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The Minorca Unit #109

Listed as Active
Price: $698,000 19.8% price drop
HOA fee: $1,053
Bedrooms / baths 0 bed, 0 full / 0 half bath
Address: 2030 Douglas Rd # 109
Area: Coral Gables
Year built: 2005
MLS # A11934786

The Minorca listing description

2(two) ASSIGNED COVERED PARKING SPACES and PRIVATE BATHROOM High yield Boutique office Strategically located in the epicenter of Coral Gables business district, this 1057 Boutique office suite offers

2(two) ASSIGNED COVERED PARKING SPACES and PRIVATE BATHROOM High yield Boutique office Strategically located in the epicenter of Coral Gables business district, this 1057 Boutique office suite offers an unmatched investment profile. Yield a 6.25% VAP (Yield ) the property features a secure lease through Q2 2027, making it an ideal vehicle for a 1031 exchange Buyers or conservative investors. This property has the beauty of being on Douglas Road, direct access from the avenue. Finance information provided by Owner. This property solves the #1 challenge in Coral Gables: Parking. This unit includes two surplus assigned COVERED parking spaces beyond legal requirements, a high-value asset in South Florida climate. Additionally the building offers free visitors parking, If Buyer want to purchase additional parking spaces at $30,000 each. Set between the luxury of Merrick Park and the vibrancy of Miracle Mile, this suite offers a resort-style work environment with Owners full access to a private gym and swimming pool. Investment Highlight: Yield :6.25%VAP. Lease term: Secured through 02/27 Indiviual AC . plus free visitors parking Strategic Core: One block from Miracle Mile , immediate proximity to the Plaza Coral Gables Size 1,057 sq ft No Special assessments in 2026

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Copyright © 2026 Miami Association of REALTORS®. Listing provided courtesy of Lee Maloff Realty Inc — Information updated on 06/19/2026. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.