For Sale
$1,240,000

2030 Douglas Rd Coral Gables, FL 33134

Nine-story apartment building, prime location.

Overview

Added:
Dec 11, 2024
Days on market:
134
This exceptional nine-story apartment building, located at 2030 S Douglas Rd #216 in the desirable Coral Gables, Florida, presents a compelling investment opportunity. Built in 2005, this multifamily property boasts a prime location within Miami-Dade County, offering easy access to local amenities and transportation. The asking price is $1,240,000. The property is currently subject to lease, providing immediate income potential for the new owner. Classified as both office and multifamily, this versatile property offers a range of possibilities for investors seeking a strong return on investment in the thriving Coral Gables market. The building's nine stories suggest a substantial number of units, although the exact unit count is not specified. Its 33134 zip code further highlights its location within a highly sought-after area of South Florida. This property is an excellent choice for investors looking for a well-established, income-generating asset in a prime location. The building's 2005 construction date indicates a relatively newer structure, potentially minimizing immediate maintenance needs. Further due diligence is recommended to fully assess the property's potential and current occupancy rates. This is a rare opportunity to acquire a significant multifamily asset in a highly desirable area.

Highlights

  • Nine-story multifamily building in desirable Coral Gables, FL.
  • Asking price: $1,240,000.
  • Built in 2005, offering immediate income potential from existing leases.
  • Located in the 33134 zip code, offering easy access to amenities and transportation.
  • Versatile property classified as both office and multifamily.

Property Details for 2030 Douglas Rd

Property type
Office properties, Apartment buildings
Year Built
2005
Stories
9

Location Insight

City
Coral Gables
County
Miami-Dade
State
Florida
Latitude
25.7536654
Longitude
-80.2552659

FAQs

What type of property is this?
Office property - Nine-story apartment building, prime location.
Where is the office property located?
The property is located at 2030 Douglas Rd Coral Gables, FL.
What is the asking price?
The asking price for this property is $1,240,000.
What are key features of this property?
This property features: Nine-story multifamily building in desirable Coral Gables, FL.; Asking price: $1,240,000.; Built in 2005, offering immediate income potential from existing leases.
How can I contact the broker?
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2030 Douglas Rd
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