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    301 Altara Ave Coral Gables, FL 33146

    For Lease
    $70 SF/Yr

    High-end showroom, prime location, 4,488 SF

    Lot size:
    286,906 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 4,488 square foot retail space is located in the prestigious Coral Gables submarket of Florida, at 301 Altara Avenue, corner of Le Jeune Road, in a 2019-built building (totaling 286,906 square feet). The single-tenant space boasts a prime corner location offering unparalleled visibility and accessibility. Its strategic placement provides easy access to the affluent Coral Gables community, with over 1,000 residential units within walking distance. The property's proximity to major thoroughfares like Bird Road and Ponce de Leon Boulevard further enhances its appeal and accessibility. This second-generation, high-end luxury showroom space is perfect for a variety of uses, including high-end restaurants, retail showrooms, or medical practices. The interior space measures 4,488 square feet, complemented by an additional 1,836 square feet of exterior space, providing ample room for operations and potential outdoor seating or display areas. The property's modern design and prime location make it an ideal investment opportunity for discerning businesses seeking a prominent presence in Coral Gables. The space is classified as storefront retail/office. Zip code is 33146.

    Property Features for 301 Altara Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    286,906 SF
    Total Rate
    1673618.33

    Building Details

    Year Built
    2019

    Unit(s) available at that property

    Space
    Size
    4,488 SF
    Rate per SF
    $70

    HighLights

    • 4,488 SF retail space in a prime Coral Gables location at 301 Altara Avenue, corner of Le Jeune Road.
    • High‑visibility corner location with excellent walkability, steps from Shops of Merrick Park.
    • Over 1,000 residential units within walking distance, serving a dense, affluent population.
    • Prestigious, 2nd‑generation luxury showroom space in a 2019‑built building (286,906 SF total).
    • Versatile space suitable for retail, showroom, medical office, restaurant, or professional services; includes 1,836 SF of exterior space.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

    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
    -80.2617956
    Latitude
    25.7336441

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    FAQs

    What type of property is this?
    Retail property - High-end showroom, prime location, 4,488 SF
    Where is this retail property located?
    The property is located at 301 Altara Ave Coral Gables, FL.
    What is the lease rate?
    The lease rate is $70 SF/Yr.
    What are key features of this property?
    This property features: 4,488 SF retail space in a prime Coral Gables location at 301 Altara Avenue, corner of Le Jeune Road.; High-visibility corner location with excellent walkability, steps from Shops of Merrick Park.; Over 1,000 residential units within walking distance, serving a dense, affluent population.
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    301 Altara Ave Coral Gables, FL 33146
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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
    301 Altara Ave Coral Gables, FL 33146
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