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266 Palermo Ave
Coral Gables, FL 33134
Office Property For Sale

PROPERTY FACTS

Property Type
Office
Property Subtype
Medical
Building Size
3,967 SF
Building Class
B
Year Built/Renovated
1951/1992
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,984 SF
Slab To Slab
10’
Building FAR
0.54
Lot Size
0.17 AC
Zoning
CC
Parking
2 Spaces (0.5 Spaces per 1,000 SF Leased)

AMENITIES

  • Bus Line
  • Signage

ABOUT 266 PALERMO AVE , CORAL GABLES, FL 33134

This ± 3,464 SF, two-story, medical office property sits on a ± 2,500 SF lot in the heart of Coral Gables. Utilized as a plastic surgery facility for the last 29 years, this offering presents a turn-key medical space fully equipped with 6 offices/consultation rooms, 1 fully functional operating room, a garage with 2 street level doors, and 4 bathrooms. Situated only steps away from the widely anticipated Plaza at Coral Gables (Mediterranean Village) and only moments away from Miracle Mile, the subject property possesses unparalleled exposure to a full range of luxury amenities. Complimented by strong demographic drivers, the immediate 1-mile surrounding area has seen a 25% increase in income since 2010 equating to an average household income of roughly $136,699. Located within close proximity to a complete nexus of transportation thoroughfares such as: US-1, Coral Way, Dolphin Expressway (SR-836), Palmetto Expressway (SR-826), Florida Turnpike, and I-95, this area affords unmatched connectivity to Miami-Dade’s most desirable destinations. Adding to the properties appeal is the flexible C (Commercial District) Zoning designation, allowing for a myriad of potential uses. These uses include: Office, Live/Work, Day Care, Medical Clinic, Veterinary Clinic, Spa/Wellness Center, Retail, and Museum/Educational.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
03-4117-005-6360
Land Assessment
$1,000,000
Improvements Assessment
$314,203
Total Assessment
$1,314,203
  • Listing ID: 11942578

  • Date on Market: 3/16/2018

  • Last Updated:

  • Address: 266 Palermo Ave, Coral Gables, FL 33134

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