Class A Office Building
For Sale
Contact for pricing
267 MINORCA AV 100, Coral Gables, FL 33134
Class A office building featuring a reception area, kitchen, conference room, and multiple private offices and bathrooms.
Property Size10,376 SF
Days on Market211
Property Features for 267 MINORCA AV 100
General Information
Standard status
Active
Size
10,376 SF
Property subtype
Commercial
Site & Location
Neighborhood
Downtown Coral Gables
Taxes and HOA fees
Annual Taxes
$29,759
Building Details
Building Size
10,376 SF
Year Built
2006
Stories
3
Listing Agency:
Village Realty of S. Florida
Listed By:
Robert Rodriguez · License #3160299
(786) 271-0919
Source:
Elliman
Added: Mar 29
Changed: Oct 16
Last Checked: Oct 24 at 7:38PM
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 Village Realty of S. Florida
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Investment Insights
Based on property information with market context.
This Class A office building is arranged with a reception area, a kitchen, and a conference room. The suite also includes two private bathrooms, two executive offices, and four smaller individual offices, providing a mix of team and private work settings.
Located at 267 Minorca Ave 100 in Coral Gables, the property is supported by strong walkability (Walk Score 97) and moderate bikeability (Bike Score 58). Transit access is noted as some transit (Transit Score 42).
The interior layout supports day-to-day office operations with dedicated workspaces and meeting space, along with convenient restroom access through the two private bathrooms.
Located at 267 Minorca Ave 100 in Coral Gables, the property is supported by strong walkability (Walk Score 97) and moderate bikeability (Bike Score 58). Transit access is noted as some transit (Transit Score 42).
The interior layout supports day-to-day office operations with dedicated workspaces and meeting space, along with convenient restroom access through the two private bathrooms.
Key Highlights
- Class A office building built in 2006
- Reception area plus kitchen and conference room
- Two private bathrooms and 2 executive offices
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$275,016
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,500,320
$5.5M
Cap Rate 7%
$3,928,800
$3.9M
Cap Rate 9%
$3,055,733
$3.1M
Market Conditions
NOI Build-Up for 10,376 SF
Gross rent
$473.1K $45.60/SF
− Vacancy
−$106.5K −$10.26/SF
EGI
$366.7K $35.34/SF
− OpEx
−$91.7K −$8.84/SF
NOI
$275.0K $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%
$5,500,320
Cap Rate 7%
$3,928,800
Cap Rate 9%
$3,055,733
Alternative Uses
Best Use
Office B
$3.93M
$3.44M – $4.58M
NOI $275,016 @ 7.0% cap · market cap 3,235.48%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.26M
$4.61M – $6.14M
NOI $368,493 @ 7.0% cap · market cap 4,335.21%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,529
Businesses Nearby
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
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Class A office building featuring a reception area, kitchen, conference room, and multiple private offices and bathrooms.
Where is this office building located?
The property is located at 267 MINORCA AV 100 Coral Gables, FL.
What are key features of this property?
This property features: Class A office building built in 2006; Reception area plus kitchen and conference room; Two private bathrooms and 2 executive offices
