Home » Properties » 299 Alhambra Cir # 405, Coral Gables FL 33134

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Office Space for Rent at 299 Alhambra Cir #405, Coral Gables

Flexible office space available for rent in a prime Coral Gables location near major roads and Miracle Mile.

$5,563

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MLS #A11895230

Listing Updated: 2026-07-23 06:28:40

Listed By: Terranova Corp

Overview

Located at the intersection of Salzedo Street and Alhambra Circle, 299 Alhambra Circle offers a sought-after office environment in Coral Gables, Florida. This property features ground floor retail and four floors of office space with flexible layouts to accommodate various business needs. Tenants benefit from covered garage parking behind the building and on-street parking options. The building is managed on-site, ensuring responsive service and maintenance. Its proximity to major roads, the airport, residential neighborhoods, and the vibrant Miracle Mile district provides excellent connectivity and convenience for businesses.

Property Highlights

Prime Coral Gables office location; Flexible office layouts; Covered garage and on-street parking; On-site property management; Close to major roads and Miracle Mile.

Property Details

City: Coral Gables

State: FL

Zip Code: 33134

Address: 299 Alhambra Cir # 405, Coral Gables FL 33134

Year Built: 1959

Property Type: Commercial Sale

Property Sub Type: Office

Listing Office Name: Terranova Corp

County: Miami-Dade County

Garage Spaces:

Parking Features: Covered, On Street

Interior Features:

Exterior Features:

Waterfront: No

Pool: No

HOA Fee: $0

Annual Tax: $165,067

Days On Market: 248 Days

Original Listing Description

299 Alhambra Circle is located at the intersection of Salzedo Street and Alhambra Circle, a desired location for top office buildings in Coral Gables, Florida. Neighboring tenants include FIFA, The Coral Gables Trust, Hyatt Hotels, The Allen Morris Company and many more. The property is comprised of ground floor retail and 4 office floors. 299 Alhambra Circle offers flexible office layouts, garage parking behind the building and on site property management. It's position near major roads, the airport, residential communities, and Miracle Mile offers extreme convenience and connectivity to its tenants.

Property Location

Explore the surrounding area, nearby amenities, and neighborhood access for this property.

299 Alhambra Cir # 405, Coral Gables FL 33134

About This Neighborhood

Situated in Coral Gables, this property benefits from a well-established commercial neighborhood known for its mix of office buildings, retail, and hospitality venues. The area combines business activity with a pleasant urban environment, featuring nearby residential communities and the popular Miracle Mile shopping and dining district. This blend creates a dynamic setting that supports both daytime business operations and after-hours socializing, making it a desirable location for companies and their employees.

Walkability & Lifestyle

The location offers good walkability with access to restaurants, shops, and services along Miracle Mile. Nearby residential areas allow employees to enjoy a pedestrian-friendly environment. The proximity to waterfront parks and recreational spaces adds to the lifestyle appeal. Covered and on-street parking options also support convenient access for visitors and staff.

Things To Do Nearby

Coral Gables provides a range of activities including dining at diverse restaurants, shopping along Miracle Mile, and enjoying cultural venues. Outdoor enthusiasts can visit nearby parks and waterfront areas for relaxation and recreation. The area’s vibrant social scene and business-friendly environment offer a balanced mix of work and leisure opportunities.

Nearby Schools

While this property is commercial, its location in Coral Gables provides easy access to reputable schools in the area. Families and employees living nearby benefit from a variety of educational options, contributing to the community’s overall attractiveness. The convenience of nearby schools supports a balanced work-life environment for businesses and their staff.

Why Buyers Like This Area

Buyers and tenants appreciate this location for its combination of accessibility, professional atmosphere, and nearby amenities. The presence of established businesses and easy access to transportation routes enhances its appeal. Flexible office layouts and parking options meet diverse business needs, while the vibrant Coral Gables community adds lifestyle value.

Investment Potential

This office space in Coral Gables offers a strategic location for businesses seeking visibility and accessibility. Its proximity to major roads and the airport enhances tenant appeal, making it suitable for companies looking for a professional setting in a vibrant commercial district. The presence of established neighbors like FIFA and Hyatt Hotels adds to the prestige of the location. While rental income depends on market conditions, the property’s flexible layouts and parking amenities support diverse tenant needs, contributing to steady demand.

Market Trends

Coral Gables continues to attract businesses due to its strategic location and quality commercial spaces. The office market here reflects steady demand, supported by limited new construction and strong interest from professional firms. Properties near key transportation routes and amenities like Miracle Mile maintain competitive appeal. Market trends indicate a balanced environment where tenants seek flexible spaces with convenient parking and management services, aligning well with the offerings at 299 Alhambra Circle.

Rental Income Potential

The office space at 299 Alhambra Circle is positioned to attract a range of tenants due to its flexible layouts and prime location. Its proximity to major roads and local amenities supports consistent tenant interest. Seasonal demand may fluctuate, but the area’s business activity and nearby corporate neighbors contribute to ongoing rental appeal. Potential renters value the covered parking and on-site management, which enhance usability and tenant satisfaction.