365 Palermo Ave - Office FOR SALE


Coral Gables, FL 33134- Crafts
$5,495,000 USD
786-453-3171
365 Palermo Ave, Coral Gables, FL for Sale
$5,495,000 USD
Office - FOR SALE
1/37
null | Request Cap Rate

Dec '26


365 Palermo Ave
Coral Gables, FL 33134
Crafts


HIGHLIGHTS

  • Plug & Play- Just bring your toothbrush -high-end professional office

OVERVIEW

One Sotheby’s International Realty is proud to present 365 Palermo Avenue, Coral Gables. Ideally positioned in the heart of Coral Gables, this distinguished two-story commercial property offers approximately 6,883 square feet of interior space on a 5,000 square-foot lot. Built in 1970 and updated to current standards recently. Zoned Mixed-Use 3 (MX3), the property is currently configured for office use and represents a rare opportunity to acquire a boutique building in one of South Florida’s most prestigious business districts. 365 Palermo Avenue provides an exceptional value-add or redevelopment opportunity, offering investors the flexibility to reposition the asset as a high-end professional office, boutique retail destination, or creative mixed-use space. Its size and layout make it ideal for owner-users or boutique firms seeking a prominent address in Coral Gables without the scale or management demands of a larger asset. This unique proposition offers a possibility to purchase an adjacent parking lot for a mixed-use redevelopment.

FOR SALE DETAILS

PRICE

$5,495,000 USD

PRICE/SF

$798 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Storefront Retail/Office, Medical, Telecom Hotel/Data Hosting

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

5,001 SF

ZONING

MX3

APN/PARCEL ID

03-4117-005-5020

ASK ABOUT THIS PROPERTY

Manny Chamizo IIIONE Sotheby's International RealtyMore Info
786-453-3171

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Manny Chamizo IIIONE Sotheby's International RealtyMore Info
786-453-3171

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.