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
School Ratings & Info
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
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