230 42Nd Ave Miami, FL 33134
This exceptional commercial office property, located at 230 SW 42nd Ave in Miami, Florida, presents a unique investment opportunity. Built in 1939, this single-story building offers 2,350 square feet of versatile office space, ideally situated on a corner lot directly on Le Jeune Road in Coral Gables. The asking price is $2,350,000. The property features a modernized interior with vaulted ceilings, six individual offices, and two oversized conference rooms, providing ample space for a variety of business needs. On-site parking is a significant advantage, with a dedicated lot accommodating sixteen vehicles. Security is enhanced by a comprehensive ADT system, including both interior and exterior cameras. Recent upgrades include newly installed flooring throughout. Le Jeune Road, a major artery with over 40,000 vehicles passing daily, ensures high visibility and accessibility. The property's strategic location offers easy access to major roadways, including US-1, the Dolphin Expressway, and I-95, making it an attractive option for businesses and employees alike. Currently vacant, this property is ready for immediate occupancy, making it perfect for an end-user or investor seeking a prime Coral Gables location. The expansive, open layout allows for flexible configurations to suit diverse business requirements. The zip code is 33134.
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Connect One Financial Llc Financial Advisor
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Thermador Appliance Repair Group Home Appliance Store
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.