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255 University Dr

Coral Gables / Miami South End

$8,495,000 USD

$8,495,000

0.2 Acres Disagree?

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255 University Dr

Coral Gables / Miami South End

$8,495,000

0.2 Acres

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Property Highlights

  • MLS# : A11145139
  • Listing Type : Commercial
  • Year Built : 1958
  • Zoning : 6400
  • Status : Active
  • Total Area : 11,682 sqft ($728/sqft)
  • Days on Market : 218
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Admirals cove is one of Jupiter, Florida's finest private gated communities in Palm Beach Country and one of Florida's premier golf and yachting addresses.

Property Details

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.

General Information
  • Cooling: Central Building A/C, Central Individual A/C
  • Parking: Assigned, On Street
  • Stories: 2
  • Total Units in Complex: 1
  • Flooring: Ceramic Floor
  • Security: Smoke Alarm, Smoke Detector(s)
  • Total Building Sqft: 11,682
  • Zoning: 6400
  • Flooring: Ceramic Floor
  • Security: Smoke Alarm, Smoke Detector(s)
  • Total Building Sqft: 11,682
  • Zoning: 6400
Fees and Membership
  • Tax Amount: $54,200
  • Tenant Pays: Electricity, Inside Insurance, Real Estate Tax, Sales Tax, Trash Collection, Water
  • Tenant Pays: Electricity, Inside Insurance, Real Estate Tax, Sales Tax, Trash Collection, Water

Listing Courtesy of London Foster Realty.

Coral Gables Market Stats

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ECHO FINE PROPERTIES

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