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Property profile

255 Minorca Ave Coral Gables, FL 33134

OFF-MARKET
Outlet malls
Property ID
US18-1524846
1,350 SF 0.06 ac lot Built 1943
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional mixed-use property, located at 255 Minorca Ave in Coral Gables, Florida, presents a unique investment opportunity. Built in 1943, this single-story building offers immense versatility, suitable for a wide range of commercial ventures. The asking price is $1,700,000. Imagine transforming this established space into your ideal business location – whether it's a retail outlet, office space, restaurant, or something entirely new. The property boasts six on-site parking spaces, complemented by the convenience of a newly constructed parking garage directly across the street and readily available metered parking. Situated in a highly desirable area of Coral Gables, this freestanding building offers unparalleled access to the city's vibrant atmosphere and affluent clientele. The current business occupant ensures a steady income stream while providing ample opportunity for future development and expansion. This is a rare chance to acquire a piece of Coral Gables history and shape its future. Showings are by appointment only. The property is located in Miami-Dade County, Florida, zip code 33134. The property's latitude and longitude coordinates are 25.7538143, -80.2599446 respectively.

Property profile

Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 1943
Construction CONCRETE
Total area 1,350 SF
Lot 0.06 ac (2,575 SF)
Zoning code 6400:COMMERCIAL,CENTRAL
APN 03-4108-006-1190
UPID US18-1524846

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

255 Minorca Ave Coral Gables, FL 33134-4405
Coral Gables metro Census 6206 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.37M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.47M

Owner & transaction history

since 2025
Last sale
$1.6M
2 recorded transactions
2025
$1.6M
2000
$375,000

Zoning & alternative use

6400:COMMERCIAL,CENTRAL · Coral Gables, FL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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