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    3971 8Th St Coral Gables, FL 33134

    For Lease
    $2 SF/Yr

    Prime Coral Gables Office: 11,660 sq ft

    Lot size:
    11,660 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 11,660-square-foot office space is available for lease in a single-tenant building located at 3971 SW 8th St #302, Coral Gables, Florida 33134. The property boasts a highly desirable location in the heart of Coral Gables, offering unparalleled access to major highways, providing easy commutes to Brickell and Downtown Miami. Its central position on SW 8th Street, between LeJeune Road and Douglas Road, places it at the gateway to Coral Gables, just minutes from Miami International Airport and the city's central business district. The building features a covered parking garage with assigned spaces for all tenants, ensuring convenient parking for employees and clients. This location benefits from excellent public transportation access, served by the Miami-Dade Metrorail and bus system, as well as the Coral Gables Trolley. Furthermore, the property's proximity to the regional headquarters of over 115 multinational companies makes it an ideal location for businesses seeking a prestigious and strategically advantageous address. The property is zoned 6100 and the APN is 01-41-05-077-0110. This is a triple net lease.

    Property Features for 3971 8Th St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    11,660 SF

    Unit(s) available at that property

    Space
    301-302
    Size
    11,660 SF
    Rate per SF
    $2

    HighLights

    • 11,660 SF single‑tenant office building available for lease at 3971 SW 8th St #302, Coral Gables, FL 33134.
    • Prime Coral Gables location with easy access to major highways, Brickell, and Downtown Miami.
    • Covered parking garage with assigned spaces.
    • Excellent public transportation access via Metrorail, bus system, and Coral Gables Trolley.
    • Triple net lease.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Coral Gables
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.2611853
    Latitude
    25.7646387

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Coral Gables Office: 11,660 sq ft
    Where is this office property / space located?
    The property is located at 3971 8Th St Coral Gables, FL.
    What is the lease rate?
    The lease rate is $2 SF/Yr.
    What are key features of this property?
    This property features: 11,660 SF single-tenant office building available for lease at 3971 SW 8th St #302, Coral Gables, FL 33134.; Prime Coral Gables location with easy access to major highways, Brickell, and Downtown Miami.; Covered parking garage with assigned spaces.
    Request Owner's contact information
    3971 8Th St Coral Gables, FL 33134
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3971 8Th St Coral Gables, FL 33134
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