Office in 2030 S Douglas Road 216, Coral Gables, FL 33134 with MLS# A11934703
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 individualThis 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
2030 S Douglas Road 216, Coral Gables, FL 33134
- Price:
- $885,000.00
- Original List Price:
- $985,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $590.38
- Close Price:
- $774,000.00
- Transaction closed on:
- June 9, 2026
- Special Licenses:
- Occupational
- Tenant Pays:
- Electricity, Hvac Maintenance, Taxes, Telephone, Maintenance, Interior Electric, Interior Maintenance, Sales Tax
- Listing Type:
- Sold
- Status:
- Closed
- Business Type:
- Professional Service
- Listing Category:
- Commercial Sale
- Property Type:
- Office
- Description of Last Important Update:
- Status Change
- Last Major Update on:
- June 9, 2026 4:00 am
- Other Special Conditions:
- Corporate Owned
- Built-Up Area:
- 1,311 Sqft
- Lot Size Acres:
- 0.03
- Security:
- Smoke Detector(s), Security Guard, Security Lights
- Air Conditioning
- Air Conditioning System:
- Central Individual
- Heating
- Heating System:
- Electric
- Building:
- Exterior Lighting, Private Restroom(s), Separate Office Area, Elevator(s), Pool, Fitness Center
- Year Built:
- 2005
- Number of Units Total:
- 1
- Flooring:
- Wood, Ceramic Tile
- Number of stories:
- 2
- Structure Type:
- Office
- Road Frontage Type:
- City Street
- Flood Zone Code:
- X
- Tax Annual Amount:
- $9,858.00
- Tax Year:
- 2025
- Association Fee:
- $1,153.00
- Association Fee Frequency:
- Monthly
- Parking Total Spaces:
- 2
- Parking Features:
- Assigned
- Water Source:
- Public
- Senior Community:
- No
- Listing Terms Considered by Seller:
- Cash, Conventional
- Buyer Possession:
- Subject To Tenant Rights, Close Of Escrow
- Tax Legal Description:
- THE MINORCA CONDO UNIT 216 UNDIV 0.71100% INT IN COMMON ELEMENTS OFF REC 23159-0834 COC 23305-4925 04 2005 1
- Real Estate Folio Number (Parcel Number):
- 0341080991560
- Zoning:
- 5000
- Active on the market since:
- December 23, 2025
- Listing Agreement executed on:
- December 23, 2025
- Purchase Contract Date:
- June 7, 2026
- Price change occurred on:
- January 26, 2026 8:01 pm
- Listing Status Last Changed On:
- June 9, 2026 4:00 am
- Photos updated on:
- June 9, 2026 10:56 pm
- Last Modified:
- June 9, 2026 10:57 pm
- Courtesy of:
- Lee Maloff Realty Inc
- Attribution:
- Not provided
- Street Name:
- Douglas
- Street Number:
- 2030
- Unit Number:
- 216
- City:
- Coral Gables
- State:
- Florida
- Zip Code:
- 33134
- County:
- Miami-Dade
- Latitude:
- N25° 45' 13.2''
- Longitude:
- W81° 44' 41.1''
- Street Suffix:
- Road
- Street Direction Prefix:
- S

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