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Office Building with Private Offices
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337 Palermo Ave, Coral Gables, FL 33134

Professional layout with private offices, high ceilings, custom built-ins, kitchen, and on-site parking.

Space Size1,920 SF
Days on Market152

Property Features for 337 Palermo Ave

General Information

Standard status Active
Size 1,920 SF
Total Parking Spaces 3
Property subtype Office

Building Details

Year Built 1953
Tenancy Single

Spaces For Lease

at 337 Palermo Ave Contact us

Available Space

Size
1,920 SF
Type
Office
Availability
Active
Contact us
Listing Agency: BHHS EWM Realty
Listed By: Ana De Collongette · License #0440079
Source: Crexi
Added: Apr 3 Changed: Aug 31 Last Checked: Sep 1 at 10:58AM

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 BHHS EWM Realty

Investment Insights

Based on property information with market context.

This 1953 office building offers over 1,900 sf arranged around five private offices, with room for a sixth. The interior includes a foyer entry, high ceilings, custom built-ins, a kitchen, two bathrooms, and a dedicated equipment room. Three parking spaces are located behind the building, with three additional leased parking spaces from the City.

Situated in downtown Coral Gables, the property provides a distinctive professional setting within an established urban business environment. Its combination of enclosed offices, support areas, and parking creates a functional configuration for office use.

Key Highlights

  • Over 1,900 sf office building constructed in 1953
  • Five private offices with potential for a sixth
  • Foyer entrance, kitchen, two bathrooms, and equipment room

Property Analytics

Current Use

Office buildings

Suggested Use

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

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
$10.78 /SF/Yr
CAM

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

Market

Lease Benchmarks for Coral Gables, FL

$8.3 /SF/Yr
Avg Asking Price
$1.07–$40 /SF/Yr
Price Range
32,367 SF
Avg Space Size

This space is priced 766% above the average of $8.3 /SF/Yr.

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?
Office building - Professional layout with private offices, high ceilings, custom built-ins, kitchen, and on-site parking.
Where is this office building located?
The property is located at 337 Palermo Ave Coral Gables, FL.
What is the lease rate?
The lease rate is $71.88 SF/Yr.
What are key features of this property?
This property features: Over 1,900 sf office building constructed in 1953; Five private offices with potential for a sixth; Foyer entrance, kitchen, two bathrooms, and equipment room
More about this property
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