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$698,000
Coral Gables, FL 33134
2(two) ASSIGNED COVERED PARKING SPACES and PRIVATE BATHROOM 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
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Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity Realty. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.
$698,000
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Listed by Elizabeth Maloff, Lee Maloff Realty Inc