301 Altara Ave CU-1A Coral Gables, FL 33146-1457
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
6400:COMMERCIAL,CENTRAL · Coral Gables, FLCoral Gables. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.