Commercial Sale · Retail
333 Alcazar Ave, Coral Gables FL 33134, CORAL GABLES, FL, 33134
Active64 days on marketListed Jun 16, 2026MLS #A12038131
About this property
The property at a glance
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 buildout requirements). The property also includes a rear outdoor area with potential for 2-3 parking spaces, outdoor seating, storage, or other ancillary uses. 40 Year Recertification just completed. 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, walkability, 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.
2,068
Building sq ft
$1,063
Price / sq ft
0.25
Lot acres
1946
Year built
1
Building
5004
Zoning
Retail
Property type
The numbers
Investment snapshot
Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.
Estimated payment (illustrative)
Estimated payment
$12,064/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Estimates only — taxes at 1.1%/yr and typical insurance; your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask Kat to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
7,777
Population
$163,743
Median income
46
Median age
3
Avg household
$826,307
Median home value
$2,798/mo
Median rent
817
Households w/ kids
Consumer profile
Interested in the finer things life has to offer, this population wants to display their lifestyle by discussing luxury products. Often references jewelry, cars, and home features.
Driven to succeed in the business world, this population seeks to progress in their career through networking happy hours, summits, and connecting with other professionals online.
The party don't stop until the sun comes up. Loud music, crowds, and shots are a recipe for a great night out for these people.
These folks are conscious about what they eat. They're looking for ingredients that not only taste great, but also have great nutritional benefits.
Movie buffs and binge watchers expressing their love for movies, storytelling, and the film making process.
Seeking peace and well-being through meditation, gratitude and spirituality.
Recent sales
What actually sold near 333 Alcazar Ave
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$2,110,000
1707 SW 5th St, Miami FL 33136
Sold Apr 4, 2025
$138,450
2770 SW 27th Ave, Miami FL 33133
Sold Oct 1, 2024
$2,850
5741 SW 8 Street, Miami FL 33144
Sold Jun 18, 2026
Your team
The pros in your corner
Your agent
Kat Bonelli
REALTOR® · CENTURY 21 Edge
Tours, offers, and every question about 333 Alcazar Ave — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 333 Alcazar Ave.
See it in person
Schedule a tour
Pick a day that works — this goes straight to Kat's phone and CRM.
Keep looking
Similar properties nearby
Listing courtesy of Kerdyk Real Estate, Inc. · William III Kerdyk. MLS #A12038131.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
Never miss a listing
New CORAL GABLES listings, in your inbox
A daily digest of every new listing in CORAL GABLES — straight from the MLS, hours after it goes live. Unsubscribe anytime.