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Four-Story Medical Office Building
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401 Coral Way, Coral Gables, FL 33134

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

Space Size400 SF
Days on Market321

Property Features for 401 Coral Way

General Information

Standard status Active
Size 400 SF
Property subtype OFFICE
Lease Type Full Service

Spaces For Lease

at 401 Coral Way Contact us

401 Coral Way $84/SF/Yr

Floor
4
Size
400 SF
Type
OFFICE
Lease Type
FULL_SERVICE
Availability
AVAILABLE, Now
Sublease
No
- Iconic four-story medical and office building Suites available with full-service...
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Listing Agency: Lee & Associates | Miami
Listed By: Bert Checa · License ##SL3085421
Source: Moodyscre
Added: Oct 28, 2025 Changed: Sep 2 Last Checked: Sep 12 at 8:39AM

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

Investment Insights

Based on property information with market context.

Iconic four-story medical and office building offering available suites under full-service lease terms. The property features reinforced concrete construction, sprinklered systems, and two elevators servicing the building.

Suite configurations support multi-tenant occupancy with long-term medical and retail tenants. The building provides 85 surface parking spaces, and includes on-site property management.

Designed for commercial use, the facility offers 12' slab-to-slab ceiling height, which can support a variety of office and medical environments within a modern, reinforced concrete structure.

Key Highlights

  • Four‑story medical and office building with multi‑tenant occupancy and long‑term medical and retail tenants
  • Two elevators and 12' slab‑to‑slab ceiling height in the office/suite spaces
  • Reinforced concrete building design

Property Analytics

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Current Use

Office buildings

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

NNN (Triple Net)
Lease Type
$12.60 /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
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Market

Lease Benchmarks for Coral Gables, FL

$13.41 /SF/Yr
Avg Asking Price
$1.54–$40 /SF/Yr
Price Range
17,387 SF
Avg Space Size

This space is priced 527% above the average of $13.41 /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 - Four-story medical and office building with two elevators, 12' slab-to-slab ceilings, and 85 surface parking spaces.
Where is this office building located?
The property is located at 401 Coral Way Coral Gables, FL.
What is the lease rate?
The lease rate is $84 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 and 12' slab‑to‑slab ceiling height in the office/suite spaces; Reinforced concrete building design
(786) 473-9227 Call to check price and availability
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