$698,000
Coral Gables, FL 33134
MLS# A11934786
1057 sqft
1 / 35
Property Description
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
Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2025-12-23
Status: Active
Original List Price: 870000
List Price: $698,000
Current Price: $698,000
Location and Legal
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
City Name: Coral Gables
Municipal Code: 3
Postal Code: 33134
Subdivision Number: 99
Flood Zone: X
Country: United States
Street Number: 2030
Street Direction Prefix: S
Street Name: Douglas
Street Suffix: Road
Unit Number: 109
State Or Province: FL
Postal Code +4: 4615
Area: 2410
Parcel Number: 0341080991290
Zoning: 5000
General Property Information
Occupant Type: Tenant
Lot Size Area: 1057
Stories Total: 1
Property Sub Type: Office
Building Area Main: 1057
Year Built: 2005
Parking Total: 2
Lot Size Acres: 0.02
Office/Member Information
DXORIGMLSID: SEF
Flooring
Carpet: 1
Parking Features
Assigned: 1
Covered: 1
Structure Type
Office: 1
Tenant Pays
Electricity: 1
Interior Electric: 1
Interior Maintenance: 1
Maintenance: 1
Telephone: 1
Location of Property
Central Business District: 1
Possession
Close Of Escrow: 1
Subject To Tenant Rights: 1
Special Information
Corporate Owned: 1
Utilities
Sewer Available: 1
Building and Property Details
# Of Offices: 4
# Of Toilets: 1
% Air Conditioned: 100
Heating
Electric: 1
Sale Includes
Building: 1
Fixtures: 1
Furniture: 1
Inventory: 1
Leases: 1
Listing Terms
Cash: 1
Conventional: 1
Road Frontage Type
City Street: 1
Security Features
Secured Garage/Parking: 1
Security Lights: 1
Smoke Detector(s): 1
Water Source
Public: 1
Cooling
Central Individual: 1
Showing Requirements
24 Hour Notice: 1
Appointment Only: 1
Call Listing Agent: 1
Price Calculations
Current Price To SqFt: 660.35
Section Details
Parcel Number MLX: 1290
Financial Information
Association Fee: 1053
Association Fee Frequency: Monthly
Tax Annual Amount: 7918
Tax Year: 2025
Tax Legal Description: THE MINORCA CONDO UNIT 109 UNDIV 0.57324% INT IN COMMON ELEMENTS OFF REC 23159-0834 COC 23305-4989 04 2005 1
Status Change Information
Major Change Timestamp: 2026-06-19T15:35:54Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-06-19T15:35:54Z
Status Change Date: 2025-12-23
Originating Details
Originating System Key: 424603159
Originating System ID: M00000151
Property Features
Flooring: Carpet
Heating: Electric
Location of Property: Central Business District
Parking Features: Assigned; Covered
Possession: Close Of Escrow; Subject To Tenant Rights
Sale Includes: Building; Fixtures; Furniture; Inventory; Leases
Tenant Pays: Electricity; Interior Electric; Interior Maintenance; Maintenance; Telephone
Cooling: Central Individual
Listing Terms: Cash; Conventional
Road Frontage Type: City Street
Security Features: Secured Garage/Parking; Security Lights; Smoke Detector(s)
Special Information: Corporate Owned
Structure Type: Office
Utilities: Sewer Available
Water Source: Public
Showing Requirements: 24 Hour Notice; Appointment Only; Call Listing Agent
Listing Office: Lee Maloff Realty Inc
Last Updated: August - 02 - 2026
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