For sale
$5,000,000
Office buildingUnit 500
- Elevator
605 Lincoln Rd #500Miami Beach, FL 33139
Listing courtesy of Compass Florida, LLC · MyStateMLS #12019176
For saleReduced $350,000 from $6,300,000Virtual tour
$5,950,000
0.15 acresBuilt 1963
101 Madeira AveCoral Gables, FL 33134
Office building (from the listing description) · MLS 11693189 · Listed 203 days ago (Apr 15, 2026)
Active: Listed and available according to the MyStateMLS feed.
About this property
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.
Description provided by the listing brokerage.
Key facts
- Asking price
- $5,950,000
- Original list price
- $6,300,000
- Status
- For sale
- Property type
- OfficeFrom the listing description
- Land area
- 0.15 acresSource field LotSizeSquareFeet
- Year built
- 1963
- MLS number
- 11693189
Facts are reported by the listing brokerage. Items not listed were not provided; that does not mean the property lacks them or that they are zero.
Price
- Asking price
- $5,950,000
Building and site
- County
- Miami-Dade County
Reported features
- Corner location (from the description)“…rket. situated on a ±6,490 sf corner lot. effectively a double lot by…”
- Parking reported (from the description)“…ered vacant with 13 dedicated on-site parking spaces and dual-street fronta…”
A mention is not a specification. Confirm power, clear height, doors, parking and code compliance for your use with the listing representative and your own advisers.
Virtual tours and video
Location
The pin is the listing's reported coordinates and may be approximate. It is not a parcel boundary or survey and says nothing about access rights, easements or flood zones. See more listings in Coral Gables or office building in Coral Gables.
Why this listing is on Commercial Only
- Property type as the listing describes it. (description: "…e - a ±7,254 sf freestanding, two-story office building on a signalized corner in the coral gab…")
- MLS property class detail. (PropertyTypeDetail: commercial)
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Price and status history
- Original list price reported by the brokerage: $6,300,000
Changes observed by Commercial Only in MyStateMLS data since Nov 3, 2026. This is not a public-record sales or lease history.
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For sale
$3,850,000
Office building
0.08 acres
819 5th StMiami Beach, FL 33139
Listing courtesy of Compass Florida, LLC · MyStateMLS #11841819
For sale
$4,500,000
Office buildingUnit 500
- Elevator
- Parking reported
605 Lincoln Rd #500Miami Beach, FL 33139
Listing courtesy of Compass Florida, LLC · MyStateMLS #11454214
Guides
Listing courtesy of Compass Florida, LLC. Listings provided by MyStateMLS.
Listing last modified at the source Aug 27, 2026, 12:50 PM UTC. Commercial Only last confirmed MyStateMLS data Nov 4, 2026, 9:31 PM UTC. Information is deemed reliable but not guaranteed; verify all details with the listing representative.