Current Use by Public Records
- Office Spaces
Property Details for 2030 Douglas Rd
- Year built
- 2005
- Property type
- Office Spaces
- Property subtype
- Apartment buildings
Description
This exceptional nine-story apartment building, located at 2030 S Douglas Rd #216 in the desirable Coral Gables, Florida, presents a compelling investment opportunity. Built in 2005, this multifamily property boasts a prime location within Miami-Dade County, offering easy access to local amenities and transportation. The asking price is $1,240,000. The property is currently subject to lease, providing immediate income potential for the new owner. Classified as both office and multifamily, this versatile property offers a range of possibilities for investors seeking a strong return on investment in the thriving Coral Gables market. The building's nine stories suggest a substantial number of units, although the exact unit count is not specified. Its 33134 zip code further highlights its location within a highly sought-after area of South Florida. This property is an excellent choice for investors looking for a well-established, income-generating asset in a prime location. The building's 2005 construction date indicates a relatively newer structure, potentially minimizing immediate maintenance needs. Further due diligence is recommended to fully assess the property's potential and current occupancy rates. This is a rare opportunity to acquire a significant multifamily asset in a highly desirable area.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Coral Gables
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.2553
- Latitude
- 25.7537
