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$6,300,000
Est. payment /mo
7,254 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 7,254 sqft
Price per Sqft $868
MLS Listing ID A12001804
HOA Y/N No
Year Built 1963
Lot Size 6,490 Sqft
Property Sub-Type Office
Property Description
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 and dual-street frontage. An increasingly rare combination in this market. Situated on a ±6,490 SF corner lot. 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.
Location
State FL
County Miami-dade
Area 41
Exterior
Private Pool Yes
Others
Tax ID 03-41-08-007-0200
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12001804
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Listed by Compass Florida, LLC
NEARBY SCHOOL & BUSINESS
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