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Multi-Floor Office Building
For Lease
$5,674/Mo

299 Alhambra Cir 203, Coral Gables, FL 33134

Office property with flexible layouts, ground-floor retail, garage parking, and on-site property management.

Space SizeContact for details
Days on Market36

Property Features for 299 Alhambra Cir 203

General Information

Standard status Active

Additional Details

Space Use Office

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 25 Changed: Aug 28 Last Checked: Aug 29 at 12:30PM

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.

This office property comprises four office floors along with ground-floor retail space. The building contains 62,327 square feet and dates to 1959, with flexible office layouts suited to a range of configurations. Garage parking is positioned behind the building, and on-site property management supports day-to-day operations.

The property occupies the intersection of Salzedo Street and Alhambra Circle in Coral Gables. Nearby occupants include FIFA, The Coral Gables Trust, Hyatt Hotels, and The Allen Morris Company. Access to major roads, Miami International Airport, residential communities, and Miracle Mile adds connectivity to the surrounding area.

Key Highlights

  • 62,327‑square‑foot office property built in 1959
  • Four office floors with ground‑floor retail space
  • Flexible office layouts

Property Analytics

Current Use

Office Units

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
$0.16 /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

$42.91 /SF/Yr
Avg Asking Price
$13.7–$68 /SF/Yr
Price Range
9,983 SF
Avg Space Size

This space is priced 97% below the average of $42.91 /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 units - Office property with flexible layouts, ground-floor retail, garage parking, and on-site property management.
Where is this office units located?
The property is located at 299 Alhambra Cir 203 Coral Gables, FL.
What is the lease rate?
The lease rate is $5,674/Mo.
What are key features of this property?
This property features: 62,327‑square‑foot office property built in 1959; Four office floors with ground‑floor retail space; Flexible office layouts
More about this property
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