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Coral Gables >

Office Space

Renting Office Space in Coral Gables

Known for its Mediterranean aesthetic and professional services focus, Coral Gables is currently "quietly doing the heavy lifting" for Miami’s office surge. Recent data shows a 3.3% drop in vacancy rates as the submarket absorbs older inventory and integrates new Class A products. Large-scale transactions, such as the $119 million sale of the Alhambra office complex in January 2026, demonstrate that institutional capital still views the "City Beautiful" as a safe haven for stable, long-term returns. The neighborhood also serves as a critical medical office corridor, with turnkey medical facilities seeing high demand due to the aging affluent population in nearby Coconut Grove and Pinecrest. (Source: Avison Young / JLL Capital Markets)

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Popular Office Space in the Coral Gables Neighborhood

Prospect Park I

731 – 6,810 SF

$1,000 – $9,100 /mo

General

Oakland Center Office Spaces Available For Lease

450 – 800 SF

$600 – $1,100 /mo

General

Ponce Plaza

1,281 SF

$4,300 /mo

General Storefront

CREATIVE RETAIL & OFFICE SPACE

250 – 412 SF

$1,200 – $1,500 /mo

Storefront

Bayview Offices

113 – 5,494 SF

$300 – $11,400 /mo

General

Pompano Professional

508 – 633 SF

- /mo

General

Coral Reef Plaza

251 – 5,482 SF

$700 – $19,200 /mo

General Storefront

Prologis I-595

13,160 – 45,258 SF

- /mo

General Warehouse

Cooper City Commerce Center

807 – 33,156 SF

- /mo

Flex General Warehouse

Blackstone Building

126 – 3,236 SF

$600 – $22,400 /mo

Coworking General Storefront

Pelican Bays

460 – 3,895 SF

$700 – $4,900 /mo

Flex Warehouse

Ocean Drive Retail Condos at The Shoppes of Il Villaggio

579 – 2,044 SF

$5,300 – $15,000 /mo

General Storefront

Spaces at FL, Coral Gables - Alhambra Circle

54 – 1,292 SF

$100 – $5,200 /mo

Coworking

Keyes International Center

620 – 2,662 SF

$2,000 – $8,700 /mo

General

Rare Live/Work Opportunity

1,784 SF

$4,800 /mo

General

Suite Rates in Coral Gables

Suite Sizes in Coral Gables

Neighborhood Comparison

Neighborhood	Average Available SQFT	Average Rate / SQFT PER Month	NUMBER OF AVAILABLE SUITES
Beverly Terrace	1,500	$4.37 / SF	96
Boca Raton	1,400	$1.86 / SF	167
Boynton Beach	1,500	$1.45 / SF	57
Brickell	1,300	$2.49 / SF	1,611
Coconut Grove	1,200	$3.30 / SF	318
Coral Gables	1,300	$2.34 / SF	2,172
Delray Beach	1,300	$1.81 / SF	105
Downtown Miami	1,200	$4.03 / SF	308
Edgewater	800	$4.02 / SF	56
Hialeah	1,600	$2.07 / SF	246
Hollywood, FL	1,000	$2.16 / SF	222
Little Haiti	900	$3.23 / SF	< 30
Little Havana	100	$10.29 / SF	34
Mall of the Americas	2,200	$2.07 / SF	50
Miami Airport Area	1,400	$2.24 / SF	218
Miami Beach	700	$3.82 / SF	174
Miami Design District	1,400	$2.31 / SF	1,801
Miami International Mall	1,400	$2.68 / SF	63
Mid-Beach Miami	19,000	$0.78 / SF	< 30
Miramar	1,000	$2.17 / SF	< 30
North Beach, FL	600	$2.80 / SF	58
Palm Beach	1,600	$2.82 / SF	219
Pembroke Pines	1,900	$2.16 / SF	48
Pompano Beach	1,800	$1.73 / SF	477
Port St Lucie	1,200	$1.88 / SF	145
South Beach Miami	700	$4.33 / SF	39
Town Square Miami	600	$4.02 / SF	36
West Palm Beach	1,500	$2.85 / SF	176
Wynwood	1,300	$2.31 / SF	1,861

*All data is from sources we deem reliable and is tracked to provide tenants an understanding of market and submarket conditions, however we cannot guarantee accuracy and all data should be confirmed prior to any use in the lease or purchase of real property.