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1537 San Remo Avenue Unit 400-500, Coral Gables, FL 33146
Full-floor configurations can be leased individually or combined across two adjoining levels.
Property Size5,200 SF
Price / SF$0.01
Days on Market4
Property Features for 1537 San Remo Avenue Unit 400-500
General Information
Standard status
Active
Size
5,200 SF
Total Parking Spaces
40
Property subtype
Commercial
Zoning
5003 Mixed-Use
Lease Term
[]
Additional Details
Public Transit
Yes
Amenities
luxurious lobby
refined common areas
full-time concierge/doorman
building security
rooftop amenity with seating and Wi-Fi
pedestrian bridge to garage
Building Details
Year Built
2026
Buildings
1
Stories
6
Abandoned
No
Listing Agency:
One Sotheby's International Realty
Listed By:
Carlos Areces · License #3184709
(305) 803-2205
Source:
Onesothebysrealty
Added: Oct 19
Last Checked: Oct 20 at 11:56PM
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 One Sotheby's International Realty
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Investment Insights
Based on property information with market context.
The 2026 LEED-certified office building offers full-floor space on its 4th and 5th floors, with options to lease each floor separately or combine them. The 4th floor totals approximately 4,372 square feet and can be divided into two 2,186-square-foot suites; the 5th floor provides approximately 3,347 square feet and a private outdoor terrace with balcony. Interiors feature 14-foot ceilings and floor-to-ceiling windows. Building amenities include a staffed lobby, security, refined common areas, and a rooftop amenity on the 6th floor with seating and Wi-Fi, available to tenants and for special events. Approximately 40 parking spaces are provided, with a pedestrian bridge connecting to the garage.
The property is in South Gables/South Miami, near dining, retail, and professional services, with access to US-1, Metrorail, Coral Gables, and South Miami. Zoning is 5003 Mixed-Use.
The property is in South Gables/South Miami, near dining, retail, and professional services, with access to US-1, Metrorail, Coral Gables, and South Miami. Zoning is 5003 Mixed-Use.
Key Highlights
- 2026 LEED‑certified office building
- 4th floor: approximately 4,372 SF, divisible into two 2,186 SF suites
- 5th floor: approximately 3,347 SF with a private terrace and balcony
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$137,826
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,756,520
$2.8M
Cap Rate 7%
$1,968,943
$2.0M
Cap Rate 9%
$1,531,400
$1.5M
Market Conditions
NOI Build-Up for 5,200 SF
Gross rent
$237.1K $45.60/SF
− Vacancy
−$53.4K −$10.26/SF
EGI
$183.8K $35.34/SF
− OpEx
−$45.9K −$8.84/SF
NOI
$137.8K $26.51/SF
Area
Miami-Dade County, FL
Vacancy
22.50%
Lease Rate
$45.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,756,520
Cap Rate 7%
$1,968,943
Cap Rate 9%
$1,531,400
Alternative Uses
Best Use
Office B
$1.97M
$1.72M – $2.30M
NOI $137,826 @ 7.0% cap · market cap 218,771.43%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.64M
$2.31M – $3.08M
NOI $184,673 @ 7.0% cap · market cap 293,131.75%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
4,495
Businesses Nearby
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Business Placement
Demographics for 33146, FL
16,468
Population
6,788
Households
2.4
Avg Household Size
29
Median Age
75%
College-Educated
98%
High-School Grad
3.1 sq mi
ZIP Area
5,312
Density / Sq Mi
$124,712
Median Household Income
$41,105
Median Earnings
$2,774
Median Rent
$1,141,800
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Full-floor configurations can be leased individually or combined across two adjoining levels.
Where is this office unit located?
The property is located at 1537 San Remo Avenue Unit 400-500 Coral Gables, FL.
What are key features of this property?
This property features: 2026 LEED‑certified office building; 4th floor: approximately 4,372 SF, divisible into two 2,186 SF suites; 5th floor: approximately 3,347 SF with a private terrace and balcony
