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Office Building with Ground-Floor Retail
For Lease
$6,771/Mo

299 Alhambra Cir 218, Coral Gables, FL 33134

Flexible layouts, rear garage parking, and on-site property management support occupancy needs.

Space SizeContact for details
Days on Market41

Property Features for 299 Alhambra Cir 218

General Information

Standard status Active

Amenities

garage parking
on site property management

Building Details

Year Built 1959
Stories 5
Listing Agency: Terranova Corp
Listed By: Mindy Mcilroy · License #3554513
Source: Thepennteam
Added: Jul 20 Changed: Aug 27 Last Checked: Aug 29 at 12:13PM

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 Terranova Corp

Investment Insights

Based on property information with market context.

Located at 299 Alhambra Circle in Coral Gables, this 62,327-square-foot commercial property combines ground-floor retail with four office floors. The building, completed in 1959, offers flexible office layouts, garage parking behind the property, and on-site property management.

The property sits at the intersection of Salzedo Street and Alhambra Circle, near major roads, Miami International Airport, residential communities, and Miracle Mile. Neighboring organizations include FIFA, The Coral Gables Trust, Hyatt Hotels, and The Allen Morris Company.

Key Highlights

  • 62,327 SF commercial property with ground‑floor retail and four office floors
  • Located at the intersection of Salzedo Street and Alhambra Circle
  • Garage parking positioned behind the building

Property Analytics

Current Use

Office buildings

Suggested Use

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

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
$0.20 /SF/Yr
CAM

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

Lease Benchmarks for Coral Gables, FL

$6.78 /SF/Yr
Avg Asking Price
$1.07–$28 /SF/Yr
Price Range
28,491 SF
Avg Space Size

This space is priced 81% below the average of $6.78 /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?
Office building - Flexible layouts, rear garage parking, and on-site property management support occupancy needs.
Where is this office building located?
The property is located at 299 Alhambra Cir 218 Coral Gables, FL.
What is the lease rate?
The lease rate is $6,771/Mo.
What are key features of this property?
This property features: 62,327 SF commercial property with ground‑floor retail and four office floors; Located at the intersection of Salzedo Street and Alhambra Circle; Garage parking positioned behind the building
More about this property
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