Office Space in Coral Gables
Office Space in Coral Gables. Coral Gables is Miami-Dade’s premier Class A office address, with high-street retail on Miracle Mile.
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Office Space in Coral Gables
Office pricing in Coral Gables turns on class and location — Class A commands a premium while value Class B stock nearby trades for far less. Beyond rent, watch the parking ratio, the build-out/TI you’ll need, and whether the lease is gross or NNN. I help tenants and buyers separate the trophy price from the workable one.
Price per square foot by building size in Coral Gables
The short version for Coral Gables: office space 2,500 to 10,000 SF runs about $596/SF and under 2,500 SF about $551/SF. Same city, same asset class, 1.1× the price per foot. Here is the ladder off 94 recorded sales.
Coral Gables office — median price per square foot by building size. Recorded arm’s-length sales, 2021–2026.
| Building size | Sales | Median $/SF | Middle half | Median price |
|---|---|---|---|---|
| Under 2,500 SF | 62 | $551 | $437–$674 | $738,000 |
| 2,500–10,000 SF | 32 | $596 | $518–$752 | $3.07M |
Swipe the table sideways to see every column.
Recorded sales only, medians rather than averages, and no band published on fewer than 15 of them — which is why some bands you might expect are missing here. The thinnest row above rests on 32.
This one inverts. Per-foot pricing climbs with size in Coral Gables rather than falling. In my experience that usually means the larger sales are newer or better-located product and the smaller band is older stock, so read the rows as two different populations rather than one market.
The last column is the one buyers actually feel. An office building under 2,500 SF in Coral Gables clears at a median of $738,000; 2,500 to 10,000 SF, $3.07M. Those are different loans, different down payments and different buyers, which is most of why the per-foot columns diverge the way they do.
The same pattern runs through all three counties — I broke out every county and asset class in why small commercial buildings cost more per square foot. Before you accept a per-foot number on an office building here, check which row it sits in. Or send me the address and I will do it — the value-my-property tool is free.
How I help
Tenant and buyer representation for office space in Coral Gables — on your side, never the landlord’s. Start with Office Space tenant rep, or get a specific building valued free at the BOV tool.
Run your own numbers
Estimate build-out with the buildout calculator, size a purchase with the borrowing-power and mortgage tools, and check a specific building against comps with the price benchmark — or request a free Broker Opinion of Value.
Medians from recorded arm’s-length commercial sales since 2022. Compiled by Justin Crow, Mattis Advisors — for reference, not an appraisal.
Frequently asked
What does office space cost in Coral Gables?
Across 110 recorded office sales since 2021, Coral Gables has traded roughly between $424 and $678/SF, with a midpoint near $548/SF — condition, size, and location move it. For a specific building, request a free Broker Opinion of Value.
Class A vs. Class B office — what’s the difference?
Class A is newer, amenitized, well-located space at premium rents; Class B is older or less-amenitized stock at a discount. In the same submarket the gap can be large, so define which you actually need before you shop.
Do you help with office space in Coral Gables?
Yes — tenant and buyer representation for office space across Coral Gables and all of Miami-Dade County. I work for you; on lease deals the landlord pays my fee.
What does a 1,500 SF office building cost in Coral Gables?
The under 2,500 SF band in Coral Gables carries a median of $551/SF across 62 recorded arm’s-length sales, so a 1,500 SF building prices out around $825,000 before you adjust for anything specific. The middle half of that band ran $437 to $674/SF, and condition, location and access move a building inside that range faster than size does.
Does building size change the price per square foot in Coral Gables?
Across South Florida it does, consistently — in every county and every asset class I have run, small buildings carry a higher price per square foot than large ones. Coral Gables office has only 2 size bands with enough recorded sales to publish, so the comparison has to be made against county-level figures rather than local ones.