255 University Dr, Coral Gables

$7,489,000

0 Beds
0 Baths
0 Acres
0 Garages

This building is one block from the the largest construction project in the history of Coral Gables, The Plaza, a $660M dollar development, including a 5 Star Hotel, condo towers, class A office building,restaurants and retail. The buildings close proximity to this project makes the location extremely desirable. 255 University Dr. has 2 floors. The first floor consists of 5,287 sq.ft. and the second floor 5,158 sq.ft. The first floor is leased to a Medical Center for 5 years, with option to renew. The second floor is leased to a Mental Health Center for 3 years, with option to renew. Both leases are NNN. The building has 17 private parking spaces and 34 municipal spaces. This coveted location will only appreciate in the years to come.Building has recently passed 40 year recertification.

Essential Information
MLS® #A10717359
Price$7,489,000
Bathrooms0.00
Acres0.00
TypeLand / Boat Docks
Sub-TypeBusiness
StatusActive
Community Information
Address255 University Dr
Area41
SubdivisionCORAL GABLES CRAFTS SEC
CityCoral Gables
CountyMiami-Dade County
StateFL
Zip Code33134-6732
Utilities

Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available

Additional Information
Date ListedAugust 2nd, 2019
Days on Market308
Listing Details
OfficeBurdman Real Estate Investment
Property History
Price Reduced from $7,495,000 to $7,489,000
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