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Mixed-Use Retail and Office Building
For Lease
$5,563/Mo

405-299 Alhambra Cir, Coral Gables, FL 33134

Ground-floor retail with four office floors, flexible layouts, and garage parking for convenient tenant access.

Space SizeContact for details
Days on Market59

Property Features for 405-299 Alhambra Cir

General Information

Standard status Active

Building Details

Stories 4
Listing Agency: Terranova Corp
Listed By: Mindy Sue Mcilroy · License #3554513
Source: Exprealty
Added: Jun 9 Changed: Jul 10 Last Checked: Jul 31 at 2:48PM

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 Terranova Corp

Investment Insights

Based on property information with market context.

299 Alhambra Circle is a mixed-use building with ground floor retail and four office floors. The property offers flexible office layouts designed to support a range of business needs. On-site property management is available, and parking is provided in a garage behind the building as well as on site.

The building is located at the intersection of Salzedo Street and Alhambra Circle in Coral Gables, Florida. The area is positioned near major roads and the airport, with access to residential communities and Miracle Mile. Neighboring tenants include FIFA, The Coral Gables Trust, Hyatt Hotels, The Allen Morris Company, and others.

This configuration can work well for office tenants seeking a central setting with on-site management and parking available on the property. The mix of ground floor retail and multiple office levels may also appeal to businesses that benefit from a walk-up environment while maintaining flexible interior layouts for day-to-day operations.

Key Highlights

  • Located at the intersection of Salzedo Street and Alhambra Circle in Coral Gables, FL
  • Property includes ground‑floor retail plus four office floors
  • Flexible office layouts

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Grocery & Convenience Store (Bike/Boat/Book/etc) Store Electrical Service Pet Store Restaurant Pet Grooming Service

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

8,416
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

$9.06 /SF/Yr
Avg Asking Price
$0.65–$29.47 /SF/Yr
Price Range
16,116 SF
Avg Space Size

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 - Ground-floor retail with four office floors, flexible layouts, and garage parking for convenient tenant access.
Where is this office building located?
The property is located at 405-299 Alhambra Cir Coral Gables, FL.
What is the lease rate?
The lease rate is $5,563/Mo.
What are key features of this property?
This property features: Located at the intersection of Salzedo Street and Alhambra Circle in Coral Gables, FL; Property includes ground‑floor retail plus four office floors; Flexible office layouts
More about this property
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