255 University Dr

Coral Gables, FL, 33134

$8,495,000

$727 per ft²
$8,495,000
$727 per ft²
Active
Active
 - For Sale
carpenters-square
11,682 ft²
property_type
Commercial
calendar
Built 1958
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.
MLS® ID:
A11145139
Listed:
1/10/22
Updated:
7/6/22

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Floor Description
Ceramic Floor
Cooling
Central Building A/C, Central Individual A/C

Exterior/Building Features

Lot Size
8,925 ft² lot
Architectural Style
Commercial, Medical Office
Sewer
Public Sanitation

Other Property Details

Taxes
$54200
Tax Frequency
per YEAR
Garage
No
Parking
Assigned, On Street
Parking Total
17.0
View
N
County
Miami-Dade County
Water Source
Public
Pool
No
Total Stories
2
Zoning
6400

Courtesy of London Foster Realty

Based on information from Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS.  All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. 

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Data last updated 4:41 PM UTC, 7/6/22.

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