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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

Second Floor Office Space Available

Copans Powerline Commerce Center

550 – 5,000 SF

$800 – $6,600 /mo

Flex General Warehouse

Town Center One

1,125 – 5,950 SF

$3,300 – $23,800 /mo

Coworking General Medical

Gulfstream Professional Building

Regus at Coral Gables

54 – 1,777 SF

$100 – $22,500 /mo

Coworking

HQ at Brickell Bayview Center

54 – 1,738 SF

$100 – $30,600 /mo

Coworking

Spaces at FL, Coral Gables - Alhambra Circle

54 – 1,292 SF

$100 – $5,200 /mo

Coworking

Milam Industrial Center

1,000 SF

$2,000 /mo

Flex

Keyes International Center

620 – 2,662 SF

$2,000 – $8,700 /mo

General

Parkside I Office Building

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	95
Boca Raton	1,600	$2.00 / SF	175
Boynton Beach	2,000	$1.98 / SF	38
Brickell	1,300	$2.57 / SF	1,563
Coconut Grove	1,100	$3.33 / SF	346
Coral Gables	1,400	$2.33 / SF	2,104
Delray Beach	1,700	$2.07 / SF	84
Downtown Miami	1,200	$4.28 / SF	312
Edgewater	700	$4.13 / SF	51
Hialeah	1,500	$2.09 / SF	248
Hollywood, FL	900	$2.30 / SF	199
Little Haiti	900	$3.23 / SF	< 30
Little Havana	300	$6.19 / SF	40
Mall of the Americas	2,200	$2.07 / SF	50
Miami Airport Area	1,400	$2.42 / SF	230
Miami Beach	700	$3.80 / SF	179
Miami Design District	1,400	$2.37 / SF	1,748
Miami International Mall	1,400	$2.68 / SF	64
Mid-Beach Miami	19,000	$0.78 / SF	< 30
Miramar	1,000	$2.21 / SF	31
North Beach, FL	600	$2.80 / SF	58
Palm Beach	1,500	$2.23 / SF	259
Pembroke Pines	1,400	$2.27 / SF	40
Pompano Beach	1,700	$1.73 / SF	445
Port St Lucie	1,300	$1.87 / SF	143
South Beach Miami	700	$4.33 / SF	39
Town Square Miami	600	$3.86 / SF	35
West Palm Beach	1,600	$2.20 / SF	205
Wynwood	1,300	$2.37 / SF	1,809

*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.