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Office Building with Ground-Floor Retail
New
For Lease
$6,486/Mo

299 Alhambra Cir 418, Coral Gables, FL 33134

Flexible layouts, rear garage parking, and on-site property management support tenant operations.

Space SizeContact for details
Days on Market6

Property Features for 299 Alhambra Cir 418

General Information

Standard status Active

Building Details

Year Built 1959
Listing Agency: Terranova Corp
Listed By: Mindy Mcilroy · License #A11895122
Source: Mymiahomes
Added: Aug 19 Changed: Aug 20 Last Checked: Aug 24 at 10:17AM

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.

299 Alhambra Circle is a 62,327-square-foot commercial building with ground-floor retail and four office floors. The property was built in 1959 and offers flexible office layouts for a range of business configurations.

Garage parking is positioned behind the building, with on-site property management serving the property. The building is located at the intersection of Salzedo Street and Alhambra Circle in Coral Gables, near major roads, Miami International Airport, residential communities, and Miracle Mile.

Neighboring occupants include FIFA, The Coral Gables Trust, Hyatt Hotels, and The Allen Morris Company.

Key Highlights

  • 62,327‑square‑foot commercial building
  • Ground‑floor retail with 4 office floors
  • Flexible office layouts

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
$0.19 /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

$12.43 /SF/Yr
Avg Asking Price
$1.07–$29.47 /SF/Yr
Price Range
21,540 SF
Avg Space Size

This space is priced 90% below the average of $12.43 /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 tenant operations.
Where is this office building located?
The property is located at 299 Alhambra Cir 418 Coral Gables, FL.
What is the lease rate?
The lease rate is $6,486/Mo.
What are key features of this property?
This property features: 62,327‑square‑foot commercial building; Ground‑floor retail with 4 office floors; Flexible office layouts
More about this property
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