$985,000

2030 S Douglas Rd 216, Coral Gables, FL 33134

1,311 sqft

Commercial Property
Built in 2005
1,307sqft lot
—— car garage
$751/sqft
Listed 1 day ago

Property Description

Rare opportunity to acquire a premier 1,300 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 and high demand features. This unit is "over-parked", featuring three 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, ensuring a seamless and professional experience for clients and guests. Two Entrances, one in office lobby and on side office. For rent also. 2026 no assesments 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 *Excess parking income 3 X $120.00 *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

Listing Status:: Active
Date Added:: December 23, 2025 at 06:00AM
Listing Office:: Lee Maloff Realty Inc : 305-444-6692
Listing Agent:: Elizabeth Maloff : 786-287-5743
MLS ID:: A11934703

Flooring: Wood
A/C: Central Individual A/C
Heating: Central Individual A/C

Parking: Assigned

Windows: Clear Impact Glass
General: 9

Road/Access: City Street
HOA Amenities: 1337.0Monthly
Originating MLS: Miami Association of REALTORS®
County: Miami-Dade County

Zoning: 5000THE MINORCA CONDO UNIT 216 UNDIV 0.71100% INT IN COMMON ELEMENTS OFF REC 23159-0834 COC 23305-4925 04 2005 103-41-08-099-1560
Current Use: Commercial Office

Water: Public

Source: Miami Association of REALTORS®

This listing courtesy of Elizabeth Maloff, Lee Maloff Realty Inc

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Location

Schools Nearby

Coral Gables Preparatory Academy

105 Minorca Ave, Coral Gables, FL, 33134

Grades PK-5

0.16 miles away

Somerset Gables Academy

624 Anastasia Ave, Coral Gables, FL, 33134

Grades KG-8

1.13 miles away

International Studies Charter High School

2480 SW 8th St, Miami, FL, 33135

Grades 9-12

1.41 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.