Freestanding Automotive Service
For Sale
Contact for pricing
Pending
241 Almeria Ave, Coral Gables, FL 33134
Freestanding building with outdoor area and on-site parking, currently configured for automotive use and available July 2026.
Property Size2,350 SF
Days on Market259
Property Features for 241 Almeria Ave
General Information
Standard status
Pending
Size
2,350 SF
Property subtype
Retail
Site & Location
Neighborhood
Downtown Coral Gables
Taxes and HOA fees
Annual Taxes
$20,531
Building Details
Building Size
2,350 SF
Year Built
1955
Listing Agency:
Kerdyk Real Estate, Inc.
Listed By:
William III Kerdyk · License #3353507
(786) 355-4437
Source:
Casacollectiongroup
Added: Feb 11
Changed: Oct 26
Last Checked: Oct 26 at 11:30PM
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 Kerdyk Real Estate, Inc.
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Investment Insights
Based on property information with market context.
Located at 241 Almeria Ave in Coral Gables, this freestanding, one-of-a-kind building is currently configured for automotive use. The property includes outdoor area and on-site parking, supporting on-site operations and day-to-day access for customers and staff.
The building is positioned in Coral Gables’ Central Business District and is described as a very walkable area, with a 83 Walk Score and a 74 Bike Score (transit score 57). Space is available in July 2026, and the listing notes that the location can be secured now to begin advance planning and permitting.
With its standalone configuration and outdoor space, the building is presented as flexible for automotive services, boutique showroom, brewery or tasting room, and other service-oriented retail uses, subject to applicable approvals.
The building is positioned in Coral Gables’ Central Business District and is described as a very walkable area, with a 83 Walk Score and a 74 Bike Score (transit score 57). Space is available in July 2026, and the listing notes that the location can be secured now to begin advance planning and permitting.
With its standalone configuration and outdoor space, the building is presented as flexible for automotive services, boutique showroom, brewery or tasting room, and other service-oriented retail uses, subject to applicable approvals.
Key Highlights
- Freestanding standalone building totaling 2,350 SF, currently configured for automotive use
- Outdoor area plus on‑site parking included with the building
- Building available July 2026
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,370
Suggested Prices Based on Cap Rates
Cap Rate 5%
$507,400
$507.4K
Cap Rate 7%
$362,429
$362.4K
Cap Rate 9%
$281,889
$281.9K
Market Conditions
NOI Build-Up for 2,350 SF
Gross rent
$38.4K $16.32/SF
− Vacancy
−$2.1K −$0.90/SF
EGI
$36.2K $15.42/SF
− OpEx
−$10.9K −$4.63/SF
NOI
$25.4K $10.80/SF
Area
Miami-Dade County, FL
Vacancy
5.50%
Lease Rate
$16.32 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$507,400
Cap Rate 7%
$362,429
Cap Rate 9%
$281,889
Alternative Uses
Best Use
Retail
$567.7K
$496.7K – $662.3K
NOI $39,737 @ 7.0% cap · market cap 79,474.00%
Second Best
Industrial
$362.4K
$317.1K – $422.8K
NOI $25,370 @ 7.0% cap · market cap 50,740.00%
Theoretical Best
Office A
$1.19M
$1.04M – $1.39M
NOI $83,458 @ 7.0% cap · market cap 166,916.00%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
8,738
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Helmet Direct — 3622 sw 27th st, coral gables, fl 33133
- Miami Dade Window Tinting — 430 Valencia Ave #8, Coral Gables, FL 33134
- Mercedes-Benz of Coral Gables Body Shop — 300 Almeria Ave suite a, Coral Gables, FL 33134
- Mercedes-Benz of Coral Gables Service Center — 300 Almeria Ave suite a, Coral Gables, FL 33134
- Mercedes-Benz of Coral Gables Oil Change — 300 Almeria Ave suite b, Coral Gables, FL 33134
Frequently Asked Questions
What type of property is this?
Auto shop - Freestanding building with outdoor area and on-site parking, currently configured for automotive use and available July 2026.
Where is this auto shop located?
The property is located at 241 Almeria Ave Coral Gables, FL.
What are key features of this property?
This property features: Freestanding standalone building totaling 2,350 SF, currently configured for automotive use; Outdoor area plus on‑site parking included with the building; Building available July 2026
