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$755,000
BTC
11.296
ETH
368.32
Year Built
2005
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
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