395 Alhambra CirCoral Gables, FL 33134

  • Office properties
  • 14,159 SF
For Lease
$0.03/SF/YR View listing

Property Details for 395 Alhambra Cir

Year built
1983
Construction
CONCRETE
Lot size
0.17 AC
Property size (Sq ft)
14,159 SF
Zone code
6400:COMMERCIAL,CENTRAL
Property type
Office properties
Property subtype
Office buildings
APN
03-4108-006-2600
APU
341080062600

Description

This exceptional single-tenant office space, totaling 14,159 square feet, boasts a highly desirable location at the corner of Alhambra Circle and Ponce de Leon Boulevard. The property is zoned 5003 (verify zoning specifics with the relevant authority). The building itself is a single-tenant structure, offering complete privacy and control. Parking is readily available with five spaces included at a monthly rate of $120 per space. The property's APN is 03-41-08-006-2600. This presents a unique opportunity for a business seeking a prominent location with ample parking. The strategic corner location offers excellent visibility and accessibility, making it ideal for a variety of professional uses. The substantial square footage provides ample room for expansion or customization to meet specific business needs. Interested parties are encouraged to conduct their own due diligence regarding zoning regulations and permitted uses. This property is offered as-is. Serious inquiries only. Contact us to schedule a viewing and explore the potential of this exceptional office space.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $10,407,035
    6.5%
    $9,606,494
    7%
    $8,920,316
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,699,106
    Geo Method
    $4,699,106
  • Alternative Use

    Use
    Valuation
    Residential
    $11,912,053
    Hospitality
    $10,911,376
    Educational
    $9,078,137
    Medical
    $9,390,348
    Retail
    $14,121,547
395 Alhambra Cir, Coral Gables, Florida

Location Insight

City
Coral Gables
County
Miami-dade
State
Florida
Latitude
25.7522
Longitude
-80.2626
CBSA code
33100
CBSA name
MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$45,508
$2,163,600
$286,400
$2,450,000
-
$2,163,600
$286,400
$2,450,000

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