Property Facts
- Address 113 Almeria Ave | Coral Gables, FL 33134
- Property Type Office
- Space Available 8,200 SF
- Sale Price $7,500,000.00
Property Details
113 Almeria offers an owner-user opportunity in the heart of Downtown Coral Gables. This professional office building combines historic character with modern functionality, close to the city’s office and retail districts, business services, dining, and cultural amenities.
The property is well suited for professional firms seeking a headquarters in one of South Florida’s most desirable business districts. Key opportunities and market highlights include:
- Suitable for a single-user headquarters or an owner-user seeking rental income and room for expansion
- Opportunity to stabilize occupancy costs in a rising market
- Potential for executive suite and workstation leasing
- Seller sale-leaseback terms available
- Potential for long-term property appreciation in Coral Gables
- Quoted Class A office lease rates in the submarket: $70–$80 per SF
- Coral Gables office vacancy rate: 7.4% (Q3 2026 CoStar Office Market Report)
Property Details
- — Building Size: ± 8,200 SF
- — Ground Floor: ± 5,200 SF
- — Second Floor: ± 3,000 SF
- — Lot Size: 7,500 SF
- — Parking: Seven (7) on-site & 15 monthly permits additional available in adjacent covered garage
- — Zoning: MX-2 Mixed-Use: Office, Medical, Retail, Educational, Technology
Location Features
• Located in Downtown Coral Gables, and very close proximity to The Plaza Coral Gables Business District
• One block from Plaza Coral Gables with top-tier retail, dining, entertainment, luxury hotel, apartments, and Ponce Circle Art and Event Park
• Walking distance to Miracle Mile’s retail, restaurants, services, and Coral Gables trolley with connections to Merrick Park, Metrorail, business districts, and residential neighborhoods
• Coral Gables’ economy is composed of local and international businesses and is not influenced by seasonal shifts, unlike other parts of Florida.
| 3 Mile | |
|---|---|
| Households | 91.7K |
| Median Home Value | $869.8K |
| Median Age | 40.8 |
| Median HH Income | $114K |
