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Property profile & analytics
OFF-MARKET Estimated value $1,485,000
Outlet malls

255 Minorca Ave Coral Gables, FL 33134-4405

1,350 SF 0.06 ac lot Built 1943
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US18-1524846
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.37M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.49M
Owner & transaction history
255 Minorca LLC · 1 yrs held
255 Minorca LLC
since 2025
Last sale
$1.6M
2 recorded transactions
2025
$1.6M
2000
$375,000
Zoning & alternative use
6400:COMMERCIAL,CENTRAL · Coral Gables, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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