301 Altara Ave Coral Gables, FL 33146
- Retail space
- 252 SF
Current Use by Public Records
- Retail space
Property Details for 301 Altara Ave
- Year built
- 2019
- Property size
- 252 SF
- Zone code
- 6400:COMMERCIAL,CENTRAL
- Property type
- Retail space
- APN
- 03-4120-074-2280
- APU
- 341200742280
Description
This exceptional 1,597 square foot, Class A medical office space is available for lease in the prestigious Merrick Manor, a luxury mixed-use building in Coral Gables. Located on the ground floor, this single-tenant suite is fully built-out and move-in ready, featuring four treatment rooms, a reception and waiting area, one bathroom, and ample storage. The space is ideally suited for a variety of medical practices or other professional uses. Its prime location offers unparalleled visibility and accessibility, situated just steps from the upscale Shops at Merrick Park and the high-traffic intersections of Le Jeune Road and Bird Road. Merrick Manor itself boasts 227 luxury residences and 20,000 square feet of ground-floor retail space, creating a vibrant and thriving community. This ensures high foot traffic and exposure to a desirable demographic. The building is a ten-story structure with elevators, constructed in 2019. The surrounding area is home to numerous businesses and multinational corporations, making it an excellent location to establish or relocate your practice. This opportunity offers a unique blend of convenience, prestige, and high visibility within a thriving Coral Gables community. Don't miss this chance to secure a prime location in one of Coral Gables' most sought-after mixed-use developments.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $3,755,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $4,475,000
- 6.5%
- $4,880,000
- 7%
- $4,760,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $4,785,000
- Geo Method
- $4,115,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $5,355,000
- Retail
- $4,320,000
- Mixed-Use
- $5,060,000
- Hospitality
- $4,850,000
- Educational
- $5,015,000
- Residential Income
- $4,465,000
- Energy
- $4,595,000
- Income-Based Land
- $5,405,000
- Food Service
- $4,970,000
Location Insight
- Map
- Local Demand
- City
- Coral Gables
- County
- Miami-dade
- State
- Florida
- Longitude
- -80.2614
- Latitude
- 25.7333
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
