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

PCK Commercial presents 101 Madeira Avenue — a ±7,254 SF freestanding, two-story office building on a signalized corner in the Coral Gables CBD. Delivered vacant with 13 dedicated on-site parking spaces with dualstreet frontage and situated on a ±6,490 SF corner lot. An increasingly rare combination in this market providing effectively a double lot by Coral Gables standards. The property offers scale, visibility and functionality that most infill assets simply cannot match. Zoned MX2 with a 3.5 FAR, the site supports up to ±22,700 SF of buildable area and residential density of 125 units per acre, providing true long-term optionality. Coral Gables is one of the most supply-constrained office submarkets in the Southeast, with limited new delivery and consistent rent growth driven by legal, financial and medical users. As Brickell pushes toward $100/SF and Coconut Grove remains inventory-constrained, the Gables continues to outperform as a stable, high-demand alternative. For an owner-user, this is a control play. Eliminate uncertainty in leasing and secure a flagship location with irreplaceable fundamentals and future expansion potential.

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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