101 Madeira Ave - Medical FOR SALE


Coral Gables, FL 33134- Douglas
$6,300,000 USD
305-450-9133
101 Madeira Ave, Coral Gables, FL for Sale
$6,300,000 USD
Medical - FOR SALE
1/15
null | Request Cap Rate

101 Madeira Ave
Coral Gables, FL 33134
Douglas


HIGHLIGHTS

  • ±7,254 SF | Two-Story Freestanding Office Building | Delivered Vacant
  • ±6,490 SF Signalized Corner Lot | Dual-Street Frontage | Effectively a Double Lot for Infill Office in the Coral Gables CBD
  • 13 Dedicated On-Site Parking Spaces | Among the Rarest Physical Attributes in This Submarket
  • MX2 Zoning | 3.5 FAR | ±22,700 SF Maximum Buildable Envelope | Residential Density Permitted at 125 Units Per Acre

OVERVIEW

101 Madeira Avenue is a ±7,254 SF freestanding, two-story office building positioned on a signalized corner in the heart of the Coral Gables CBD. Delivered vacant with 13 dedicated on-site parking spaces, dual-street frontage, and situated on a ±6,490 SF corner parcel — effectively a double lot by Coral Gables standards — the property offers a combination of scale, visibility, parking, and control that is increasingly impossible to find in this market. Zoned MX2 with a 3.5 FAR, the site supports up to ±22,700 SF of buildable area with residential density of 125 units per acre, preserving meaningful long-term redevelopment optionality. Coral Gables remains one of the most supply-constrained office submarkets in the Southeast, driven by consistent demand from legal, financial, medical, and professional users seeking a premier business address outside of Brickell’s escalating occupancy costs. For an owner-user, 101 Madeira represents more than office space — it is a rare opportunity to secure a flagship standalone presence with irreplaceable fundamentals, future expansion potential, and long-term control in one of South Florida’s most established business districts.

FOR SALE DETAILS

PRICE

$6,300,000 USD

PRICE/SF

$868 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1963

SPRINKLERS

-

PARKING SPACES

13

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

MX2 - Mixed-Use 2

APN/PARCEL ID

03-4108-007-0200

ASK ABOUT THIS PROPERTY

305-450-9133

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305-450-9133

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