329 Palermo Ave, Coral Gables FL 33134
$6,500,000
Est. Payment $34,596/mo
1971
Year Built
2
Stories
139
Days on Market
Description
The 329 Palermo Business Center presents an excellent opportunity for an owner. User to purchase a superb Class B office building. This 2-story Class B office building is located in the heart of Coral Gables CBD and is available for immediate occupancy. The 9958 Square feet office building has 12 on-site covered parking spaces along with 4 restrooms, a kitchen, a conference room and 18 offices in an open floor plan.329 Palermo would allow an owner-user to occupy this one-of-a-kind building for significantly less than they could lease on an annual basis. Rents in Coral Gables are on the rise with more and more tenants entering the market every day. Retail space commands a premium compared to office space and current lease structures in place limit the owners exposure to increased expenses.
Facts
- MLS#
- A11269370
- Subdivision
- —
- Property Type
- Commercial Sale
- Property Sub Type
- Office
- Year Built
- 1971
- Lot Size
- 5,000 ft²
- Sq. Ft.
- —
- Sq. Mt.
- —
- Price per sq. ft.
- —
- Price per sq. mt.
- —
- Stories
- 2
- Garage
- —
- Pool
- —
- Days on Market
- 139 days
- Listed
- Sep 13, 2022
- Last Updated
- Apr 28, 2023
- Price/Lot Sq.Ft.
- $1,300/ft²
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Market insights for Coral Gables
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
May 2026
52
Median days to sold
+4.5%
1-year price forecast (est.)
Price & tax history
From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).
| 4/28/2023 | Sold | $6,500,000 |
| 9/13/2022 | Listed for sale | $6,500,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
GreatSchools Summary Ratings
Public + private K-12 schools within 5 miles of this listing.
El Shaddai SchoolKG,1,2,3 · private · 0.7 mi
- Alberto's Dream Childcare and Learning Center
PK,TK,KG,1,2 · private · 0.7 mi
- Von Wedel Montessori School
PK,KG,1,2,3 · private · 1.0 mi
- Archdiocese of Miami Virtual Catholic School
KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 1.2 mi
- Miami Country Day School
PK,KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 1.2 mi
- Miami Country Day School
PK,KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 1.2 mi
- Miami Shores Presbyterian Church School
PK,TK,KG,1,2,3,4,5 · private · 1.3 mi
- Montessori Achievement Center
2,3,4,5 · private · 1.3 mi
- Miami Shores Elementary School
PK,KG,1,2,3,4,5 · public · 1.3 mi
- Lanaar Elementary School
1,2 · private · 1.4 mi
Data provided by GreatSchools.org © 2026. All rights reserved.Estimated Monthly Payment
$40,162/mo
Principal & Interest
$34,596
Property Tax
$5,417
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
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