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Property profile & analytics
OFF-MARKET
Office Spaces

230 42Nd Ave Miami, FL 33134

Built 1939
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office Spaces
Year built 1939
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Connect One Financial Llc Financial Advisor
  • Thermador Appliance Repair Group Home Appliance Store
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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