329 Palermo Ave, Coral Gables
329 Palermo Ave, Coral Gables, Coral Gables, Florida 33134
$8,000,000
$803 / sq ft Listed 31 days ago
9,958 sqft
Building
5,000 sqft
Lot
2
Stories
12
Parking
Class B
Class
About this property
329 Palermo Ave, Coral Gables is an office space for sale in Coral Gables, Florida, listed at $8,000,000. Key details: building size 9,958 sqft, lot size 5,000 sqft, stories 2, parking spaces 12. Listed by Manuel Chamizo III of ONE Sotheby's on LoopingCloud and last updated October 12, 2026.
The 329 Palermo Business Center offers a premier owner-user opportunity in the heart of Coral Gables, FL. This 9,958 sq ft, two-story Class B office building features 18 offices, an open floor plan, 12 covered parking spaces, a conference room, kitchen, and a renovated roof with a 20-year warranty. Positioned within a high-demand commercial district with versatile Mixed-Use (MX3) zoning, this exceptionally maintained property provides an ideal workspace or redevelopment play near prime retail and residential corridors.
Key highlights
- Mixed-Use (MX3)
- retail, office and residential uses.
- broad range of commercial applications
Lending Opportunities
| Company | Lender type | Contact | Phone | |
|---|---|---|---|---|
| TheLoanProsTeam | Mortgage Broker | Roxanne Chung | (754) 707-5877 | |
| Money Solutions, LLC | Mortgage Broker | Jennifer A. Judice | (813) 431-5000 |
Business Opportunities
| Company | Business type | Contact | Phone | |
|---|---|---|---|---|
| BAY TITLE COMPANY | Title Services | ALANA Supraski | (305) 692-8886 |
Property details
Key facts
- Building Size
- 9,958 sqft
- Lot Size
- 5,000 sqft
- Stories
- 2
- Parking Spaces
- 12
- Building Class
- Class B
- Property Status
- Normal Sale
- Building Status
- Existing
Pricing details
- Financing
- Third Party Financing
- Investment Property
- Vacant investment property
Investment snapshot
$803
Price per sq ft
Acquisition options
| Option | Asking price | Cap rate | Commission | Monthly income | Ownership |
|---|---|---|---|---|---|
| Purchase Only | $8,000,000 | - | - | - | - |
Features and amenities
Property Other Use Types
- Mixed-Use (MX3)
- retail, office and residential uses.
- broad range of commercial applications
Property Features
- Building Size: Approx. 9,958 sq ft across two stories, with approx. 1,800 sq ft on the ground floor.
- Interior Layout: 18 private offices in an open floor plan, a dedicated conference room, full kitchen, and 4 restrooms.
- Parking: 12 on-site covered parking spaces.
- Recent Upgrades: Complete roof replacement in 2018 using a GAF Integrated System with a 20-year warranty.
- Occupancy: Turnkey condition, exceptionally maintained, and available for immediate occupancy.
Highlights
- Cost Efficiency: Allows an owner-user to acquire and occupy a standalone boutique facility for significantly lower costs than long-term commercial leasing in Coral Gables.
- Prime Location: Situated in the heart of the Coral Gables Central Business District, an area experiencing rapid redevelopment and land assembly.
- Income & Equity Upside: Positioned to capture rising commercial rental rates and strong demand for boutique office and retail assets in South Florida.
- Development Potential: MX3 zoning offers flexible future options for retail conversion, residential integration, or expansion.
Location
Address as shown by the lister.
Get directionsAbout this area - Miami
- Population
- 34,045
- Housing units
- 15,477
- Land area
- 5.2 sq mi
- County
- Miami Dade
Neighborhood
Places shown on the map come from Google Maps and are near the property. Check details with each place before you rely on them.
Documents, links and contacts
Additional contacts
1 person to reach- Sebastian ChamizoOffice Specialist (305) 666-0562
Frequently asked questions
What is the asking price of 329 Palermo Ave, Coral Gables?
329 Palermo Ave, Coral Gables is listed at $8,000,000. That works out to about $803 per square foot.
Where is 329 Palermo Ave, Coral Gables located?
The property is in 329 Palermo Ave, Coral Gables, Coral Gables, Florida 33134, Miami Dade County.
What type of property is this?
This is an office space for sale in the commercial category.
How big is the property?
The building is 9,958 sqft. The lot is 5,000 sqft.
Is financing available?
The lister indicates: Third Party Financing.
Who do I contact about this listing?
Manuel Chamizo III of ONE Sotheby's listed this property. Use the Request Info button to send a message or call (305) 666-0562.
When was this listing published?
It was published on October 12, 2026 and last updated on October 12, 2026.
Listing information
- Listing ID
- CL-Florida-28726
- Published
- Oct 12, 2026
- Last updated
- Oct 12, 2026
Report a problem with this listing
Disclaimer: LoopingCloud is a social listing portal that connects real estate professionals, service providers, buyers, and sellers. All property information, descriptions, availability, financial details, and any offerings are provided by the respective lister or service provider and are not independently verified by LoopingCloud.
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