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Professional Office Suites for Lease
For Lease
$2,600/Mo

3940 SW 8th St 301, Coral Gables, FL 33134

Two office suites are available, each with a front desk, waiting area, and assigned parking.

Space SizeContact for details
Days on Market98

Property Features for 3940 SW 8th St 301

General Information

Standard status Active
Total Parking Spaces 8

Additional Details

Office Units 2

Building Details

Year Built 1974
Listing Agency: Compass Florida, LLC
Listed By: Marlily Macareno · License #3345556
Source: Thepennteam
Added: Jul 20 Changed: Oct 10 Last Checked: Oct 24 at 8:37PM

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 Compass Florida, LLC

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Investment Insights

Based on property information with market context.

This property offers two available professional office suites, each arranged around a front desk and waiting area. Suite one includes three private offices designed for a professional services team. Suite two provides two private offices and a functional layout suited for a smaller operation.

The location is just off SW 8th Street and Ponce de Leon Boulevard in Coral Gables, placing the offices within minutes of Downtown Coral Gables and Miracle Mile, along with dining, banking, and major business corridors.

On-site convenience includes two assigned parking spaces and six visitor parking spaces. Additional optional visitor parking is available along Ponce de Leon Boulevard, and water is included in the rent. Easy to show.

Key Highlights

  • Two office suites available in a 1974 building with a front desk and waiting area in each suite
  • Suite 1 includes a front desk, waiting area, and three private offices
  • Suite 2 includes a front desk, waiting area, and two private offices

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Pet Grooming Service Pet Store Grocery & Convenience Store Daycare Center Pet Store & Service 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

2
Office units
NNN (Triple Net)
Lease Type
$0.20 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,128
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

$39.77 /SF/Yr
Avg Asking Price
$1.07–$74.71 /SF/Yr
Price Range
16,989 SF
Avg Space Size

This space is priced 97% below the average of $39.77 /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

Frequently Asked Questions

What type of property is this?
Office unit - Two office suites are available, each with a front desk, waiting area, and assigned parking.
Where is this office unit located?
The property is located at 3940 SW 8th St 301 Coral Gables, FL.
What is the lease rate?
The lease rate is $2,600/Mo.
What are key features of this property?
This property features: Two office suites available in a 1974 building with a front desk and waiting area in each suite; Suite 1 includes a front desk, waiting area, and three private offices; Suite 2 includes a front desk, waiting area, and two private offices
More about this property
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