Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2030 Douglas Rd Ste, Unit 203 Coral Gables, FL 33134-4615
    Back to Search
    Property profile & analytics

    2030 Douglas Rd Ste, Unit 203, Coral Gables, FL 33134-4615

    View on Map
    • Office buildings
    • 1,287 SF
    Off-Market
    Last Sale Aug 25, 2024
    $630,000
    Property ID
    US18-5102011
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $585,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office buildings

    Property Details for 2030 Douglas Rd Ste

    Year built
    2005
    Zone code
    5000:HOTELS&MOTELS-GEN
    Property type
    Office buildings
    APN
    03-4108-099-1430
    APU
    341080991430

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Nov 25, 2024 $630,000 2030 Sdr Investment LLC Down South Holding LLC Warranty Deed —
    Mar 23, 2022 — Florida First Capital Finance Corp Perera Aleman P A Assignment Of Lease (leasehold Sale) —
    Jan 12, 2022 $605,000 Down South Holding LLC Garcia Garcia Associates Bldg LLC Warranty Deed $312k · South State Bank NA
    Sep 25, 2018 — Garcia Garcia Associates Bldg LLC — Deed · related $374k · Mercantil Bank NA
    Dec 5, 2017 $450,000 Garcia Garcia Assocs Bldg LLC Baques Investments INC Warranty Deed $308k · Baques Investments INC
    Apr 22, 2005 $308,000 Baques Investments INC Alhambra Grand Ptrs Holdings L Grant Deed —

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $655,000
      6.5%
      $605,000
      7%
      $565,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $475,000
      Market price range: $217k - $751k

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $440,000
      Current use
      AUTO REPAIR, GARAGE
      $840,000
      Change: +91% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $565,000
      Change: +28% Conversion: Easy
      MEDICAL BUILDING
      $565,000
      Change: +28% Conversion: Easy
      RETAIL STORES
      $550,000
      Change: +25% Conversion: Moderate
      WAREHOUSE, STORAGE
      $385,000
      Change: -13% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $365,000
      Change: -17% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Coral Gables
    County
    Miami-dade
    State
    Florida
    Longitude
    -80.2553
    Latitude
    25.7537
    CBSA code
    33100
    CBSA name
    MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $9,987
    $0.00
    $0.00
    $540,540
    -
    $0.00
    $0.00
    $540,540

    Comparable in this City

    • Value Estimation by Request

      814 Ponce De Leon Blvd Ste, Unit 209

      OFFICE BUILDING (MULTI-STORY)
      814 Ponce De Leon Blvd Ste, Coral Gables, FL 33134-3032
      View Details
    • Value Estimation by Request
      876 SF

      1600 Ponce De Leon Blvd Ste, Unit 1104

      OFFICE BUILDING (MULTI-STORY)
      1600 Ponce De Leon Blvd Ste, Coral Gables, FL 33134-4072
      View Details
    • Value Estimation by Request
      2,289 SF

      2100 Ponce De Leon Blvd Ste, Unit 1201

      OFFICE BUILDING (MULTI-STORY)
      2100 Ponce De Leon Blvd Ste, Coral Gables, FL 33134-5201
      View Details
    • Value Estimation
      $620,000
      2,025 SF

      35 Almeria Ave

      OFFICE BUILDING
      35 Almeria Ave, Coral Gables, FL 33134-6118
      View Details
    • Value Estimation
      $530,000
      1,600 SF

      124 Almeria Ave

      PROFESSIONAL BUILDING
      124 Almeria Ave, Coral Gables, FL 33134-6009
      View Details
    • Value Estimation
      $1,310,000
      5,537 SF

      353 Alcazar Ave

      OFFICE BUILDING
      353 Alcazar Ave, Coral Gables, FL 33134-4313
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2,644 SF

      Renovated Commercial Building in Coral Gables

      Fully renovated commercial building in the heart of Coral Gables.
      45 Valencia Ave, Coral Gables, FL 33134
      View Details
    • $4,200,000

      Boutique Coral Gables Commercial Building

      Two-story, 5,000 SF commercial building in the heart of Coral Gables.
      355 Palermo Ave, Coral Gables, FL 33134
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      39,996 SF

      Coral Gables Office Space

      Office building with 39,996 square feet available for rent.
      355 Alhambra Cir, Coral Gables, FL 33134
      View Details
    • Contact for pricing
      16,518 SF

      Coral Gables Office Space

      Office building in Coral Gables, 16,518 square feet available for rent.
      800 South Douglas Rd, Coral Gables, FL 33134
      View Details
    • Contact for pricing
      9,960 SF

      Class A Office Space Available

      Modern Coral Gables office building with renovated spaces for rent.
      999 Ponce De Leon Blvd, Coral Gables, FL 33134
      View Details
    • Contact for pricing

      Office Space in Coral Gables

      Office space available for rent in Coral Gables, Florida.
      355 Alhambra Cir, Coral Gables, FL 33134
      View Details
    • Contact for pricing
      39,996 SF

      Coral Gables Office Space

      Office building with 39996 square feet available for rent.
      355 Alhambra Cir, Coral Gables, FL 33134
      View Details
    • Contact for pricing
      1,707 SF

      Move-in Ready Office Space

      Charming office space with modern architecture and tenant amenities.
      2121 Ponce De Leon Blvd, Coral Gables, FL 33134
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2030 Douglas Rd Ste, Unit 203
    Coral Gables, FL 33134-4615
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2030 Douglas Rd Ste, Coral Gables, FL, 33134
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!