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Office Building with Retail
For Lease
$4,254/Mo

299 Alhambra Circle 275m, Coral Gables, FL 33134

Four office levels sit above ground-floor retail with garage parking and on-site property management.

Space SizeContact for details
Days on Market10

Property Features for 299 Alhambra Circle 275m

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 Sue Mcilroy · License #3554513
Source: Thepennteam
Added: Aug 20 Changed: Aug 28 Last Checked: Aug 29 at 12:10PM

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.

Built in 1959, 299 Alhambra Circle combines ground-floor retail with four office floors. The building supports flexible office layouts and includes garage parking behind the property, along with on-site property management.

The property is positioned at the intersection of Salzedo Street and Alhambra Circle in Coral Gables. Miracle Mile, the airport, major roads, and nearby residential communities are identified as surrounding connectivity points. Neighboring occupiers include FIFA, The Coral Gables Trust, Hyatt Hotels, and The Allen Morris Company.

Key Highlights

  • Ground‑floor retail with 4 office floors
  • Flexible office layouts
  • Garage parking 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

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

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 - Four office levels sit above ground-floor retail with garage parking and on-site property management.
Where is this office building located?
The property is located at 299 Alhambra Circle 275m Coral Gables, FL.
What is the lease rate?
The lease rate is $4,254/Mo.
What are key features of this property?
This property features: Ground‑floor retail with 4 office floors; Flexible office layouts; Garage parking behind the building
More about this property
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