Home » Properties » 299 Alhambra Cir # 510, Coral Gables FL 33134

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Office Space for Sale at 299 Alhambra Cir, Coral Gables

Commercial office space available at 299 Alhambra Circle, Coral Gables, offering flexible layouts and convenient location near major roads and Miracle Mile.

$11,749

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MLS #A11895297

Listing Updated: 2026-07-23 06:30:48

Listed By: Terranova Corp

Overview

Located at the intersection of Salzedo Street and Alhambra Circle, 299 Alhambra Circle is a prime commercial property in Coral Gables. Built in 1959, this office building features ground floor retail space and four floors of office suites. Tenants benefit from flexible office layouts, covered garage parking behind the building, and on-site property management. Its strategic location offers excellent connectivity to major roads, the airport, residential neighborhoods, and the vibrant Miracle Mile shopping district, making it a practical choice for businesses seeking convenience and accessibility in Coral Gables.

Property Highlights

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

Property Details

City: Coral Gables

State: FL

Zip Code: 33134

Address: 299 Alhambra Cir # 510, 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 # 510, Coral Gables FL 33134

About This Neighborhood

Situated in Coral Gables, this property benefits from a well-established business district known for its professional offices and retail amenities. The neighborhood combines a mix of commercial and residential spaces, offering convenience and accessibility. Nearby landmarks include Hyatt Hotels and prominent corporate tenants, contributing to a vibrant business environment. Coral Gables is recognized for its tree-lined streets and Mediterranean-style architecture, enhancing the overall appeal of the area.

Walkability & Lifestyle

The property is located near Miracle Mile, a vibrant area known for its walkable streets, shops, restaurants, and cultural venues. Residents and workers enjoy easy access to dining options, retail stores, and entertainment within walking distance. The nearby waterfront and parks provide additional recreational opportunities, enhancing daily convenience and lifestyle.

Things To Do Nearby

Coral Gables offers diverse activities including shopping at Miracle Mile, dining at upscale restaurants, and enjoying cultural attractions such as theaters and galleries. Outdoor enthusiasts can explore nearby parks and waterfront areas. The area also features marinas and golf courses, catering to a range of interests for both residents and visitors.

Nearby Schools

Coral Gables offers access to a variety of educational institutions ranging from public to private schools. While this property is commercial, its proximity to residential neighborhoods means convenient access to quality schools for employees and clients who may relocate nearby. The area supports families and professionals seeking balanced work and educational opportunities.

Why Buyers Like This Area

Buyers appreciate this Coral Gables location for its blend of professional environment and lifestyle amenities. The property's proximity to major roads, the airport, and a bustling retail district provides convenience and accessibility. Flexible office spaces and on-site management add practical value, making it suitable for various business needs. The neighborhood’s charm and established reputation enhance its appeal.

Investment Potential

This commercial office space in Coral Gables offers potential appeal for businesses seeking a strategic location with strong connectivity. The property's proximity to major roads, the airport, and residential communities supports steady tenant interest. Its flexible office layouts and on-site management add to its usability, making it suitable for a variety of professional uses. While market conditions vary, the location near Miracle Mile enhances its desirability for commercial occupancy.

Market Trends

The Coral Gables commercial real estate market maintains steady interest due to its strategic location and established business community. Demand for office spaces remains consistent, supported by proximity to downtown Miami and key transportation routes. Inventory levels reflect a balanced market, with properties like 299 Alhambra Circle attracting tenants who value accessibility and amenities. Long-term interest in Coral Gables supports stable market conditions for commercial properties.

Rental Income Potential

Office spaces in Coral Gables typically attract a range of tenants from professional services to corporate offices. The location near Miracle Mile and major transportation routes increases tenant demand. Seasonal fluctuations may occur, but the property's flexible layout and covered parking enhance its rental appeal. Prospective buyers should consider local market trends and tenant preferences when evaluating rental potential.