Listing Summary
Discover a premier commercial real estate opportunity in the heart of Coral Gables, Florida. Unit 323 offers a highly flexible, duplex-style office condominium designed to accommodate the dynamic needs of modern businesses, medical professionals, or savvy commercial real estate investors.
Full Description
With its unique architectural layout, predictable overhead costs, and central location, this property represents a premium asset in a high-demand South Florida submarket.
Property Overview & Key Investment Metrics
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Property Address: Unit 323, Coral Gables, FL
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Asset Type: Commercial Office Condominium (Building Class C)
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Total Unit Size: 534 Square Feet
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Listing Price: $355,000
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Price Per Square Foot ($/SF): $664.79
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Sale Type: Ideal for Owner-User or Commercial Property Investment
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Allocated Parking: 2 Dedicated Parking Spaces (Covered & Gated)
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APN / Parcel ID: 03-4105-096-0390
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Zoning: CB, Dade County (Office Condo)
Exceptional Layout Flexibility: The Duplex-Style Advantage
Unlike standard commercial spaces, Unit 323 features a highly functional duplex-style layout. The property comprises two separate sub-units configured with individual private entrances, distinct mailing addresses, and separate dedicated mailboxes.
This unique configuration unlocks multiple strategic business use cases:
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The Owner-User Expansion Strategy: A growing professional firm can occupy the entire 534 SF footprint as a single, cohesive corporate office.
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The Passive Income Strategy: A small business owner can choose to occupy one independent unit to run their operations while leasing out the second adjacent unit. This configuration generates immediate, consistent rental income to offset debt service and mortgage costs.
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The Pure Investment Play: Commercial real estate investors can maximize their yield by leasing the space to two separate independent tenants, mitigating vacancy risk.
All-Inclusive Condominium Association Fees
Operating expenses in Coral Gables commercial real estate can often be unpredictable. However, the condominium association structure for Unit 323 simplifies monthly overhead. The monthly association fee comprehensively covers:
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Complete Electricity Consumption (keeping indoor HVAC costs fully predictable)
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Water and Sewer Utilities
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Comprehensive Exterior Maintenance, structural upkeep, and common area care
By bundling these major utility and maintenance costs into a single association fee, business owners and landlords enjoy predictable monthly operating expenses and simplified accounting.
Building Specifications & Premium Property Amenities
Unit 323 is situated within a well-established, highly secure 49,000-square-foot commercial office complex. Built in 1971 and maintained across three expansive floors (with a typical floor plate of 16,333 SF), the building sits on a prime 0.71-acre lot.
Tenants, owners, and visiting clients benefit from an extensive suite of building-wide amenities:
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Secure Access Control: The property features gated, controlled access entry points alongside secure covered parking options in a market where parking is at a premium. The building boasts an overall parking ratio of 2.98 spaces per 1,000 SF.
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Client-Ready Infrastructure: The layout supports an elegant dedicated reception area, efficient central air conditioning, and additional on-site storage space options.
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High-Visibility Signage: Excellent corporate signage opportunities are available to enhance local brand awareness.
Unmatched Coral Gables Location & Transit Accessibility
Location is everything in South Florida commercial real estate. This office condominium places your business directly amidst the world-class amenities of Coral Gables.
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Unbeatable Transit Access: Commuting and client visits are entirely frictionless. The property is positioned directly on a primary bus line and features a Coral Gables Trolley stop right in front of the building entrance, offering free, direct connectivity to downtown Coral Gables and regional transit hubs.
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Local Amenities: Enjoy immediate proximity to elite dining, financial institutions, premium retail, and corporate headquarters, making it an attractive destination for both employee retention and high-profile client meetings.
Whether you are looking to stop paying rent and build equity in your own commercial property, or you want to expand your South Florida investment portfolio, Unit 323 offers the perfect blend of location, flexibility, and value.
Quick Glance
- Listing ID:
CL-Florida-27971
- Status:
Active
- Year Build:
1971
- Building Size:
534 SqFt
- Lot Size:
49,000 SqFt