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First-Floor Medical Office Suite
For Lease
$47 SF/Yr

103-801 Monterey St, Coral Gables, FL 33134

Built-out suite offers private offices, reception, support rooms, and rear-lot parking within a renovated commercial building.

Space Size1,000 SF
Property Size8,560 SF
Days on Market8

Property Features for 103-801 Monterey St

General Information

Standard status Active
Size 1,000 SF
Net Rentable 1,000 SF
Lease Type NNN

Space & Availability

Available Space 1,000 SF
Contiguous Space 1,000 SF
Floor 1
Space Use Medical Office
Condition Turnkey
Private Offices 6

Lease Terms

Lease Rate $47 /USD/SF/YR
Monthly Rent $3,916
Rent per SF/Year $47

Building Details

Year Renovated 2024
Building Size 8,560 SF
Listing Agency: Synergy Realty Advisors
Listed By: Andros G. Sarduy · License #3225429
Source: Exprealty
Added: Aug 31 Changed: Sep 6 Last Checked: Sep 7 at 12:05PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Synergy Realty Advisors

Investment Insights

Based on property information with market context.

This first-floor medical office suite provides approximately 1,000 SF of configured space within an 8,560 SF commercial building. The layout includes six private offices, a reception area, kitchen, two storage rooms, and one restroom, supporting medical, wellness, and professional-services uses. Impact-resistant windows and doors are part of the building improvements, which were completed in 2024.

The property is positioned along the SW 8th Street corridor in Coral Gables at 103-801 Monterey St. Rear-lot parking serves the building, adding practical convenience for staff and visitors. The existing arrangement offers a ready framework for an occupant seeking dedicated office rooms with reception and back-of-house support areas.

Key Highlights

  • Approximately 1,000 SF first‑floor medical office suite
  • Six private offices plus reception area
  • Kitchen, two storage rooms, and one restroom

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Restaurant Food Market Grocery & Convenience Store Pet Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$7.05 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,221
Businesses Nearby
Under-served
Demand for This Use

Demographics for 33134, FL

38,739
Population
18,136
Households
2.1
Avg Household Size
46
Median Age
54%
College-Educated
91%
High-School Grad
5.2 sq mi
ZIP Area
7,450
Density / Sq Mi
$92,009
Median Household Income
$56,392
Median Earnings
$1,818
Median Rent
$660,200
Median Home Value

Market

Lease Benchmarks for Coral Gables, FL

$28.34 /SF/Yr
Avg Asking Price
$1.36–$48 /SF/Yr
Price Range
12,264 SF
Avg Space Size

This space is priced 66% above the average of $28.34 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Built-out suite offers private offices, reception, support rooms, and rear-lot parking within a renovated commercial building.
Where is this medical office space located?
The property is located at 103-801 Monterey St Coral Gables, FL.
What is the lease rate?
The lease rate is $47 SF/Yr.
What are key features of this property?
This property features: Approximately 1,000 SF first‑floor medical office suite; Six private offices plus reception area; Kitchen, two storage rooms, and one restroom
More about this property
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