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Coral Gables Office Building For Sale
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306 Alcazar Ave, Coral Gables, FL 33134

Coral Gables office building with owner financing available.

Property Size35,484 SF
Price / SF$253.63
Days on Market905

Property Features for 306 Alcazar Ave

General Information

Standard status Active
Size 35,484 SF
Property subtype Office
Zoning MX3
Listing Agency: First Service Realty ERA
Listed By: Alejandro Clemente · License #0485256
Source: Crexi
Added: Feb 15, 2024 Changed: Aug 8 Last Checked: Aug 8 at 4:18AM

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 First Service Realty ERA

Investment Insights

Based on property information with market context.

This Coral Gables office building presents an opportunity for owner-occupiers, investors, or developers. The building features a gross living area of 35,484 square feet and an adjusted living area of 25,032 square feet. It includes 40 parking spaces under roof. The property contains 12 fully occupied offices and has a new elevator. The building has passed its 40-year recertification. Owner financing is available with 30% down at competitive terms.

Key Highlights

  • Owner financing available with 30% down at competitive terms.
  • Located in Coral Gables.
  • Boasting a gross living area of 35,484 sqft and an adjusted living area of 25,032 sqft.

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Grocery & Convenience Store (Bike/Boat/Book/etc) Store Electrical Service Pet Store Restaurant Pet Grooming Service

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

8,416
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
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Coral Gables office building with owner financing available.
Where is this office building located?
The property is located at 306 Alcazar Ave Coral Gables, FL.
What is the asking price?
The asking price for this property is $8,999,900.
What are key features of this property?
This property features: Owner financing available with 30% down at competitive terms.; Located in Coral Gables.; Boasting a gross living area of 35,484 sqft and an adjusted living area of 25,032 sqft.
(305) 551-9400 Call to check price and availability
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