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Property profile & analytics
FOR LEASE
Office buildings

255 Alhambra Cir Coral Gables, FL 33134

232,258 SF 1.28 ac lot Built 1972
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US18-5768819
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1972
Construction CONCRETE
Total area 232,258 SF
Lot 1.28 ac (55,966 SF)
Zoning code 6600:COMMERCIAL,LIBERAL
APN 03-4108-006-1920
UPID US18-5768819
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$46.74M
Blend (final) Blend
$40.06M
Owner & transaction history
255 Alhambra Venture LLC · 2 yrs held
255 Alhambra Venture LLC
since 2023
Last sale
$54.4M
3 recorded transactions
2026
Price N/A
2023
$54.4M
2006
$44.9M
Zoning & alternative use
6600:COMMERCIAL,LIBERAL · Coral Gables, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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