For Sale
$4,025,000

245 Alcazar AveCoral Gables, FL 33134

Prime Coral Gables location, fully remodeled office.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional single-tenant office building presents a unique investment opportunity in the heart of Coral Gables, Florida. The property, located at 245 Alcazar Ave, boasts 4,889 square feet of meticulously remodeled space, ensuring a modern and efficient workspace. Built in 1953, this Class B building has undergone a complete renovation, resulting in excellent condition. A recent 40-year recertification was completed in 2024, providing peace of mind for years to come. The building sits on a single story and offers convenient onsite parking for nine vehicles. Adding to its appeal is an adjacent 2,500 square foot lot, providing ample space for expansion or future development. The property's prime location offers easy access to a new City Municipal parking garage, providing additional parking options for tenants or visitors at a monthly rental rate. Currently operating at 100% occupancy, this freestanding building represents a stable and attractive investment with significant potential for future growth. The asking price is $4,025,000. This is a rare opportunity to acquire a fully renovated, well-located office building in one of Miami's most desirable areas. The property is situated in Miami-Dade County, Florida, with a zip code of 33134.

Property Details for 245 Alcazar Ave

Property type
Office properties
Square Feet
4,889 SF
Class
B
Year Built
1953
Buildings
1
Stories
1

Location Insight

City
Coral Gables
County
Miami-Dade
State
Florida
Latitude
25.7531677
Longitude
-80.259758
245 Alcazar Ave, Coral Gables, Florida

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245 Alcazar Ave
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