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Multi-Story Office Building
For Lease
$7,989/Mo

299 Alhambra Cir 224, Coral Gables, FL 33134

Office property with flexible layouts, rear garage parking, and on-site property management.

Space SizeContact for details
Days on Market50

Property Features for 299 Alhambra Cir 224

General Information

Standard status Active

Site & Location

Neighborhood Downtown Coral Gables

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: Mymiahomes
Added: Sep 6 Changed: Oct 13 Last Checked: Oct 7 at 2:58PM

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

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Investment Insights

Based on property information with market context.

Built in 1959, this 62,327-square-foot office property combines ground-floor retail with four upper office floors. The building supports flexible office layouts and includes garage parking behind the property, along with on-site property management.

The property is located at 299 Alhambra Circle at the intersection of Salzedo Street and Alhambra Circle in Coral Gables. The surrounding tenant roster includes FIFA, The Coral Gables Trust, Hyatt Hotels, and The Allen Morris Company. Its setting provides access to major roads, the airport, residential communities, and Miracle Mile.

Key Highlights

  • 62,327‑square‑foot office property built in 1959
  • Ground‑floor retail with 4 office floors
  • Flexible office layouts

Property Analytics

Contact the owner directly Get the owner's phone numbers and email
Open 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
$0.23 /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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Coral Gables, FL

$21.58 /SF/Yr
Avg Asking Price
$1.54–$71.88 /SF/Yr
Price Range
22,975 SF
Avg Space Size

This space is priced 93% below 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 - Office property with flexible layouts, rear garage parking, and on-site property management.
Where is this office building located?
The property is located at 299 Alhambra Cir 224 Coral Gables, FL.
What is the lease rate?
The lease rate is $7,989/Mo.
What are key features of this property?
This property features: 62,327‑square‑foot office property built in 1959; Ground‑floor retail with 4 office floors; Flexible office layouts
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