Commercial Real Estate Property For Sale In Coral Gables

255 University Dr Coral Gables, FL 33134
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$8,495,000

  • 1958 Year Built
  • Feb 24, 2022 Listing Date

MLS #

:

A11145139

Price

:

$8,495,000

Status

:

Active

Listing Date

:

Feb 24, 2022

Square Footage

:

Not Available

County

:

Miami-Dade

Square Footage

:

Not Available

Year Built

:

1958

Taxes

:

$54,200 Per Year

Waterfront

:

No

Virtual Tour

:

click here to view virtual tour

 

Remarks

:

255 University Drive is one block from the largest development in Coral Gables, The Plaza, a $660M dollar project, including a 5-Star Hotel, Condo Towers, Offices, Restaurants and Retail. 255 University Drive is completely modernized and it's close proximity to this site makes the location extremely desirable. This class B office building is approved for medical use. The first floor is fully leased to a Medical Center with a Triple Net lease with 5 years remaining on their lease and a five year renewal option. The Second floor is fully leased to another medical center for 3 years with a Triple Net Lease. The first floor consist of 5,287 Sq. Ft. and the second floor 5,180 Sq. Ft. The building has 17 private parking spaces, 34 municipal spaces and has just passed the 40 year certification.

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