For Sale
$1,550,000

301 Altara Ave Coral Gables, FL 33146

Prime 1,597 SF Coral Gables space.

Overview

Added:
Dec 11, 2024
Days on market:
134
This exceptional 1,597 square foot commercial condo, located at 301 Altara Ave in Coral Gables, Florida, 33146, presents a unique investment opportunity. Situated within the luxurious Merrick Manor, a Class A mixed-use building completed in 2019, this ground-level space is ideally suited for retail, medical, restaurant, or office use. The fully built-out space includes four treatment rooms, a reception and waiting area, one bathroom, and storage, making it move-in ready. The property is part of a 10-story building with 227 high-end residential units and 20,000 square feet of ground-floor retail space, ensuring high foot traffic and visibility. Its prime location offers easy access to the Shops at Merrick Park and the busy Le June and Bird Rd intersections. The asking price is $1,550,000, translating to $970.57 per square foot. This single-unit property is offered as an owner/user investment and qualifies for a 1031 exchange. The building boasts a diverse mix of established businesses, including a fitness center, beauty salons, and a furniture store, creating a vibrant and thriving commercial environment. This is an unparalleled chance to establish or relocate your business in one of Coral Gables' most desirable locations.

Highlights

  • 1,597 SF ground-floor commercial condo in Coral Gables' Merrick Manor (Class A, 2019).
  • Suitable for retail, medical, restaurant, or office; fully built-out with four treatment rooms, reception, bathroom, and storage.
  • $1,550,000 asking price ($970.57/SF).
  • Prime location near Shops at Merrick Park, high foot traffic, 1031 exchange eligible.
  • Owner-user investment opportunity.

Property Details for 301 Altara Ave

Property type
Land
Square Feet
1,597 SF
Class
A
Year Built
2019
Buildings
1
Stories
10
Units
1

Location Insight

City
Coral Gables
County
Miami-Dade
State
Florida
Latitude
25.7336441
Longitude
-80.2617956

FAQs

What type of property is this?
Land - Prime 1,597 SF Coral Gables space.
Where is the land located?
The property is located at 301 Altara Ave Coral Gables, FL.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: 1,597 SF ground-floor commercial condo in Coral Gables' Merrick Manor (Class A, 2019).; Suitable for retail, medical, restaurant, or office; fully built-out with four treatment rooms, reception, bathroom, and storage.; $1,550,000 asking price ($970.57/SF).
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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301 Altara Ave
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