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1920 Coral Way, Coral Gables, FL 33145

A standalone building offers office users a full-property configuration rather than space within a multi-tenant plaza.

Space Size3,584 SF
Days on Market3

Property Features for 1920 Coral Way

General Information

Standard status Active
Size 3,584 SF
Property subtype OFFICE

Additional Details

Space Use Office

Building Details

Parking Ratio 3.3 per 1,000 SF

Spaces For Lease

at 1920 Coral Way
1920 Coral Way $45/SF/Yr
Floor Bldg
Size 3,584 SF
Type OFFICE
Availability AVAILABLE, Now
Sublease No
- Freestanding office buildings rarely reach the open market on this stretch — competing inventory is almost entirely subdivided suites inside multi-tenant plazas. The property sits between two of Miami’s priciest office cores, where Brickell asks $71.80 per SF and Coral Gables $51.29 against a 15% countywide vacancy rate. On-site parking works out to roughly 3.3 spaces per 1,000 SF, well above what most urban Miami offices deliver. Professional, medical, and legal users can hold a full building here for what a mid-floor suite costs a few blocks east.
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Listing Agency: Fausto Commercial Realty
Listed By: Ashleen Cruz · License #3555022
Source: Moodyscre
Added: Oct 15 Changed: Oct 16 Last Checked: Oct 16 at 2:12PM

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 Fausto Commercial Realty

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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This freestanding office building contains 3,584 square feet and is offered for rent as a full-building opportunity. Its standalone configuration distinguishes it from the subdivided suites in multi-tenant plazas described for the surrounding office market. On-site parking provides approximately 3.3 spaces per 1,000 square feet.

The property is at 1920 Coral Way in Coral Gables, positioned between the Brickell and Coral Gables office cores. Professional, medical, and legal users are identified as potential occupants.

Key Highlights

  • 3,584‑square‑foot freestanding office building
  • On‑site parking at approximately 3.3 spaces per 1,000 SF
  • Located between the Brickell and Coral Gables office cores

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Parking Lot & Garage Restaurant (Bike/Boat/Book/etc) Store Locksmith Garden Center Grocery & Convenience 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
$6.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,042
Businesses Nearby

Demographics for 33145, FL

29,737
Population
12,773
Households
2.3
Avg Household Size
44
Median Age
42%
College-Educated
85%
High-School Grad
2.5 sq mi
ZIP Area
11,895
Density / Sq Mi
$70,592
Median Household Income
$43,039
Median Earnings
$1,769
Median Rent
$560,300
Median Home Value

Market

Lease Benchmarks for Coral Gables, FL

$21.58 /SF/Yr
Avg Asking Price
$1.54–$71.88 /SF/Yr
Price Range
23,750 SF
Avg Space Size

This space is priced 109% above the average of $21.58 /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

Frequently Asked Questions

What type of property is this?
Office building - A standalone building offers office users a full-property configuration rather than space within a multi-tenant plaza.
Where is this office building located?
The property is located at 1920 Coral Way Coral Gables, FL.
What is the lease rate?
The lease rate is $45 SF/Yr.
What are key features of this property?
This property features: 3,584‑square‑foot freestanding office building; On‑site parking at approximately 3.3 spaces per 1,000 SF; Located between the Brickell and Coral Gables office cores
(305) 794-1945 Call to check price and availability
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