2030 S Douglas Rd 120, Coral Gables, FL 33134 — MLS photo

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2030 S Douglas Rd 120, Coral Gables, FL 33134

Active · Condominium

$580,000

2030 S Douglas Rd 120, Coral Gables, FL 33134

Beds
—
Baths
0
Living area
— sq ft
$ / sq ft
—
Year built
2005
Lot size
—
HOA fee
$692 Monthly
Annual tax
$6,868

About this property

Beautiful open concept, high ceiling & 1 bathroom commercial unit on the ground floor of The Minorca Condominium, a mixed-use building, which combines modern comfort & elegance on an 8-floor Mediterranean building, built in 2005, located in the heart of Coral Gables, the renowned "City Beautiful" within steps of the famous Miracle Mile, known for its trendy shops, boutiques, fine restaurants, cafes, bistros, galleries, theatre & entertainment. It's made of 38 retail, cafe & Professional services on the first 2 floors & the top five floors & the top five floors have 120 residences including a fitness center, infinity pool, recreation room and guarded garage parking. 24/7 Concierge front desk. A 15-minute drive takes you to the Airport, Coconut Grove, S. Miami, Brickell, Downtown Miami & Village of Merrick Park.

Property location

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2030 S Douglas Rd 120, Coral Gables, FL 33134

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Facts & features

Interior

Bathrooms
0
Flooring
Tile
Cooling
Central Air
Heating
Central

Exterior & Structure

Property type
Condominium
Year built
2005
Lot size
0 sq ft
Roof
Concrete
Construction
Block
Exterior features
Security High Impact Doors

Parking

Covered spaces
0
Parking features
Covered, Garage, Guest

HOA, Community & Financials

Association fee
$692 Monthly
Security
Fire Sprinkler System, Smoke Detectors, Security Guard
Annual tax
$6,868
County
Miami-Dade
Days on market
27
MLS listing ID
A11932277
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$1,481

Cap rate
2.6%
Net yield
2.6%
Cash-on-cash return
-10.9%
Gross yield
6.6%
Mortgage payment
$2,749/mo
Down payment
$145,000
Loan amount
$435,000
Annual NOI
$15,220

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.