117 Majorca Ave ,Office, Free Standing, Commercial Office, Office Space for Sale

117 Majorca Ave for Sale

Price $2,750,000.00

• Lot size 5050
• Year Build 1971
• Waterfront
• Zip 33134
• Style
• Parking Description On Street
• Pool Yes
• Status Active

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.

To show please DO NOT go to building. All showings to be set through ShowingTime on MLS.

CORAL GABLES SEC L PB 8-85 LOTS 28 & 29 BLK 6 LOT SIZE 50.000 X 101 OR 12356-2248 1284 1

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.

City:Coral Gables,Zoning:5004,List A O R:A-Miami Association of REALTORS,Stories:2,Latitude:25.7554268,List Price:2750000,Listing Id:A11801465,Longitude:-80.2572796,Mls Status:Active,Year Built:1971,Postal Code:33134,Street Name:Majorca Ave,Coordinates:1:25.7554268,Photos Count:33,Days On Market:1,Listing Terms:1:Conventional/Refinance,Lot Size Units:Square Feet,M I A M I R E_ Area:41,On Market Date:2025-05-13,Parcel Number:03-41-08-007-0600,Parking Total:6,Property Type:Commercial Sale,Stories Total:2,Street Number:117,Open Parking Y N:1,Public Remarks: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.,County Or Parish:Miami-Dade County,List Office Name:Montgomery & Koebel, Inc.,Private Remarks:To show please DO NOT go to building. All showings to be set through ShowingTime on MLS.,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:4547,Property Sub Type:Office,State Or Province:FL,Tax Annual Amount:31872,Unparsed Address:117 Majorca Ave, Coral Gables FL 33134,Listing Agreement:Exclusive Right To Sell,Building Area Total:3832,Building Area Units:Square Feet,Lot Size Dimensions:50x101,Lot Size Square Feet:5050,Original List Price:2750000,Public Survey Range:41,I D X Participation Y N:1,Syndication Remarks: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.,Listing Contract Date:2025-05-13,Originating System I D:miamire,Street Number Numeric:117,Tax Legal Description:CORAL GABLES SEC L PB 8-85 LOTS 28 & 29 BLK 6 LOT SIZE 50.000 X 101 OR 12356-2248 1284 1,Public Survey Township:41,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Internet Remarks:Exceptional opportunity to acquire a well-maintained, 2-story free-standing office building in the heart of Coral Gables.,M I A M I R E_ Showing Time Flag:1,Contract Status Change Date:2025-05-13,Internet Address Display Y N:1,M I A M I R E_ Ok To Advertise List:No,Internet Entire Listing Display Y N:1,