- $5,950,000
Description
PCK Commercial presents 101 Madeira Avenue — a ±7,254 SF freestanding, two-story office building on a signalized corner in the Coral Gables CBD. Delivered vacant with 13 dedicated on-site parking spaces and dual-street frontage. An increasingly rare combination in this market. Situated on a ±6,490 SF corner lot. Effectively a double lot by Coral Gables standards — the property offers scale, visibility and functionality that most infill assets simply cannot match. Zoned MX2 with a 3.5 FAR, the site supports up to ±22,700 SF of buildable area and residential density of 125 units per acre, providing true long-term optionality. Coral Gables is one of the most supply-constrained office submarkets in the Southeast, with limited new delivery and consistent rent growth driven by legal, financial and medical users. As Brickell pushes toward $100/SF and Coconut Grove remains inventory-constrained, the Gables continues to outperform as a stable, high-demand alternative. For an owner-user, this is a control play. Eliminate uncertainty in leasing and secure a flagship location with irreplaceable fundamentals and future expansion potential.
Address
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Address: Array
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City: Coral Gables
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State/county: Miami-Dade
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Zip/Postal Code: Array
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Area: Coral Gables
Details
Updated on August 27, 2026 at 9:58 am-
Property ID Array
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Price $5,950,000
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Land Area 0.15 Sq Ft
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Year Built 1963
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Type Office
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Property Status Commercial Sale
Additional details
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BuildingAreaTotal 7254
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BusinessType Retail
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CLIP 5078076976
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ContractStatusChangeDate 2026-04-15
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CumulativeDaysOnMarket 132
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CurrentPrice 5950000
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DaysOnMarket 132
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DaysOnMarketReplication 132
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DaysOnMarketReplicationDate 2026-08-25
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DaysOnMarketReplicationIncreasingYN 1
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DocumentsCount 0
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InternetAddressDisplayYN 1
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InternetAutomatedValuationDisplayYN 1
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InternetEntireListingDisplayYN 1
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ListAOR Miami REALTORS
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ListAgentAOR Miami Association of REALTORS
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ListAgentDirectPhone 305-450-9133
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ListAgentEmail andres.perez@compass.com
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ListAgentFirstName Andres
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ListAgentFullName Andres Perez-Cervera
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ListAgentKey 26772784
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ListAgentKeyNumeric 26772784
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ListAgentLastName Perez-Cervera
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ListAgentMlsId SEF3254314
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ListAgentNationalAssociationId 279571537
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ListAgentOfficePhone 305-697-2904
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ListAgentPreferredPhone 305-450-9133
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ListAgentStateLicense 3254314
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ListOfficeAOR Miami Association of REALTORS
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ListOfficeEmail mlsfl@compass.com
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ListOfficeKey 5904299
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ListOfficeKeyNumeric 5904299
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ListOfficeMlsId SEFCOMP11
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ListOfficeName Compass Florida, LLC
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ListOfficePhone 305-697-2904
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ListingAgreement Exclusive Agency
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ListingContractDate 2026-04-15
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ListingKeyNumeric 1157660395
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ListingTerms Cash, Conventional
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LotSizeArea 6490
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MLSAreaMajor 2410
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MajorChangeTimestamp 2026-08-25T16:57:56.000-00:00
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MajorChangeType Price Change
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MapCoordinateSource Imported
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MlsStatus Active
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MobileDimUnits Feet
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ModificationTimestamp 2026-08-27T05:13:13.240-00:00
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OccupantType Vacant
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OnMarketDate 2026-04-15
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OnMarketTimestamp 2026-04-15T00:00:00.000-00:00
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OpenHouseModificationTimestamp 2026-08-25T16:04:09.867-00:00
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OriginalEntryTimestamp 2026-04-15T18:11:36.000-00:00
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OriginalListPrice 6300000
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OriginatingSystemID M00000151
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OriginatingSystemKey 570838430
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OriginatingSystemListAgentMemberKey 1223096
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OriginatingSystemListOfficeKey 1252712
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OriginatingSystemModificationTimestamp 2026-08-25T16:04:09.867-00:00
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OriginatingSystemName BEACH
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OriginatingSystemSubName BEACH_MIAMI
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ParcelNumber 0341080070200
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Permission IDX
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PhotosChangeTimestamp 2026-08-27T05:13:13.173-00:00
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PhotosCount 13
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PostalCity Coral Gables
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PostalCodePlus4 4515
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PreviousListPrice 6300000
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PriceChangeTimestamp 2026-08-25T16:57:56.000-00:00
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PropertySubTypeAdditional Office
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SourceSystemID TRESTLE
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SourceSystemKey 1157660395
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SourceSystemName flexmls
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StateOrProvince FL
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StatusChangeTimestamp 2026-04-15T00:00:00.000-00:00
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StreetName Madeira
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StreetNumber 101
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StreetNumberNumeric 101
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StreetSuffix Avenue
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StructureType Office, Retail
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TaxLegalDescription CORAL GABLES SEC L PB 8-85 LOTS 22-23-24 BLK 3 LOT SIZE 6490 SQ FT OR 20359-1601 0402 1 COC 23275-2895 04 2005 1
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UniversalPropertyId US-12025-N-0341080070200-R-N
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VideosChangeTimestamp 2026-08-27T05:13:13.173-00:00
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VideosCount 0
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Zoning 5004
Overview
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