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Investment Highlights

  • Rare opportunity in Central Business District of Coral Gables
  • Small outdoor area in the rear
  • Open floor plan would be suitable for a variety of uses

Executive Summary

Rare opportunity to acquire a commercial building in the heart of downtown Coral Gables. Located at 333 Alcazar Avenue, this ±2,068 SF property offers exceptional flexibility for an owner-user, investor, or business seeking a premier downtown Coral Gables location. The building features an open floor plan with two restrooms and is essentially a blank canvas ready to be transformed to suit a wide variety of uses, including office, retail, showroom, gallery, medical, or restaurant concepts (subject to approvals and build-out requirements). The property also includes a rear outdoor area with potential for 2-3 parking spaces, outdoor seating, storage, or other ancillary uses. Positioned just steps from Miracle Mile and surrounded by Coral Gables' vibrant mix of restaurants, retailers, offices, and residential developments, this property benefits from excellent visibility, walk-ability, and access to the area's affluent customer base. This is a unique chance to secure a standalone building in one of South Florida's most desirable commercial districts.

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
2,068 SF
Building Class
C
Year Built
1946
Price
$3,076,115 CAD
Price Per SF
$1,487.48 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.83
Lot Size
0.06 AC
Zoning
CB - MX2
Parking
1 Spaces (0.48 Spaces per 1,000 SF Leased)
Frontage
25’ on Alcazar Ave
Very walkable
80/100
Fairly drivable
40/100
Good public transit
60/100
Fairly bikeable
50/100

Nearby Major Retailers

Body & Brain
Starbucks
TD Bank
Chase
Grove Bank & Trust
Truist
Centennial Bank
Synovus Financial Corp
Valley National Bank
First Horizon Bank

Property Taxes

Property Taxes

Parcel Number
03-4108-006-1620
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,304,630 CAD
  • Listing ID: 40943089

  • Date on Market: 2026-06-16

  • Last Updated:

  • Address: 333 Alcazar Ave, Coral Gables, FL 33134

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