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Mixed-Use Property with Office Floors
New
For Lease
$25,338

299 Alhambra Cir 501/503, Coral Gables, FL 33134

Ground-floor retail is paired with four office floors and flexible layouts.

Space SizeContact for details
Days on Market3

Property Features for 299 Alhambra Cir 501/503

General Information

Standard status Active

Additional Details

Space Use Office

Amenities

garage parking
on site property management

Building Details

Year Built 1959
Stories 5
Tenancy Multi
Listing Agency: Terranova Corp
Listed By: Mindy Mcilroy · License #A11895122
Source: Mymiahomes
Added: Aug 8 Changed: Aug 9 Last Checked: Aug 10 at 7:59AM

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 mixed-use property combines ground-floor retail with four office floors. The building provides flexible office layouts, garage parking behind the property, and on-site property management. Constructed in 1959, the asset offers a multi-level commercial configuration at the intersection of Salzedo Street and Alhambra Circle.

The property is near major roads, Miami International Airport, residential communities, and Miracle Mile. Neighboring tenants include FIFA, The Coral Gables Trust, Hyatt Hotels, and The Allen Morris Company. Its Coral Gables setting places office and retail space within an established commercial environment with access to nearby transportation and community destinations.

Key Highlights

  • 62,327‑square‑foot mixed‑use property with ground‑floor retail and 4 office floors
  • Flexible office layouts for varied workplace configurations
  • 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

Multi-tenant
Tenancy
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

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?
Mixed-use property - Ground-floor retail is paired with four office floors and flexible layouts.
Where is this mixed-use property located?
The property is located at 299 Alhambra Cir 501/503 Coral Gables, FL.
What is the lease rate?
The lease rate is $25,338.
What are key features of this property?
This property features: 62,327‑square‑foot mixed‑use property with ground‑floor retail and 4 office floors; Flexible office layouts for varied workplace configurations; Garage parking behind the building
More about this property
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