For Sale
$1,240,000

2030 Douglas RdCoral Gables, FL 33134

Nine-story apartment building, prime location.

Overview

Added:
Dec 11, 2024
Days on market:
113
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
2030 Douglas Rd, Coral Gables, Florida

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2030 Douglas Rd
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