Prime Free-Standing Office Building for Sale in Coral Gables. Exceptional opportunity to acquire a well-maintained, 2-story free-standing office building in the heart of Coral Gables. Built in 1971 and meticulously cared for by the same owner for over 40 yea

117 MAJORCA AVE, Coral Gables

$2,100,000 USD
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Address117 MAJORCA AVE, Coral Gables
Type of PropertyOffice
Type of BusinessOffice Space
Property StyleCommercial Office
Price$2,100,000
Property StatusActive
MLS NumberA11875435
Property Size5050
Lot Size5050
Year Built1971
Parking Space Number6
Folio Number03-41-08-007-0600
Zoning Information5004
Days on Market32

Detailed Description: Prime Free-Standing Office Building for Sale in Coral Gables. Exceptional opportunity to acquire a well-maintained, 2-story free-standing office building in the heart of Coral Gables. Built in 1971 and meticulously cared for by the same owner for over 40 years, this 3,832 sq.ft building sits on a 5,050 sq.ft lot with Mixed-Use 2 (MX2) zoning, offering excellent flexibility for a variety of commercial uses. Recent capital improvements include a brand-new roof and updated electrical systems completed in 2024. Currently 75% tenant occupied with short-term leases, the property provides immediate income with the ability to reposition or occupy. Includes six marked on-site parking spaces in the rear. A rare investment or end-user opportunity in one of South Florida’s most desirable business districts.

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Address Information
StateFlorida
CityCoral Gables
CountyMiami-Dade County
Zip Code33134
Address117 MAJORCA AVE
Zip Code (4 Digits)4547
Financial Information
Price$2,100,000
Price per Foot$0
Folio Number03-41-08-007-0600
Tax Amount$31,872
Possession InformationFunding
Full Descriptions
Detailed DescriptionPrime Free-Standing Office Building for Sale in Coral Gables. Exceptional opportunity to acquire a well-maintained, 2-story free-standing office building in the heart of Coral Gables. Built in 1971 and meticulously cared for by the same owner for over 40 years, this 3,832 sq.ft building sits on a 5,050 sq.ft lot with Mixed-Use 2 (MX2) zoning, offering excellent flexibility for a variety of commercial uses. Recent capital improvements include a brand-new roof and updated electrical systems completed in 2024. Currently 75% tenant occupied with short-term leases, the property provides immediate income with the ability to reposition or occupy. Includes six marked on-site parking spaces in the rear. A rare investment or end-user opportunity in one of South Florida’s most desirable business districts.
Parking DescriptionOn Street
Property parameters
Living Area5050
Lot Size5050
Total Acreage0.000
Zoning Information5004
Maximum Leasable Size5050
Year Built1971
Type of PropertyOffice
Type of BusinessOffice Space
StyleCommercial Office
Construction TypeConcrete Block Construction
Stories Number2
Parking Space Number6
Listed withMontgomery & Koebel, Inc.