About This Property

2(two) ASSIGNED COVERED PARKING SPACES and PRIVATE BATHROOM Can be used as medical office. 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 parkingStrategic Core: One block from Miracle Mile , immediate proximity to the Plaza Coral GablesSize 1,057 sq ftNo Special assessments in 2026

Key Features

• 1,057 sq ft Lot
• Built in 2005

Property Details

• Type: Single Family Home
• Year Built: 2005
• Lot Size: 1,057 sq ft
• HOA: Contact Agent
• Bedrooms: 0
• Bathrooms: 0
• Feature: 1,057 sq ft Lot
• Feature: Built in 2005
• Status: Active
• MLS Number: 1149817032
• Days on Market: 315
• Listed By: Lee Maloff Realty Inc · Elizabeth Maloff
• Zip Code: 33134