800 Douglas RdCoral Gables, FL 33134

Property Details for 800 Douglas Rd

Year built

1924

Construction

CONCRETE

Lot size

6.20 AC

Property size (Sq ft)

62,041 SF

Zone code

6100:COMMERCIAL,NEIGHBRHD

Property type

Office properties

Property subtype

Office buildings

APN

03-4108-040-0020

APU

341080400020

Description

This exceptional opportunity presents multiple second-generation restaurant and retail spaces, ideally situated on the ground floor of a prestigious 475,000 square foot office complex in Coral Gables, Florida. Located at 800 Douglas Road, zip code 33134, this property benefits from its prime location within the vibrant Miami-Dade County area. The spaces are part of Douglas Entrance, a unique campus-style office park comprised of five buildings, including three contemporary Class A buildings totaling approximately 428,000 rentable square feet and one historic building offering an additional 47,000 rentable square feet. The complex boasts a stunning central plaza featuring a grand fountain, interconnected covered loggias, and meticulously landscaped grounds, creating a truly one-of-a-kind business environment within the urban core of Coral Gables. On-site amenities include 24/7 security, a gourmet deli, a restaurant, a fitness center, conference facilities, and a historic 500-person ballroom, providing tenants and their employees with unparalleled convenience and comfort. These versatile spaces are perfect for a variety of retail and restaurant concepts, offering high visibility and access to a thriving professional community. The property's location in Coral Gables ensures high foot traffic and a strong customer base.

• CAP approach

  CAP return

  Valuation

  6%

  $53,565,164

  6.5%

  $49,444,768

  7%

  $45,913,000

• Comparable approach

  Method

  Valuation

  Relative Method

  $23,753,018

  Geo Method

  $23,753,018

• Alternative Use

  Use

  Valuation

  Residential

  $61,311,512

  Hospitality

  $56,161,016

  Educational

  $46,725,304

  Medical

  $48,332,260

  Retail

  $72,683,808

Location Insight

City

Coral Gables

County

Miami-dade

State

Florida

Latitude

25.7639

Longitude

-80.2563

CBSA code

33100

CBSA name

MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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