaurant concepts (subject to approvals and buildout requirements). The property also includes a rear outdoor area with potential for 2-3 parking spaces, outdoor seating, storage, or other ancillary uses. 40 Year Recertification just completed.Positioned just steps from Miracle Mile and surrounded by Coral Gables' vibrant mix of restaurants, retailers, offices, and residential developments, this property benefits from excellent visibility, walkability, and access to the area's affluent customer base. This is a unique chance to secure a standalone building in one of South Florida's most desirable commercial districts.
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Listing courtesy of Kerdyk Real Estate, Inc. 305-446-2586
333 Alcazar Avenue, Coral Gables, FL, 33134
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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