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2030 Douglas Rd 109, Coral Gables, FL
Offering:
For Sale
Location:
Coral Gables, FL 33134
Status:
Active
$698,000
Deemed reliable but not guaranteed.
Details
Year built:
2005
Lot size:
1,057 sq ft
Stories:
9
Parking:
2 spaces
Days on market:
248
Association fee:
$1,053 / Monthly
Annual tax (2025):
$7,918
Type:
Condo
MLS ID
A11934786
Virtual tour:
Listed by:
Lee Maloff Realty Inc (CHAM01)
Listing office phone:
305-444-6692
Listing office email:
Listing agent:
Elizabeth Maloff (0396216)
Features
Utilities
Water source:
Public
Sewer:
Other
Description
2(two) ASSIGNED COVERED PARKING SPACES and PRIVATE BATHROOM High yield Boutique office Strategically located in the epicenter of Coral Gables business district, this 1057 Boutique office suite offers an unmatched investment profile. Yield a 6.25% VAP (Yield ) the property features a secure lease through Q2 2027, making it an ideal vehicle for a 1031 exchange Buyers or conservative investors. This property has the beauty of being on Douglas Road, direct access from the avenue. Finance information provided by Owner.
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, If Buyer want to purchase additional parking spaces at $30,000 each. 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 Indiviual AC .
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
Price history
$870,000 → $698,000
·
Reduced by
$172,000 (19.8%) · 5 price changes
Location
2030 S Douglas Rd 109Coral Gables, FL 33134
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MLS information
Last updated Aug 28, 2026
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
