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Property profile

348 Minorca Ave Coral Gables, FL 33134

OFF-MARKET
Office buildings
Property ID
US18-1965207
3,087 SF 0.06 ac lot Built 1947
Individually Owned 31-yr Hold Absentee Owner Free & Clear

Property summary

AI-generated overview

This exceptional Coral Gables office space, located at 348 Minorca Avenue, offers 1,680 square feet of versatile space ideal for a single tenant. The ground-floor location features a welcoming reception area, four private offices perfect for focused work or client meetings, a well-equipped kitchen, and ample storage. The property includes a one-car garage providing secure parking and additional storage. The building is a two-story structure, part of a single-building complex with a total of one suite. The zoning designation is 5004, and the Assessor's Parcel Number (APN) is 03-41-08-006-1540. This property is categorized as Traditional Office, Creative Office, and Medical Office space, making it suitable for a variety of professional uses. Its prime Coral Gables location offers easy access to major transportation routes and a wealth of nearby restaurants and amenities, providing both convenience and a prestigious address for your business. The property's single-tenant occupancy ensures privacy and control over the entire space. This is a rare opportunity to secure a well-appointed and conveniently located office space in the desirable Coral Gables area.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1947
Construction CONCRETE
Total area 3,087 SF
Lot 0.06 ac (2,800 SF)
Zoning code 6400:COMMERCIAL,CENTRAL
APN 03-4108-006-1540
UPID US18-1965207

Cap rate & NOI

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

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$900k
Blend (final) Blend
$685k

Owner & transaction history

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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