$885,000
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2030 S Douglas Rd #216 Coral Gables, FL 33134
1,311 SqFt
Key Details
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
Square Footage 1,311 sqft
Price per Sqft $590
MLS Listing ID A11934703
Sold Date 06/09/26
HOA Fees $1,153/mo
HOA Y/N Yes
Year Built 2005
Annual Tax Amount $9,858
Tax Year 2025
Contingent No Contingencies
Lot Size 1,311 Sqft
Property Sub-Type Office
Property Description
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
Location
State FL
County Miami-dade
Area 41
Interior
Heating Central, Electric
Cooling Central Air
Flooring Ceramic Tile, Hardwood, Wood
Window Features Impact Glass
Exterior
Total Parking Spaces 2
Private Pool Yes
Building
Story 9
Water Public
Others
HOA Name Building
Tax ID 03-41-08-099-1560
Security Features Smoke Detector(s),Security Guard,Security Lights
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
Special Listing Condition Corporate Listing
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Bought with Lee Maloff Realty Inc