This exceptional 4,300-square-foot office space is located at 338 Minorca Avenue in the heart of Coral Gables, Florida, zip code 33134. The property is a single-tenant, two-story building with a total of one suite. The building features a desirable frontage and offers convenient covered parking with two assigned spaces. The zoning classification is 5004. The property's APN is 03-41-08-006-1552. The interior layout includes three private offices and a spacious work area on the second floor. Utilities are included, encompassing water and electricity, along with the benefit of weekly cleaning services. A furnished waiting area is already in place, adding immediate functionality and convenience. This turnkey solution provides a comfortable and efficient workspace in a highly sought-after Coral Gables location. This is a fantastic opportunity for a business seeking a prestigious and well-appointed office space.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$3,719,436
6.5%
$3,433,326
7%
$3,188,088
Comparable approach
Method
Valuation
Relative Method
$1,678,521
Geo Method
$1,678,521
Alternative Use
Use
Valuation
Residential
$4,257,324
Hospitality
$3,899,686
Educational
$3,244,492
Medical
$3,356,076
Retail
$5,046,988
Location Insight
City
Coral Gables
County
Miami-dade
State
Florida
Latitude
25.7534
Longitude
-80.2616
CBSA code
33100
CBSA name
MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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