2030 S Douglas Rd # 216, Coral Gables, FL 33134

Description of 2030 S Douglas Rd # 216, Coral Gables, FL 33134

Rare opportunity to acquire a premier 1,311 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 two 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, clients and guests. Two Entrances, one in office lobby and on side office. For rent also. 2026 no assesments Purchase additional parking spaces at $30,000 each 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 *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

Property Details for 2030 S Douglas Rd # 216, Coral Gables, FL 33134

Flooring

Ceramic Floor, Wood

Heating

Central Electric

Cooling

Central Individual A/C

Parking Features

Assigned

Pool Private

No

Building Information for 2030 S Douglas Rd # 216, Coral Gables, FL 33134

Building Area Total

1311

Building Area Units

Square Feet

Stories

9

Stories Total

9

Association

No

Association Fee

$1,153

Association Fee Frequency

Monthly

Security Features

Smoke Detector(s), Security Guard, Security Lights

Property Information for 2030 S Douglas Rd # 216, Coral Gables, FL 33134

Lot Features

Central Business District, Corner Unit

Lot Size Square Feet

1,311

Waterfront

No

View

No

Water Source

Public

New Construction

No

Public Records for 2030 S Douglas Rd # 216, Coral Gables, FL 33134

Parcel Number

03-41-08-099-1560

Tax Annual Amount

$9,858

Tax Year

2025

Tax Legal Description

THE MINORCA CONDO UNIT 216 UNDIV 0.71100% INT IN COMMON ELEMENTS OFF REC 23159-0834 COC 23305-4925 04 2005 1

Zoning

5000

County Or Parish

Miami-Dade County

Location