155 Majorca Ave, Apt 170-185

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Recommend
Sold

$2,100,000

155 Majorca Ave Unit 170-185 Coral Gables
Sold
Recommend

42

Home61's Closings in

Coral Gables

Amenities

Air Conditioning
N/A
Central Heat
N/A
Refrigerator
N/A
Dishwasher
N/A
Washer
N/A
Walk-In Closets
N/A
Water View
N/A
Pool
N/A
Fence
N/A
Garage
N/A
Barbecue
N/A
Impact Windows
N/A

Key features

Living area
N/A
Lot size
N/A
Tax
$ /sqft
-
Tenant Occupied
No
Parking Space
30
Building
Ponce Tower
On market
1227 days
$ /sqft
-
Type
other
Year Built
2008
Unit
170-185
Zip Code
33134
Ref./MLS ID
A10971218

DESCRIPTION

Income-producing retail in coral gables.  The 6,040 rsf is leased to my salon suites.  Constructed in 2015, mss offers 27 private state-of-the-art spacious suites.  The tenant has exercised an early lease option, showing commitment and longevity to the retail space in coral gables.  Lease through 9/30/2029 with (1) five-year lease options.  Parking: 30 garaged spaces.  Average capitalization rate 5.  12%.  Scheduled lease increase: 6% rental increase in oct.  2022 and a 10% rental increase in october 2024.  


Data is provided by Miami Board of Realtors.

Public transportation

SW 37 Av & Alhambra Cr
37
3 mins
SW 37 Av & SW 17 St
37
3 mins
SW 37 Av & SW 16 St
37
4 mins
SW 37 Av & Minorca Av
37
4 mins

Nearby School In Coral Gables

Data Provided by greatschools.org

RATING
Name
GRADE
DISTANCE
10
Somerset Gables Academy
K-4
1.1 miles
2
Brucie Ball Educational Center
PK-12
0.2 miles
NR
Learning Experience School
n/a
0.6 miles
NR
Our Lady of Fatima Academy
3-6, 9-11
0.7 miles
Neighborhood

Coral Gables

  • shopping
  • family
  • scenic
  • residences
  • homes
  • business
  • restaurants
  • bridal
  • university of miami
  • biltmore hotel
Listed on December 15, 2020 by Billy Planes from RE/MAX 360 Real Estate, this other is for sale. other for sale in Coral Gables listed at $2,400,000, Reference A10971218

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