301 Altara Ave CU-3G-3H-3I-3J, Coral Gables, FL 33146 — MLS photo

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301 Altara Ave CU-3G-3H-3I-3J, Coral Gables, FL 33146

Active · Retail

$1,300,000

301 Altara Ave CU-3G-3H-3I-3J, Coral Gables, FL 33146

Beds
—
Baths
0
Living area
— sq ft
$ / sq ft
—
Year built
2019
Lot size
1,044 sq ft
HOA fee
$1,070
Annual tax
—

About this property

Incredible opportunity at Merrick Manor, in the heart of Coral Gables. Ground-floor unit ready for immediate occupancy, featuring a reception area, waiting room, one bathroom, and a small kitchenette—ideal for commercial use or office space. Total of 1,044 sq ft (four combined units: CU-3G, CU-3H, CU-3I, CU-3J). Parking: Valet service available. Prime location: High visibility with strong pedestrian traffic. Enjoy the perfect balance of luxury living and business opportunity within a vibrant, fast-growing community of businesses and multinational corporations. Conveniently located near The Shops at Merrick Park and major intersections including Le Jeune Rd and Bird Rd. The building features 227 luxury residences and 20,000 sq ft of retail space, including a nail spa and fitness center. Don’t miss out!

Property location

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301 Altara Ave CU-3G-3H-3I-3J, Coral Gables, FL 33146

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Facts & features

Interior

Bathrooms
0

Exterior & Structure

Property type
Retail
Year built
2019
Lot size
1,044 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,070
County
Miami-Dade
MLS listing ID
A12013269
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

-$3,614

Cap rate
2.4%
Net yield
2.4%
Cash-on-cash return
-11.9%
Gross yield
6.6%
Mortgage payment
$6,163/mo
Down payment
$325,000
Loan amount
$975,000
Annual NOI
$30,580

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