2030 S Douglas Rd 216 Coral Gables, FL $ 985,000
2030 S Douglas Rd 216
$ 985,000
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2030 S Douglas Rd 216

Coral Gables, FL, 33134
$ 985,000
Bedrooms6 Baths-- Sq 1,311

Monthly Estimate*

$ 6,145

2030 S Douglas Rd 216, Coral Gables, FL 33134 - Image 1
2030 S Douglas Rd 216, Coral Gables, FL 33134 - Image 2
2030 S Douglas Rd 216, Coral Gables, FL 33134 - Image 3
2030 S Douglas Rd 216, Coral Gables, FL 33134 - Image 4
2030 S Douglas Rd 216, Coral Gables, FL 33134 - Image 5
2030 S Douglas Rd 216, Coral Gables, FL 33134 - Image 6
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Commercial Property for sale in Coral Gables, FL

for $985,000 with 6 bedrooms. This 1,311 square foot building was built in 2005.

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 and high demand features. 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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Commercial Active

Price

$ 985,000

Bedrooms

6

Property Type

Commercial

Taxes

$ 9,858

Style

Year Built

2005

Town/City

Coral Gables

County/Region

Miami-Dade

MLS | Web ID

A11934703

Features
General
Heating Central
Cooling Central Air
Possession Close Of Escrow Subject To Tenant Rights
HOA Fee 1337
Security Features Smoke Detector(s) Security Guard Security Lights
Year Built 2005
Tenant Pays Electricity HVAC Maintenance Minor Interior Maintenance Other Tax Telephone
Stories Count 9
Unit Number 216
Property Subtype Condominium
Tax Year 2025
Assoc Fee Paid Per Monthly
County Miami-Dade
Property Type Commercial Sale
Full Baths 0
Special Listing Conditions Corporate Listing
Status Active
City Coral Gables
Association Name Building
Zoning Description 5000
Number Of Units Total 6
MLS Area 41
Lot Size Units Square Feet
Lot Size Square Feet 1311
Listing Terms Cash Conventional
Tax Annual Amount 9858
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11934703
Standard Status Active
Occupancy Type Tenant
Property Sub Type Additional Condominium
Legal Description THE MINORCA CONDO UNIT 216 UNDIV 0.71100% INT IN COMMON ELEMENTS OFF REC 23159-0834 COC 23305-4925 04 2005 1
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Interior
Flooring Hardwood Wood
Air Conditioning Y/N true
Heating Y/N true
Window Features Impact Glass
Total Bedrooms 6
Total Baths 0
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Exterior
Parking Features Assigned
Water Source Public
Total Parking 5
Lot Size Area 1311
Building Area Total 1311
Waterfront Y/N false
Covered Spaces 0
Road Frontage Type City Street
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* Excluded Features
List By
Lee Maloff Realty Inc

Broker

leemaloff@gmail.com

Email

Affordability Calculator

$6,967
Per Month
88%
12%
0%
Monthly Principal & Interest
$6,145
Monthly Property Taxes
$822
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/23/2025$985,000 Listed Price

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2030 S Douglas Rd 216, Coral Gables, FL, 33134 is a Commercial Property for sale at $985,000 with 1,311 sqft. 2030 S Douglas Rd 216 has 6 bedroomsThe property's zip code is 33134 which is in Coral Gables, FL