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Penthouse Office Suite With Terrace
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550 Biltmore Way, Coral Gables, FL 33134

Penthouse office features an outdoor terrace and a clinic/medical-ready layout within a Class A office building.

Property Size3,418 SF
Days on Market48

Property Features for 550 Biltmore Way

General Information

Standard status Active
Size 3,418 SF
Class A
Property subtype OFFICE

Additional Details

Space Use Office

Amenities

balconies
large terraces
on-site management
24-hour staffed security
card-entry security system
valet parking
café
high-end hair salon
Wi-Fi enabled lobby lounge area
ATM

Building Details

Building Size 163,000 SF
Construction Mediterranean Revival
Parking Ratio 2.5 per 1,000 SF
Listing Agency: Colliers | Miami
Listed By: Maggie Kurtz
Source: Moodyscre
Added: Jun 16 Changed: Jul 31 Last Checked: Aug 2 at 11:59AM

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 Colliers | Miami

Investment Insights

Based on property information with market context.

550 Biltmore Way offers office suites in a Class “A” office building, including a penthouse office of approximately 3,347 RSF with an outdoor terrace and a clinic/medical-ready layout. Suites throughout feature efficient, flexible floor plans suitable for executive teams and specialty practices.

The building is undergoing a lobby refresh and remodel, with updated common areas and improved wayfinding as part of a strategic repositioning. On-site management and hospitality-style amenities support daily operations, including a valet service, café, and an inviting Wi-Fi enabled lobby lounge area.

Security is available with 24-hour staffed security and a card-entry security system, along with covered parking provided at 2.50/1,000 SF. The property is set in the heart of Coral Gables, steps from the historic Biltmore Hotel and moments from Miracle Mile, with easy connectivity to major thoroughfares and Miami International Airport.

Key Highlights

  • Class “A” office building totaling 163,000 square feet
  • Penthouse office of approximately 3,347 RSF with an outdoor terrace
  • Clinic/medical‑ready layout within the penthouse suite

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Grocery & Convenience Store (Bike/Boat/Book/etc) Store Locksmith Pet Store Nursing Home Electrical 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

8,336
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

$50.56 /SF/Yr
Avg Asking Price
$1.35–$134 /SF/Yr
Price Range
15,082 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 units - Penthouse office features an outdoor terrace and a clinic/medical-ready layout within a Class A office building.
Where is this office units located?
The property is located at 550 Biltmore Way Coral Gables, FL.
What are key features of this property?
This property features: Class “A” office building totaling 163,000 square feet; Penthouse office of approximately 3,347 RSF with an outdoor terrace; Clinic/medical‑ready layout within the penthouse suite
(305) 372-8206 Call to check price and availability
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