Basic Information

  • MLS # A11269370
  • Type Office
  • Status Closed
  • Year Built 1971
  • Total Sqft 5,000
  • Date Listed 09/13/2022
  • Days on Market 227
Description

The 329 Palermo Business Center presents an excellent opportunity for an owner. User to purchase a superb Class B office building. This 2-story Class B office building is located in the heart of Coral Gables CBD and is available for immediate occupancy. The 9958 Square feet office building has 12 on-site covered parking spaces along with 4 restrooms, a kitchen, a conference room and 18 offices in an open floor plan.329 Palermo would allow an owner-user to occupy this one-of-a-kind building for significantly less than they could lease on an annual basis. Rents in Coral Gables are on the rise with more and more tenants entering the market every day. Retail space commands a premium compared to office space and current lease structures in place limit the owners exposure to increased expenses.

Amenities

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Construction Type Block
  • Parking Description Covered, Garage, Handicap
  • Style Office

Interior Features

  • Adjusted Sqft 5,000Sq.Ft
  • Cooling Description Central Air
  • Heating Description Central
  • Sqft 5,000 Sq.Ft

Property Features

  • Address 329 Palermo Ave
  • Aprox. Lot Size 5,000
  • Construction Materials Block
  • Furnished Info no
  • Listing Terms Cash, Conventional
  • Subdivision Complex
  • Subdivision Info
  • Tax Amount $43,295
  • Tax Legal desc C GABLES CRAFTS SEC PB 10-40 LOTS 31 & 32 BLK 17 LOT SIZE 50.000 X 100 OR 19431-0659 1200 1
  • Tax Year 0
  • Terms Considered Cash, Conventional
  • Type of Property Office

329 Palermo Ave

Coral Gables, FL 33134

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The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: One Sotheby's International Realty. tel: 305-666-0562

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