$698,000
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 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
The lines below are derived automatically from this listing’s own data and the area’s recorded deed transfers. They are not a personal opinion or investment advice.
How to read this comparison: the figure on the left is an asking price, while the one on the right is a closed sale median — the two are not the same thing, and the room to negotiate sits inside that gap. The median covers every property type and size in those ZIP codes; it carries no adjustment for a single listing’s floor, view, age or finishes. This box is not an appraisal.
Scope: ZIP codes 33134, 33146 · arm’s-length sales recorded by the Miami-Dade County Property Appraiser.
Estimated monthly loan payment based on this listing's price. Adjust the down payment, rate and term to match your own terms.
7.4% — Freddie Mac PMMS (FRED) current mortgage rates, 30-year fixed, conforming. Priced October 15, 2026.
Principal and interest only; property tax, insurance and HOA dues are NOT included. This is not a binding offer.
Lee Maloff Realty Inc
Listing data provided by the Southeast Florida MLS (MIAMI REALTORS®) IDX feed. Copyright Southeast Florida Multiple Listing Service © 2026. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited.
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