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255 University Dr

Coral Gables, FL 33134
  • $8,495,000
  • STATUS: Active
  • ON SITE: 215 Days
  • MLS #: A11145139
UPDATED: 27 min ago
$8,495,000
  • 0
    BEDS
  • 0.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1958
County:

School Ratings & Info

Description

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.

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Copyright 2022, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2022, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2022-08-15T20:52:31.18.
www.pattyaccorto.com/homes/124629872
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255 University Dr Coral Gables, FL 33134

  • Price: $8,495,000
  • Status: Active
  • On Site: 215 Days
  • Updated: 27 min ago
  • MLS #: A11145139
0
Beds
0
Baths
0
½ Baths
0.2
Acres
1958
Built
County:
Miami-Dade
Property Description
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.
Exterior Features

Inclusions Building & LandFixturesLeasesLeases Parking Features AssignedOn Street Parking Total 17 Pool Private YN No View YN No Waterfront YN No

Interior Features

Building Area Total 11682 Cooling Central Building A/CCentral Individual A/C Flooring Ceramic Floor Stories 2

Property Features

Association YN No Business Type Medical OfficeOffice Space Cooling YN Yes Documents Available Aerial Photo(S)Rent RollsExisting Survey Horse YN No Land Lease YN No Lease Considered YN Yes Lease Term 1 To 3 Year Lease Listing Terms All CashConventional/RefinanceOwner Will Carry New Construction YN No Ownership Corporation Public Survey Section 17 Security Features Smoke AlarmSmoke Detector(S) Senior Community YN No Sewer Public Sanitation Special Listing Conditions Sale Structure Type CommercialMedical Office Tax Annual Amount 54200 Tenant Pays ElectricityInside InsuranceReal Estate TaxSales TaxTrash CollectionWater Water Source Public Zoning 6400

Listing courtesy of London Foster Realty.


Copyright 2022, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2022, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2022-08-15T20:52:31.18.
 
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