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$985,000
1 Day On Site

2030 S Douglas Rd 216
Coral Gables, FL 33134

For Sale|Condominium|Active
0
Beds
0
Total Baths
1,311
SqFt
$751
/SqFt
2005
Built
County:
Miami-Dade

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754-217-1402
2030 S Douglas Rd 2162030 S Douglas Rd 2162030 S Douglas Rd 2162030 S Douglas Rd 216
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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

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Listing Snapshot
Price 
$985,000
Days On Site 
1 Day
Bedrooms 
N/A
Inside Area (SqFt) 
1,311 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
1,311 Acres
Year Built 
2005
MLS® Number 
A11934703
Status 
Active
Property Tax 
$9,858
HOA/Condo/Coop Fees 
$1,337 monthly
Sq Ft Source 
N/A
Friends & Family
Recent Activity
yesterdayListing first seen on site
2 days agoListing updated with changes from the MLS®
General Features
Number Of Stories 
9
Parking 
Assigned
Parking Spaces 
5
Property Sub Type 
Condominium
Security 
Smoke Detector(s)Security GuardSecurity Lights
SqFt Total 
1311
Water Source 
Public
Zoning 
5000
Interior Features
Cooling 
Central Air
Flooring 
HardwoodWood
Heating 
Central
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Exterior Features
Road Frontage 
City Street
Community Features
Association Dues 
1337
Financing Terms Available 
CashConventional
HOA Fee Frequency 
Monthly
MLS Area 
41
Listing courtesy of Lee Maloff Realty Inc

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Neighborhood & Commute
Source: Walkscore
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