Financial
Distress signals
Property profile

299 Alhambra Cir 275M Coral Gables, FL 33134

FOR SALE
Office buildings
Property ID
US18-8475229
62,327 SF 0.34 ac lot Built 1958
Last sale Aug 2024 · $600,100
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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299 Alhambra Cir,Unit 275M, Coral Gables, FL 33134 For Sale
$12,500,000 62,327 SF
299 Alhambra Cir,Unit 275M, Coral Gables, FL 33134
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Property summary

AI-generated overview

299 Alhambra Circle is a mixed-use building in Coral Gables, Florida, configured with ground-floor retail space and four office floors. The office levels include flexible floor layouts intended to support a range of tenant configurations. Access to the property includes garage parking located behind the building, and the building has on-site property management. The property is located at the intersection of Salzedo Street and Alhambra Circle, in proximity to major roadways, the airport, residential communities, and the Miracle Mile area.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$160k
Tax billed · 2023
Assessed value$9.90M
Assessed land$4.41M
Assessed improvement$5.49M
Effective rate1.61%

Value estimate

· Sep 2026
$12.50M
$11.25M – $13.75M
AI approach$12.50M
Sales comparison$10.51M
NOI build-up
Gross scheduled income$1.65M
Vacancy & credit loss−$140k
Operating expenses−$452k
NOI · 24,774.33% cap applied$1.05M

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$343/SF
ZIP average, outlier-cleaned · 148 recorded sales of this use type
Observed band · Q1–Q3$169 – $584
Qualifying comparables3

Cap rate analysis

How does the asset earn?
24,774.33%
$1.05M estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
6400:COMMERCIAL,CENTRAL
JurisdictionDADE

Location intelligence

Which uses thrive at this corner?
Best fit: Convenience Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Convenience Store9.5
Electrical Service8.8
Bike Shop8.5

Location

299 Alhambra Cir, Unit 275M Coral Gables, FL 33134
County assessor Recorded deeds · 12 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2 Alhambra Plzplaza, Coral Gables, FL 33134-5202 $119,600,000 Jan 2026 325,353 SF
169 Miracle Milecu, Coral Gables, FL 33134-5412 $52,800,000 Dec 2025 186,795 SF
3195 Ponce De Leon, Coral Gables, FL 33134-6801 $7,600,000 Jul 2025 25,784 SF
255 University, Coral Gables, FL 33134-6732 $7,500,000 May 2025 10,742 SF
4343 Flagler, Coral Gables, FL 33134-1586 $4,000,000 Jan 2025 56,853 SF
100 Almeria, Coral Gables, FL 33134-6023 $2,250,000 Oct 2024 40,541 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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