2030 Douglas Rd Coral Gables, FL 33134
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.