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Iconic Medical Office Building
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401 Coral Way, Coral Gables, FL 33134

Four-story medical and office building offers two elevators, 12-foot slab-to-slab ceilings, and 85 surface parking spaces.

Space Size850 SF
Days on Market374

Property Features for 401 Coral Way

General Information

Standard status Active
Size 850 SF
Total Parking Spaces 85
Property subtype OFFICE
Lease Type Full Service

Site & Location

Neighborhood Downtown Coral Gables

Warehouse & Industrial

Clear Height 12 ft
Sprinkler System Yes

Amenities

elevators
on-site property management

Building Details

Stories 4
Construction reinforced concrete
Tenancy Multi

Spaces For Lease

at 401 Coral Way
401 Coral Way $60/SF/Yr
Floor 2
Size 850 SF
Type OFFICE
Lease Type FULL_SERVICE
Availability AVAILABLE, Now
Sublease No
- Iconic four-story medical and office building Suites available with full-service lease terms Exceptional office design with reinforced concrete - Two elevators and 12' slab-to-slab ceiling height - 85 surface parking spaces; 1.00/1,000 SF parking ratio - Sprinklered building with on-site property management - Multi-tenant occupancy with long-term medical and retail tenants
Contact us
Listing Agency: Lee & Associates | Miami
Listed By: Bert Checa · License ##SL3085421
Source: Moodyscre
Added: Oct 28, 2025 Changed: Oct 25 Last Checked: Nov 4 at 3:26PM

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 Lee & Associates | Miami

Rey
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Investment Insights

Based on property information with market context.

This four-story medical and office building features reinforced concrete construction, sprinklered systems, and an elevated office design with 12' slab-to-slab ceiling height. Two elevators serve the building, and suites are available under full-service lease terms. The property also includes on-site property management and offers a multi-tenant environment with long-term medical and retail tenants.

The building provides 85 surface parking spaces with a 1.00/1,000 SF parking ratio, supporting everyday employee and client access.

With its medical office orientation, elevator service, and full-service leasing structure, the property is designed to accommodate office and medical tenants looking for turnkey building operations.

Key Highlights

  • Four‑story medical and office building with multi‑tenant occupancy and long‑term medical and retail tenants
  • Two elevators plus 12' slab‑to‑slab ceiling height
  • Reinforced concrete building construction with sprinkler system

Property Analytics

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

Current Use

Office Units

Suggested Use

Top Pick Grocery & Convenience Store (Bike/Boat/Book/etc) Store Florist Restaurant Locksmith Pet Store

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

12 ft
Clear height
Multi-tenant
Tenancy
Yes
Sprinkler system
NNN (Triple Net)
Lease Type
$9.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

8,637
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

$35.42 /SF/Yr
Avg Asking Price
$1.07–$74.71 /SF/Yr
Price Range
23,128 SF
Avg Space Size

This space is priced 69% above the average of $35.42 /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 - Four-story medical and office building offers two elevators, 12-foot slab-to-slab ceilings, and 85 surface parking spaces.
Where is this office unit located?
The property is located at 401 Coral Way Coral Gables, FL.
What is the lease rate?
The lease rate is $60 SF/Yr.
What are key features of this property?
This property features: Four‑story medical and office building with multi‑tenant occupancy and long‑term medical and retail tenants; Two elevators plus 12' slab‑to‑slab ceiling height; Reinforced concrete building construction with sprinkler system
(786) 473-9227 · Office Call to check price and availability
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