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    FOR SALE
    Office Units

    2030 S Douglas Rd Coral Gables, FL 33134

    Built 2005
    Property ID
    US18-Q026250
    2030 S Douglas Rd, Coral Gables, FL 33134 For Sale 1 / 35
    $698,000
    2030 S Douglas Rd, Coral Gables, FL 33134
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    AI-generated overview

    2(two) ASSIGNED COVERED PARKING SPACES and PRIVATE BATHROOM High yield Boutique office Strategically located in the epicenter of Coral Gables business district, this 1057 Boutique office suite offers an unmatched investment profile. Yield a 6.25% VAP (Yield ) the property features a secure lease through Q2 2027, making it an ideal vehicle for a 1031 exchange Buyers or conservative investors. This property has the beauty of being on Douglas Road, direct access from the avenue. Finance information provided by Owner. This property solves the #1 challenge in Coral Gables: Parking. This unit includes two surplus assigned COVERED parking spaces beyond legal requirements, a high-value asset in South Florida climate. Additionally the building offers free visitors parking, If Buyer want to purchase additional parking spaces at $30,000 each. Set between the luxury of Merrick Park and the vibrancy of Miracle Mile, this suite offers a resort-style work environment with Owners full access to a private gym and swimming pool. Investment Highlight: Yield :6.25%VAP. Lease term: Secured through 02/27 Indiviual AC . plus free visitors parking Strategic Core: One block from Miracle Mile , immediate proximity to the Plaza Coral Gables Size 1,057 sq ft No Special assessments in bikeScore: 59, Bikeable walkScore: 90, Walker's Paradise transitScore: 47, Some Transit

    Property profile
    Verified
    Property type Office Units
    Year built 2005
    UPID US18-Q026250
    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
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