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Ground-Floor Retail Suite
For Sale
$1,300,000

301 Altara Ave, Coral Gables, FL 33146

Commercial Sale, Coral Gables, FL

Property Size1,044 SF
Lot Size0.02 Acres
Price / SF$1,245
Days on Market140

Property Features for 301 Altara Ave

General Information

Property type Commercial Sale
Property subtype Retail
Zoning description 6400
Parking features On Street, Valet
Subdivision 41
Standard status Active
APN 03-41-20-074-2720
Lot size 0.02 Acres

Taxes and HOA fees

Tax Description MERRICK MANOR CONDO UNIT CU-3G UNDIV 0.1119% INT IN COMMON ELEMENTS OFF REC 31383-3897
Tax Annual Amount 16056
HOA Fee $1,070 Monthly
Legal Description MERRICK MANOR CONDO UNIT CU-3G UNDIV 0.1119% INT IN COMMON ELEMENTS OFF REC 31383-3897

Amenities

valet service
nail spa
fitness center

Building Details

Year built 2019
Flooring type Tile - Ceramic
Building materials Block
Listing Agency: Optimar International Realty
Listed By: Pola Berggrun · License #0508805
Added: May 6 Changed: Sep 12 Last Checked: Sep 22 at 3:06PM
MLS# A12013269

Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1,044-square-foot ground-floor retail space combines four units—CU-3G, CU-3H, CU-3I, and CU-3J—into a single commercial offering. The layout includes a reception area, waiting room, one bathroom, and a small kitchenette, with immediate occupancy available. Ceramic tile flooring and block construction are in place, and the property was built in 2019.

Valet and on-street parking options serve the property. The building includes 227 luxury residences and 20,000 square feet of retail space, with a nail spa and fitness center among the existing amenities. The property is near The Shops at Merrick Park and the intersections of Le Jeune Road and Bird Road.

Key Highlights

  • 1,044‑square‑foot ground‑floor commercial suite
  • Four combined units: CU‑3G, CU‑3H, CU‑3I, and CU‑3J
  • Reception area, waiting room, one bathroom, and small kitchenette

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Electrical Service Pharmacy Garden Center Tattoo & Piercing Shop Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,723
Businesses Nearby

Demographics for 33146, FL

16,468
Population
6,788
Households
2.4
Avg Household Size
29
Median Age
75%
College-Educated
98%
High-School Grad
3.1 sq mi
ZIP Area
5,312
Density / Sq Mi
$124,712
Median Household Income
$41,105
Median Earnings
$2,774
Median Rent
$1,141,800
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
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Reception, waiting, restroom, and kitchenette areas support office or commercial use.
Where is this retail space located?
The property is located at 301 Altara Ave Coral Gables, FL.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 1,044‑square‑foot ground‑floor commercial suite; Four combined units: CU‑3G, CU‑3H, CU‑3I, and CU‑3J; Reception area, waiting room, one bathroom, and small kitchenette
More about this property
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