2030 S Douglas Rd #216 Coral Gables, FL 33134
1,311 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 1,311 sqft
Price per Sqft $675
MLS Listing ID A11934703
HOA Fees $1,337/mo
HOA Y/N Yes
Year Built 2005
Annual Tax Amount $9,858
Tax Year 2025
Lot Size 1,311 Sqft
Property Sub-Type Office
Property Description
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
*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
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
Special Listing Condition Corporate Listing
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11934703
NEARBY SCHOOLS & PROPERTIES
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Henry S. West Laboratory School
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Coconut Grove Elementary School
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David Fairchild Elementary School
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Somerset Gables Academy
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Coral Gables Preparatory Academy
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George Washington Carver Elementary School
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Fairlawn Elementary School
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Mater Grove Academy
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Sylvania Heights Elementary School
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Henry M. Flagler Elementary School
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Lincoln-Marti Charter School Little Havana Campus
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Frances S. Tucker Elementary School
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Kinlock Park Elementary School
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Silver Bluff Elementary School
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Riverside Elementary School
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Citrus Grove Elementary School
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Kensington Park Elementary School
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George Washington Carver Middle School
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International Studies Charter Middle School
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Young Womens Preparatory Academy
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Mater East Academy Middle School
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Ponce De Leon Middle School
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Kinloch Park Middle School
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Shenandoah Middle School
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Citrus Grove Middle School
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Ransom Everglades School
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Director Middle School
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Sports Leadership and Management (Slam) Charter Mi
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Ramz Academy 6-8 Middle, Miami Campus
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Miami Bridge North
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International Studies Charter High School
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Coral Gables Senior High School
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Miami Senior High School
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Sports Leadership of Miami Charter High School
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Mater Academy East Charter High School
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Academy of Arts & Minds
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Immaculata-la Salle High School
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Charter High School of the Americas
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Green Springs High School Charter
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United Cerebral Palsy Transitional Learning
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