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Office Building with Impact Windows
New
For Sale
$7,900,000

4070 Laguna St, Coral Gables, FL 33146

SINGLE_FAMILY - Coral Gables, FL

Property Size9,700 SF
Lot Size0.23 Acres
Price / SF$814.43
Days on Market2

Property Features for 4070 Laguna St

General Information

Property type Residential
Property subtype Office
Zoning description 5004
Parking 18
Parking features Assigned, Covered, Guest
Subdivision 41
Standard status Active
APN 03-41-20-017-0100
Lot size 0.23 Acres

Taxes and HOA fees

Tax Description CORAL GABLES IND SEC PB 28-22 LOTS 9, 10, 11 & 12 BLK 1 LOT SIZE 10000 SQ FT M/L
Legal Description CORAL GABLES IND SEC PB 28-22 LOTS 9, 10, 11 & 12 BLK 1 LOT SIZE 10000 SQ FT M/L

Utilities

Cooling system Central Air

Amenities

open lobby
conference rooms
kitchen
private bathrooms
copy room
supply/storage room
newer roof
impact windows

Building Details

Year built 1971
Flooring type Carpet, Tile - Ceramic
Building materials Block
Listing Agency: Keller Williams Realty Premier Properties
Listed By: Daney Cabrera PA · License #3156705
Added: Jul 30 Last Checked: Jul 31 at 10:06PM
MLS# A12061832

Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Renovated professional office building with impact windows and an open lobby designed for day-to-day operations. Interior features include conference rooms, a kitchen, private bathrooms, a copy room, and a dedicated supply/storage room. The property also includes a newer roof, central air, and interior finishes with carpet and ceramic tile, supported by block construction. Parking is available on premises with 18 spaces, along with metered parking on street and garage parking just across the street.

Located at 4070 Laguna St in Coral Gables. The Douglas Road Metrorail Station is only a few minutes walk from the building, and the property is within walking distance of dining, nightlife, shopping, and lifestyle options associated with Merrick Park and downtown Coral Gables.

With its lobby entry, meeting spaces, and multiple back-of-house rooms, the building is positioned for office tenants seeking a renovated setup and convenient transit access.

Key Highlights

  • Renovated professional office building with 9,700 SF of office space
  • Impact windows plus a newer roof
  • Open lobby with conference rooms, kitchen, private bathrooms, and copy/supply storage

Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $442.3k $45.60
− Vacancy −$99.5k −$10.26
EGI $342.8k $35.34
− OpEx −$85.7k −$8.84
NOI $257.1k $26.51
9,700 SF · lease $45.60/SF/yr · vacancy 22.50% · expense 25.00%

Alternative Uses

Best Use
Office B
$3.67M
$3.21M – $4.28M (±1% cap)
NOI $257,099 @ 7.0% cap · market cap 3.25%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.92M
$4.31M – $5.74M (±1% cap)
NOI $344,485 @ 7.0% cap · market cap 4.36%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Garden Center Electrical Service Tattoo & Piercing Shop Locksmith Tanning Salon

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

Location Intelligence

Trade Area within ½ mile

2,723
Businesses Nearby

Demographics for 33146, FL

16,468
Population
6,788
Households
2.4
Avg Household Size
29
Median Age
75%
College-Educated
98%
High-School Grad
3.1 sq mi
ZIP Area
5,312
Density / Sq Mi
$124,712
Median Household Income
$41,105
Median Earnings
$2,774
Median Rent
$1,141,800
Median Home Value

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office building - Renovated office building with impact windows, central air, and 18 on-site parking spaces plus nearby garage parking.
Where is this office building located?
The property is located at 4070 Laguna St Coral Gables, FL.
What is the asking price?
The asking price for this property is $7,900,000.
What are key features of this property?
This property features: Renovated professional office building with 9,700 SF of office space; Impact windows plus a newer roof; Open lobby with conference rooms, kitchen, private bathrooms, and copy/supply storage
More about this property
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