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Property profile & analytics
OFF-MARKET
Retail space

301 Altara Ave CU-1A Coral Gables, FL 33146-1457

252 SF Built 2019
Entity Owned 3-yr Hold Free & Clear
Property ID
US18-6208167
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2019
Total area 252 SF
Zoning code 6400:COMMERCIAL,CENTRAL
APN 03-4120-074-2280
UPID US18-6208167
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
301 Altara Cu 1 LLC · 3 yrs held
301 Altara Cu 1 LLC
since 2023
Last sale
$4.5M
1 recorded transaction
2023
$4.5M
Zoning & alternative use
6400:COMMERCIAL,CENTRAL · Coral Gables, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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