2030 S Douglas Rd #216, Coral Gables, FL 33134
2030 S Douglas Rd #216, Coral Gables, FL 33134
2030 S Douglas Rd #216, Coral Gables, FL 33134
2030 S Douglas Rd #216, Coral Gables, FL 33134
2030 S Douglas Rd #216, Coral Gables, FL 33134
2030 S Douglas Rd #216, Coral Gables, FL 33134
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$885,000

Est.Price: ?

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Est. payment /mo

1,311 SqFt


SOLD DATE : 06/09/2026

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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Renyel Rivero & Severiano Fernandez

Renyel Rivero & Severiano Fernandez

+1(305) 305-4663

Our team is ready to help you sell your home for the highest possible price ASAP


Miami Association of Realtors (SEFMIAMI MLS)
Listed by Lee Maloff Realty Inc
Bought with Lee Maloff Realty Inc

Nearby Locations

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Renyel Rivero & Severiano Fernandez
Renyel Rivero & Severiano Fernandez

Real Estate Consultants

+1(305) 305-4663

13818 SW 152 Street # 356, Miami, FL, 33177

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