UPDATED:
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 1,057 sqft
Price per Sqft $823
MLS Listing ID A11934786
HOA Fees $860/mo
HOA Y/N Yes
Year Built 2005
Annual Tax Amount $7,918
Tax Year 2025
Lot Size 1,057 Sqft
Property Sub-Type Office
Property Description
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, a premium feature that significantly increases tenant retention and property value in this high density area.
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
Parking 4 assigned covered
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 2026
Location
State FL
County Miami-dade
Area 41
Interior
Heating Central, Electric
Cooling Central Air
Flooring Carpet
Window Features Impact Glass
Exterior
Total Parking Spaces 4
Private Pool Yes
Building
Story 9
Sewer Other
Water Public
Others
HOA Name Minorca
Tax ID 03-41-08-099-1290
Security Features Smoke Detector(s),Security Lights
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Corporate Listing
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Dennis Cordero, PA
Real Estate Advisor | License ID: 3074725
Real Estate Advisor License ID: 3074725