4070 Laguna StCoral Gables, FL 33146

Property Details for 4070 Laguna St

Year built

1971

Construction

CONCRETE

Lot size

0.23 AC

Property size (Sq ft)

9,700 SF

Zone code

7100:INDUSTRIAL,LIGHT MFG

Property type

Office properties

Property subtype

Office buildings

APN

03-4120-017-0100

APU

341200170100

Description

This exceptional Coral Gables office building, located at 4070 Laguna Street, offers 9,490 square feet of beautifully renovated space. The single-tenant property boasts a tastefully updated interior, including an open lobby, multiple conference rooms, a well-equipped kitchen, private bathrooms, a dedicated copy room, and ample storage. The building features a newer roof and impact windows, providing both aesthetic appeal and enhanced security. On-site parking accommodates 11 vehicles, supplemented by readily available metered street parking and nearby garage options. The convenient location offers easy access to the Douglas Road Metrorail Station, just a short walk away. This property is ideally situated within walking distance of Merrick Park's upscale shopping, dining, and entertainment venues, as well as the vibrant downtown Coral Gables area. The zoning designation is 5004, and the APN is 03-41-20-017-0100. This presents a unique opportunity to acquire a well-maintained, highly desirable office building in a prime Coral Gables location. The property is zoned for office use and consists of a single suite within the building. The building's proximity to public transportation and high-end amenities makes it an attractive investment for businesses seeking a prestigious and convenient location. This is a single-tenant building with 4,745 square feet of office space.

• CAP approach

  CAP return

  Valuation

  6%

  $7,233,216

  6.5%

  $6,676,816

  7%

  $6,199,900

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,260,875

  Geo Method

  $3,260,875

• Alternative Use

  Use

  Valuation

  Residential

  $8,279,251

  Hospitality

  $7,583,750

  Educational

  $6,309,590

  Medical

  $6,526,587

  Retail

  $9,814,919

Location Insight

City

Coral Gables

County

Miami-dade

State

Florida

Latitude

25.734

Longitude

-80.2614

CBSA code

33100

CBSA name

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

Property Tax & Assessments

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