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Class A Office Complex with Two Buildings
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2 Alhambra Plz, Coral Gables, FL 33134

Class A office complex totaling 326,451 SF across two buildings, currently 87% leased with a 4.4-year weighted average lease term.

Property Size326,451 SF
Days on Market368

Property Features for 2 Alhambra Plz

General Information

Standard status Active
Size 326,451 SF
Class Class A
Property subtype OFFICE
Occupancy 87%

Building Details

Buildings 2
Building Size 326,451 SF
Tenancy Multi
Listing Agency: JLL | Miami
Listed By: Hermen Rodriguez
Source: Moodyscre
Added: Jul 30, 2025 Changed: Jul 29 Last Checked: Aug 1 at 6:27AM

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 JLL | Miami

Investment Insights

Based on property information with market context.

The Alhambra is a best-in-class Class A office complex comprising 326,451 square feet across two buildings. Alhambra Plaza is a 14-story tower with 232,135 square feet, and Alhambra West is a 7-story boutique building with 94,316 square feet. The property is currently 87% leased and features a 4.4-year weighted average lease term and 10.6-year weighted average tenant tenure.

The ownership structure is configured as a condominium with three distinct units: Alhambra Plaza, Alhambra West, and the Hyatt Regency. The Alhambra benefits from its adjoining four-star Hyatt Regency Coral Gables Hotel (not part of this offering) and includes a shared four-story structured parking facility.

This is an institutional-style office asset presented as an exclusive acquisition opportunity, featuring two Class A office buildings under a condominium ownership structure.

Key Highlights

  • 326,451 SF Class A office complex across two buildings
  • Alhambra Plaza: 14‑story tower totaling 232,135 SF
  • Alhambra West: 7‑story boutique building totaling 94,316 SF

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Grocery & Convenience Store (Bike/Boat/Book/etc) Store Restaurant Locksmith Electrical Service 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

87%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

8,550
Businesses Nearby

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

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
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Frequently Asked Questions

What type of property is this?
Office building - Class A office complex totaling 326,451 SF across two buildings, currently 87% leased with a 4.4-year weighted average lease term.
Where is this office building located?
The property is located at 2 Alhambra Plz Coral Gables, FL.
What are key features of this property?
This property features: 326,451 SF Class A office complex across two buildings; Alhambra Plaza: 14‑story tower totaling 232,135 SF; Alhambra West: 7‑story boutique building totaling 94,316 SF
(305) 448-5332 Call to check price and availability
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