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Boutique Office Suite with Parking
For Sale
$698,000

2030 S Douglas Rd # 109, Coral Gables, FL 33134

Boutique office suite with a private bathroom and two assigned covered parking spaces.

Property Size1,057 SF
Price / SF$660.36
Days on Market304

Property Features for 2030 S Douglas Rd # 109

General Information

Standard status Active
Size 1,057 SF
Total Parking Spaces 2
Property subtype Office

Site & Location

Neighborhood Downtown Coral Gables
Road Access Yes

Additional Details

Cap Rate 6.25%
Office Units 1

Taxes and HOA fees

Annual Taxes $7,918

Building Details

Building Size 1,057 SF
Year Built 2005
Listing Agency: Lee Maloff Realty Inc
Listed By: Elizabeth Maloff · License #0396216
Source: Marcelosteinmander
Added: Dec 23, 2025 Changed: Oct 17 Last Checked: Oct 21 at 4:36AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lee Maloff Realty Inc

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Investment Insights

Based on property information with market context.

This boutique office suite includes a private bathroom and individual air conditioning. The offering also includes two assigned covered parking spaces.

The suite is located at 2030 S Douglas Road, Unit 109, in Coral Gables. The building provides free visitor parking, and additional parking spaces may be available for purchase as noted by the owner.

The lease is stated as secured through 02/27, and the suite is described as 1,057 sq. ft. No special assessments in 2026 are noted in the provided information.

Key Highlights

  • 1,057 sq ft boutique office suite with a private bathroom.
  • Two assigned covered parking spaces included, plus security lighting and city road access.
  • Individual A/C and central air with electric cooling; heating noted as “3”.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$28,016
Cap Rate
4.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$560,320 $560.3K
Cap Rate 7%
$400,229 $400.2K
Cap Rate 9%
$311,289 $311.3K
Market Conditions
NOI Build-Up for 1,057 SF
Gross rent
$48.2K $45.60/SF
− Vacancy
−$10.8K −$10.26/SF
EGI
$37.4K $35.34/SF
− OpEx
−$9.3K −$8.84/SF
NOI
$28.0K $26.51/SF
Area
Miami-Dade County, FL
Vacancy
22.50%
Lease Rate
$45.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$560,320
Cap Rate 7%
$400,229
Cap Rate 9%
$311,289

Alternative Uses

Best Use
Office B
$400.2K
$350.2K – $466.9K (±1% cap)
NOI $28,016 @ 7.0% cap · market cap 4.01%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$536.3K
$469.2K – $625.6K (±1% cap)
NOI $37,538 @ 7.0% cap · market cap 5.38%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Office Units

Suggested Use

Top Pick Grocery & Convenience Store (Bike/Boat/Book/etc) Store Restaurant Electrical Service Pet Store Pet Store & Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Office units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

8,856
Businesses Nearby

Demographics for 33134, FL

38,739
Population
18,136
Households
2.1
Avg Household Size
46
Median Age
54%
College-Educated
91%
High-School Grad
5.2 sq mi
ZIP Area
7,450
Density / Sq Mi
$92,009
Median Household Income
$56,392
Median Earnings
$1,818
Median Rent
$660,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Boutique office suite with a private bathroom and two assigned covered parking spaces.
Where is this office unit located?
The property is located at 2030 S Douglas Rd # 109 Coral Gables, FL.
What is the asking price?
The asking price for this property is $698,000.
What are key features of this property?
This property features: 1,057 sq ft boutique office suite with a private bathroom.; Two assigned covered parking spaces included, plus security lighting and city road access.; Individual A/C and central air with electric cooling; heating noted as “3”.
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