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
| MLS # | A11934786 |
|---|---|
| Listing Type | For Sale |
| Style | Office |
| HOA Dues | $1,053 |
| Sub-Type | Resale |
| Status | Active |
| Year | 2005 |
| Days On Site | 294 |
| Listing Provided By | Lee Maloff Realty Inc | Elizabeth Maloff |
| SQ Feet | 1,057 |
|---|---|
| Story(s) | 1 |
| Zoning | 5000 |
| Acreage | 0.02 |
| Lot Features | Central Business District |
|---|
| Parking Features | Assigned, Covered |
|---|
| Tax Annual Amount | 7918 |
|---|
| State | FL |
|---|---|
| County | Miami Dade |
| City | Coral Gables |
| Zip Code | 33134 |
| Area | 2410 |
| Listing VS Median (in 33134) | |
Price: $698,000 low | high Med: $12,500 sqft: 1,057 low | high Med: 2,534 $ / sqft: $660 low | high Med: $5 On site: 294 low | high Med: 87.5 | |
| State | FL |
|---|---|
| County | Miami Dade |
| City | Coral Gables |
| Zip Code | 33134 |
| Area | 2410 |
| Listing VS Median (in 33134) | |
Price: $698,000 low | high Med: $12,500 sqft: 1,057 low | high Med: 2,534 $ / sqft: $660 low | high Med: $5 On site: 294 low | high Med: 87.5 | |