337 Palermo Ave, Coral Gables, FL 33134 — MLS photo

Get More Info About This Property

337 Palermo Ave, Coral Gables, FL 33134

Active · Office

$3,100,000

337 Palermo Ave, Coral Gables, FL 33134

Beds
—
Baths
0
Living area
— sq ft
$ / sq ft
—
Year built
1953
Lot size
2,500 sq ft
HOA fee
—
Annual tax
—

About this property

Beautifully appointed architect's office in the heart of Coral Gables. Encompassing over 1,900 sf, this refined space features 5 private offices with the potential for 6th,complemented by high ceilings, custom built-ins, and exceptional natural flow. The layout includes a kitchen, 2 bathrooms, and equipment room offering both functionality and style. A rare opportunity to own a distinctive and elegant professional space in prime downtown location. Three parking spaces, plus the ability to lease three additional parking spaces from the City.

Property location

Get Directions

337 Palermo Ave, Coral Gables, FL 33134

Loading property location…

Facts & features

Interior

Bathrooms
0

Exterior & Structure

Property type
Office
Year built
1953
Lot size
2,500 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
Miami-Dade
MLS listing ID
A11993121
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

-$6,067

Cap rate
3.3%
Net yield
3.3%
Cash-on-cash return
-8.4%
Gross yield
6.6%
Mortgage payment
$14,696/mo
Down payment
$775,000
Loan amount
$2,325,000
Annual NOI
$103,540

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