Apt: 109
Coral Gables, FL 33134

Property

Ownership: For Sale
Type: Condo

Financials

Price:$755,000
Annual Taxes:$7,918
Common charges:$1,053
888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Listing Courtesy of Lee Maloff Realty Inc

High yield Boutique office Strategically located in the epicenter of Coral Gables business district, this 1057 Boutique office suite offers an unmatched investment profile.

Description

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

Amenities

  • ImpactGlass
  • SecurityLights
  • SmokeDetectors

Long Island MLS

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.