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    345 Malaga Ave Coral Gables, FL 33134

    For Sale
    $1,500,000

    Prime Coral Gables location, high-potential income.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional mixed-use property, located at 345 Malaga Ave in the prestigious Coral Gables Business District of Miami-Dade County, Florida, presents a unique investment opportunity. Built in 1959, this single-story, freestanding building offers 15,000 square feet of space and is zoned for a variety of professional and retail uses. Its strategic location provides unparalleled access to Central and South America, the Caribbean, and major transportation hubs. The property is just minutes away from Miami International Airport, PortMiami, Brickell, and Doral, ensuring excellent connectivity for businesses and clients alike. The asking price is $1,500,000. Ideal for a range of professional services, including law firms, architectural practices, accounting firms, advertising agencies, and insurance companies, the property also lends itself to various retail ventures. This is a rare chance to acquire a well-situated, versatile property in one of Florida's most desirable business districts. The property's single-story design and established location offer immediate potential for revenue generation and long-term appreciation. The 33134 zip code further enhances the property's desirability.

    Property Features for 345 Malaga Ave

    General Information

    Property type
    Mixed-use properties

    Building Details

    Year Built
    1959
    Buildings
    1
    Stories
    1

    HighLights

    • $1,500,000 asking price.
    • Mixed‑use property.
    • 1959 construction.
    • Single‑story building.
    • Located at 345 Malaga Ave, Coral Gables, FL 33134.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Food Market Clothing Store Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Coral Gables
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.2620914
    Latitude
    25.7441118

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    FAQs

    What type of property is this?
    Mixed-use property - Prime Coral Gables location, high-potential income.
    Where is this mixed-use property located?
    The property is located at 345 Malaga Ave Coral Gables, FL.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: $1,500,000 asking price.; Mixed-use property.; 1959 construction.
    Request Owner's contact information
    345 Malaga Ave Coral Gables, FL 33134
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    345 Malaga Ave Coral Gables, FL 33134
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