35
117 Majorca Ave
$2,100,000 Sale
Listed 5 hours ago
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Key Facts
Key facts for 117 Majorca Ave
Property Type
Commercial, Detached
Parking
OnStreet 6 parking
MLS #
A11875435
Size
-
Basement
-
Listed on
-
Lot size
-
Tax
$31,872 /yr
Days on Market
-
Year Built
1971
Maintenance Fee
-
Description
Prime Free-Standing Office Building for Sale in Coral Gables. Exceptional opportunity to acquire a well-maintained, 2-story free-standing office building in the heart of Coral Gables. Built in 1971 and meticulously cared for by the same owner for over 40 years, this 3,832 SF building sits on a 5,050... SF lot with Mixed-Use 2 (MX2) zoning, offering excellent flexibility for a variety of commercial uses. Recent capital improvements include a brand-new roof and updated electrical systems completed in 2024. Currently 75% tenant occupied with short-term leases, the property provides immediate income with the ability to reposition or occupy. Includes six marked on-site parking spaces in the rear. A rare investment or end-user opportunity in one of South Florida’s most desirable business districts.
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Listing courtesy of: Montgomery & Koebel, Inc.