Seller Financing
Address
255 University Dr Coral Gables, FL
Price
$ 8,495,000
Property Attributes
  • MLS#A10962695
  • TypeCommercial
  • CountyMIAMI-DADE
  • CityCoral Gables
  • Area41
  • Zip33134
  • StyleOffice
  • Year Built1958
  • Taxes$ 47539
  • Price$ 8,495,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size8,925 SqFt
Listing Provided Courtesy Of:
London Foster Realty
Data Source:
Southeast Florida MLS SEFMLS
Property Description

255 University Drive is one block from the largest development in Coral Gables, The Plaza, a $660M project, including a 5-Star Hotel, Condos, Office Building, Restaurants and Retail. 255 University Dr. 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 1 year remaining on their lease and (2) five year renewal options. The Second floor is fully leased to another Medical Center for 5 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 its 40 year re-certification.

Price History
11/25/2020 Listed $7,495,000

General Features

Cooling CentralAir
Flooring CeramicTile, Marble, Slate, Vinyl
Heating Central
MLS Area 41
Parking Features Assigned, Handicap, OnStreet
Property SubType Office
Property Type CommercialSale
Structure Type Office
Terms Cash, Conventional, OwnerWillCarry
Zoning Description 6400

Interior Features

Air Conditioning Y/N Yes
Heating Y/N Yes

Exterior Features

Covered Spaces 0.0
Lot Size Area 8925.0
Lot Size Square Feet 8925.0
Lot Size Units SquareFeet
Number of Buildings 1
Number of Separate Electric Meters 4
Total Parking 17.0
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 33134

Price
AVG $2.61M
$8.5M
Taxes
AVG $21,114
$47,539
Visits
AVG 64
55
Year Built
AVG 1987
1958
Walkscore
AVG 91
93
Data Provided by Walkscore ® not using MLS data

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