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    255 Alhambra Cir Coral Gables, FL 33134-7411
    Property profile & analytics

    255 Alhambra Cir, Coral Gables, FL 33134-7411

    View on Map

    • Office buildings
    • 232,258 SF
    • 1.28 lot acres
    Off-Market
    Last Sale Aug 29, 2023
    $54,395,400
    Property ID
    US18-5768819
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $40,060,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office buildings

    Property Details for 255 Alhambra Cir

    Year built
    1972
    Construction
    CONCRETE
    Lot size
    1.28 lot acres
    Zone code
    6600:COMMERCIAL,LIBERAL
    Property type
    Office buildings
    APN
    03-4108-006-1920
    APU
    341080061920

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Feb 6, 2026 — Thomas Cole & Morgan LLC — Deed · related $700k · Bgicap I LLC
    Aug 29, 2023 $54,395,400 255 Alhambra Venture LLC Rreef America Reit It Corp Zzzz Special Warranty Deed $1M · Popular Bank
    Aug 10, 2006 $44,925,000 Rreef America Reit II Corp Zzzz Blumberg Invest/alhambra LP Special Warranty Deed —

    Description

    This exceptional Class A office space, located at 255 Alhambra Cir #1150 in Coral Gables, Florida, offers a sublease opportunity until October 2025. The available space totals 56,567 square feet within a larger 221,335 square foot building, situated on 1.28 acres of land. Built in 1974 and renovated in 1993, the building boasts impressive amenities including 565 parking spaces (a 2.55/1,000 SF ratio), elevators, and a prime location in the Coral Gables Central Business District. The sublease includes a high-end conference room adjacent to a sophisticated reception area. The space itself is a corner unit with abundant natural light and is conveniently located directly outside an elevator landing. The sublessor is flexible and will consider subleasing the entire space or portions thereof, including a 160 square foot option ideal for a single attorney. The asking rate encompasses all operating expenses, excluding applicable sales taxes. The building's zoning is 5005, and its APN is 03-41-08-006-1920. This is a single-tenant occupancy within a building featuring both traditional office and coworking spaces.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $28,790,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $46,741,000
      Market price range: $39.2M - $136M
    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $66,665,000
      WAREHOUSE, STORAGE
      $63,850,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Coral Gables
    County
    Miami-dade
    State
    Florida
    Longitude
    -80.2601
    Latitude
    25.7526
    CBSA code
    33100
    CBSA name
    MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $907,241
    $16,789,800
    $36,310,200
    $53,100,000
    -
    $16,789,800
    $36,310,200
    $53,100,000
    More about this property
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