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Two-Story Office Building

329 Palermo Ave, Coral Gables, FL 33134

For Lease
Contact for pricing

The property includes on-site covered parking and was updated in 2022.

Space Size9,958 SF
Days on Market27

Property Features for 329 Palermo Ave

General Information

Standard status Active
Size 9,958 SF
Net Rentable 9,958 SF
Property subtype Office

Space & Availability

Available Space 9,958 SF
Contiguous Space 9,958 SF
Space Use Office

Site & Location

Neighborhood Downtown Coral Gables

Amenities

covered parking

Building Details

Year Renovated 2022
Stories 2
Building Size 9,958 SF

Spaces For Lease

at 329 Palermo Ave
#101 Active
Size 9,958 SF
Contact us
Listing Agency: Manny Chamizo #1 Sotheby's Commercial Broker
Listed By: Manny Chamizo · License FL #0479698
Source: Crexi
Added: Oct 15 Changed: Nov 8 Last Checked: Nov 10 at 8:26AM

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 Manny Chamizo #1 Sotheby's Commercial Broker

Rey
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Investment Insights

Based on property information with market context.

At 329 Palermo Avenue, this two-level office building provides 9,958 square feet of space and was updated in 2022. Covered parking is available on site.

The property is in Coral Gables’ Central Business District, a few blocks from Miracle Mile and The Plaza.

Key Highlights

  • 9,958‑square‑foot office building arranged across two floors
  • Updated in 2022
  • Covered parking on site

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office buildings

Suggested Use

Top Pick Butcher (Bike/Boat/Book/etc) Store Grocery & Convenience Store Mobile Phone Store Tanning Salon Restaurant

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

7,915
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

Lease Benchmarks for Coral Gables, FL

$15.29 /SF/Yr
Avg Asking Price
$1.54–$54.52 /SF/Yr
Price Range
25,532 SF
Avg Space Size

Properties on Market for Office buildings in Coral Gables

Jul
Aug
Sep
Oct

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?
Office building - The property includes on-site covered parking and was updated in 2022.
Where is this office building located?
The property is located at 329 Palermo Ave Coral Gables, FL.
What are key features of this property?
This property features: 9,958‑square‑foot office building arranged across two floors; Updated in 2022; Covered parking on site
(786) 486-6655 Call to check price and availability
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