2030 S Douglas Rd
$985,000
2030 S Douglas Rd, Coral Gables, FL 33134
1,311 sqft
Building Size
1
Units
Details:
Highlights:
- Lot Features: Central Business District, Corner Unit
- Building Features: Elevator, Exercise Room, Exterior Lighting, Occupational Licenses, Pool, Private Restrooms, Separate Office Area, Trash Chute
- Cooling: Central Individual A/C
- Flooring: Wood
- Parking Features: Assigned
- Security Features: Smoke Detector(s), Security Guard, Security Lights
Description:
Rare opportunity to acquire a premier 1,300 sf professional suite in the commercial corridor of Coral Gables . one block from Miracle Mile and steps from The plaza Coral Gables. this asset is designed for investors seeking stability. Air conditioned individual
This unit is "over-parked", featuring three assigned parking spaces city's strict requirements, providing a massive logistical advantage in this sub market. Furthermore, the building offers a competitive advantage that is nearly non existent in the area. COMPLIMENTARY VISITOR PARKING, ensuring a seamless and professional experience for clients and guests. Two Entrances, one in office lobby and on side office. For rent also. 2026 no assesments
Investment highlights:
*Location: The Corporate Hear of Coral Gables" Steps from Miracle Mile and Merrick Park)
*Financials:6.25% CAP Rate with stabilized income until early 2027
*Parking Alpha: 3 Surplus Assigned spaces PLUS Building-wide Free Visitor Parking
*Amenities Exclusive pool and Fitness Center access to Owners
*Size 1311 sq ft.
*Office rent 2026 $4,804.14 monthly
*Excess parking income 3 X $120.00
*Rent increase 5% annually starting 2027
*NOI (2026): $36,143 Projected NOI 2030 $43,948
*Cap Rate estimated 6.25%
Currently yielding a 6.25% CAP RATE, the property is stabilized with a reliable tenant in place through early 2026.
Investment highlights:
Location: The "Corporate Heart" of Coral Gables, Steps from Miracle Mile and Merrick Park
Location
Gallery