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

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299 Alhambra Cir Office Space in Coral Gables

Prime office building at 299 Alhambra Cir, Coral Gables with retail and flexible office layouts near major roads and Miracle Mile.

$25,338

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MLS #A11895278

Listing Updated: 2026-07-23 06:29:45

Listed By: Terranova Corp

Overview

Located at the intersection of Salzedo Street and Alhambra Circle, 299 Alhambra Circle is a well-positioned commercial office property in Coral Gables, Florida. The building features ground floor retail space with four additional floors of flexible office layouts, suitable for various business needs. Tenants benefit from covered and on-street parking options, as well as on-site property management. Its proximity to major roads, the airport, residential neighborhoods, and the vibrant Miracle Mile district provides excellent convenience and connectivity for businesses operating here. Neighboring prominent tenants include FIFA, Hyatt Hotels, and The Coral Gables Trust, highlighting the building’s prestigious location.

Property Highlights

Prime Coral Gables office building with retail and office space, flexible layouts, covered and street parking, on-site management, near Miracle Mile and major roads.

Property Details

City: Coral Gables

State: FL

Zip Code: 33134

Address: 299 Alhambra Cir, 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, Coral Gables FL 33134

About This Neighborhood

Situated in Coral Gables, this property benefits from a prestigious business district known for its established office buildings and corporate tenants. Coral Gables combines a professional environment with convenient access to residential communities and commercial hubs like Miracle Mile. The neighborhood supports a mix of retail, hospitality, and office uses, creating a dynamic atmosphere for businesses. Its proximity to cultural venues and dining options also enhances the appeal for employees and clients alike, reinforcing Coral Gables as a prime location for commercial real estate.

Walkability & Lifestyle

The location at 299 Alhambra Circle provides excellent walkability to nearby amenities including restaurants, shops, and entertainment along Miracle Mile. Employees and visitors can enjoy a pedestrian-friendly environment with access to cafes, retail stores, and cultural venues. The nearby waterfront areas and parks offer outdoor recreational opportunities, contributing to a balanced lifestyle. Easy access to public transportation and major roads further enhances daily convenience for tenants and clients.

Things To Do Nearby

Coral Gables is known for its vibrant lifestyle options, including fine dining, boutique shopping, and cultural attractions. Near 299 Alhambra Circle, tenants can explore Miracle Mile’s restaurants and shops or enjoy nearby parks and waterfront activities. The area supports boating, golf, and nightlife, providing a rich variety of leisure and entertainment choices. This blend of business and lifestyle amenities makes Coral Gables a desirable location for professionals and visitors alike.

Nearby Schools

Coral Gables offers access to a variety of educational institutions ranging from public to private schools, providing convenience for employees and business owners with families. The area’s well-regarded schools contribute to the community’s desirability and support a balanced work-life environment. Proximity to educational facilities enhances the overall appeal of the neighborhood for professionals relocating with families or seeking quality local education options.

Why Buyers Like This Area

Buyers appreciate this Coral Gables office property for its strategic location near key transportation routes and the dynamic Miracle Mile district. The building’s flexible office layouts and retail space cater to diverse business needs. Covered parking and on-site management add convenience, while the presence of notable tenants underscores the area’s prestige. The neighborhood’s blend of commercial activity and lifestyle amenities creates a balanced environment attractive to businesses and their employees.

Investment Potential

This office property at 299 Alhambra Circle offers a strategic location in Coral Gables, a sought-after commercial area. Its proximity to major roads and the airport enhances accessibility, attracting a diverse range of tenants. The flexible office layouts and ground floor retail space increase usability for different business types. On-site management and parking options further support tenant needs, making it appealing for long-term occupancy. While not guaranteeing returns, the location’s prestige and connectivity contribute to steady tenant interest and usability in a competitive market.

Market Trends

The Coral Gables commercial real estate market remains attractive due to its blend of accessibility and established business presence. Demand for office space here is supported by the area’s connectivity to major transportation routes and the airport. Properties with flexible layouts and retail components, like 299 Alhambra Circle, align well with current tenant preferences. Inventory levels and buyer interest reflect a steady market, with long-term appeal driven by Coral Gables’ reputation as a professional and upscale business community.

Rental Income Potential

Office spaces in Coral Gables, especially those near Miracle Mile and key transportation corridors, tend to attract consistent tenant interest. The combination of retail and office space at 299 Alhambra Circle allows for diverse leasing opportunities. Covered and street parking, along with on-site management, add to the property’s rental appeal. Seasonal demand may fluctuate, but the location’s convenience to business hubs and residential areas supports steady occupancy potential for investors considering rental options.