Property Details
| Asking Price | $698,000 |
|---|---|
| Price per SqFt | — |
| Maintenance fee | $1,053 Monthly |
| Property Taxes | $7,918 2025 |
| Interior Space | — |
| Beds/Baths | —/— |
| Year Built | 2005 |
| MLS # | A11934786 |
Estimated Costs
An estimate of condo or HOA fees and property taxes
Fees and taxes based on MLS provided figures, and may not be accurate
From the listing
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 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
Listed by Lee Maloff Realty Inc
Sales History for This Home · The Minorca Unit 109
Sales history is unavailable for this property
Listed by Lee Maloff Realty Inc. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Coral Gables and throughout South Florida.
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Location
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