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Mixed-Use Building with Ground-Floor Retail
New
For Lease
$25,338

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

Four office floors are supported by rear garage parking and on-site property management.

Space SizeContact for details
Property Size62,327 SF
Days on Market3

Property Features for 299 Alhambra Cir #501/503

General Information

Standard status Active
Size 62,327 SF
Zoning 5005

Site & Location

Neighborhood Downtown Coral Gables

Additional Details

Space Use Office

Taxes and HOA fees

Annual Taxes $165,067

Amenities

garage parking
on site property management

Building Details

Building Size 62,327 SF
Year Built 1959
Stories 5
Units 45
Listing Agency: Terranova Corp
Listed By: Mindy Mcilroy · License #3554513
Source: Futureoptionrealty
Added: Oct 23 Changed: Oct 24 Last Checked: Oct 24 at 3:15PM

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.

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 dates to 1959, and the office layouts are flexible. Garage parking is located behind the building, with property management on site.

The property stands at the intersection of Alhambra Circle and Salzedo Street. Nearby businesses and organizations include FIFA, The Coral Gables Trust, Hyatt Hotels, and The Allen Morris Company. Miracle Mile, residential communities, major roads, and the airport are also identified as nearby area features.

Key Highlights

  • 62,327‑square‑foot mixed‑use property
  • Ground‑floor retail with four office floors
  • Built in 1959

Property Analytics

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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

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

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?
Mixed-use property - Four office floors are supported by rear garage parking and on-site property management.
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; Ground‑floor retail with four office floors; Built in 1959
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