Technical
Financial
Distress signals
Property profile

3707 SW 1St St Coral Gables, FL 33134

FOR LEASE
Retail residential properties
Property ID
US19-0529935
2,192 SF 0.14 ac lot Built 1926
Entity Owned 7-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional two-suite executive office building, located at 3707 SW 1st Street in Coral Gables, Florida, offers a total of 4,275 square feet of meticulously renovated space. Completely vacant and ready for immediate occupancy, the property boasts a flexible layout with suites ranging from a minimum of 1,197 square feet to a maximum contiguous space of 3,078 square feet. Ideal for a single tenant seeking a substantial presence or multiple businesses looking for smaller, efficient units, this property presents a unique opportunity. The building features a total of eight parking spaces, providing ample convenience for tenants and clients. Situated on a 5,940 square foot lot, the two-story building underwent a complete renovation in 2022, ensuring modern amenities and a high-quality finish. The property is zoned T6-8-0 within Miami-Dade County and offers a prime location in the desirable Coral Gables area, with the address being 3707 SW 1st St, Coral Gables, FL 33134. This is a rare opportunity to secure a well-maintained, versatile commercial space in a highly sought-after location. The property's modern design and convenient amenities make it an ideal choice for businesses seeking a prestigious and functional workspace.

Property profile

Verified
Property type Retail residential properties
Use group STORES & APARTMENTS
Year built 1926
Construction CONCRETE
Total area 2,192 SF
Lot 0.14 ac (5,940 SF)
Zoning code 6100:COMMERCIAL,NEIGHBRHD
APN 01-4105-037-0600
UPID US19-0529935

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Crisis Center Medical Clinic

Location

3707 SW 1St St Coral Gables, FL 33134
Coral Gables metro Census 5600 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$490k

Owner & transaction history

since 2018
5 recorded transactions
2022
Price N/A
2018
$431,250
2003
$300,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

6100:COMMERCIAL,NEIGHBRHD · 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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