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

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299 Alhambra Cir, Coral Gables FL 33134 - Office Space for Sale

Prime office building at 299 Alhambra Circle in Coral Gables offering flexible layouts, retail space, and convenient location near major roads and Miracle Mile.

$11,206

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MLS #A11895312

Listing Updated: 2026-07-23 06:33:48

Listed By: Terranova Corp

Overview

Located at the intersection of Salzedo Street and Alhambra Circle, 299 Alhambra Circle is a well-positioned commercial office building in Coral Gables, Florida. The property features ground floor retail space and four floors of flexible office layouts, accommodating various business needs. Tenants benefit from garage parking behind the building and on-site property management. Its proximity to major roads, the airport, residential neighborhoods, and the vibrant Miracle Mile district provides excellent connectivity and convenience for businesses and their clients. Nearby notable tenants include FIFA, The Coral Gables Trust, Hyatt Hotels, and The Allen Morris Company, underscoring the building’s prestigious location.

Property Highlights

Prime Coral Gables office location; Ground floor retail; Four flexible office floors; Garage parking; On-site management; Close to major roads and Miracle Mile.

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:

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 well-established commercial district known for its mix of office buildings, retail, and hospitality services. The neighborhood combines residential communities with thriving business hubs, offering a balanced environment for companies and their employees. Coral Gables is recognized for its tree-lined streets, upscale amenities, and proximity to downtown Miami, making it a desirable location for businesses looking to establish a presence in South Florida.

Walkability & Lifestyle

The property’s location near Miracle Mile offers excellent walkability with numerous dining, shopping, and entertainment options within easy reach. Residents and workers can enjoy nearby parks, cafes, and cultural venues, enhancing daily convenience and lifestyle. The area’s pedestrian-friendly streets and access to public transportation make commuting and errands manageable without reliance on a vehicle.

Things To Do Nearby

Coral Gables provides a variety of activities including waterfront parks, golf courses, and cultural attractions. Miracle Mile is a vibrant corridor featuring restaurants, boutiques, and galleries. Outdoor enthusiasts can enjoy boating and marina facilities nearby, while nightlife and entertainment options add to the area’s appeal for professionals and visitors alike.

Nearby Schools

Coral Gables is home to several reputable educational institutions, providing convenient access to quality schools for families living or working nearby. The area includes public and private schools known for strong academic programs, making it a favorable location for employees with children. Proximity to universities and specialized training centers also supports professional development and continuing education opportunities within the community.

Why Buyers Like This Area

Buyers appreciate this Coral Gables property for its strategic location, flexible office spaces, and proximity to key commercial and residential areas. The building’s amenities, including parking and on-site management, support operational efficiency. Its placement near major roads and Miracle Mile enhances accessibility and visibility, making it suitable for businesses seeking a prestigious address in a thriving market.

Investment Potential

This office property in Coral Gables offers a strategic location with strong tenant appeal due to its proximity to major roads, the airport, and vibrant commercial areas like Miracle Mile. Its flexible office layouts and retail space enhance usability for a variety of business types. The presence of established tenants nearby adds to the location’s prestige, making it attractive for businesses seeking a convenient and connected office environment. Seasonal demand and ongoing business activity in Coral Gables support steady interest in commercial spaces like this one.

Market Trends

The Coral Gables commercial real estate market remains active with consistent demand for office spaces, especially those offering flexibility and convenient access. The area attracts a diverse range of tenants, including professional services, hospitality, and international organizations. Limited inventory in prime locations like Alhambra Circle contributes to sustained interest among buyers and tenants, reflecting Coral Gables’ status as a key commercial hub in the region.

Rental Income Potential

Office spaces in Coral Gables generally attract steady tenant interest due to the city’s strong business environment and accessibility. Properties with flexible layouts and retail components, such as this one, appeal to a broad range of potential tenants. The location near major roads and commercial centers supports consistent occupancy, although rental income can vary with market conditions and tenant mix. This property’s attributes make it a practical option for those seeking commercial rental opportunities in a sought-after area.