Coral Gables, Florida Commercial Real Estate 8 Listings

Coral Gables, Florida: A Premier Destination for Commercial Real Estate

Introduction

Coral Gables, Florida, is a vibrant city in Miami-Dade County known for its thriving commercial real estate (CRE) market. With a population of approximately 50,000, Coral Gables stands out due to its strategic location and robust economy. The city features a diverse range of industries, including finance, healthcare, and education, making it a prime location for various commercial property types. Coral Gables' unique blend of historical charm and modern infrastructure enhances its appeal for CRE investors and professionals.

Economic and Industry Overview

Coral Gables hosts a dynamic array of major industries that significantly influence its commercial real estate landscape:

Finance and Banking: Home to numerous regional and national banks, Coral Gables is a central hub for financial services, driving demand for office spaces.
Healthcare: The presence of major healthcare providers and research institutions fuels the need for medical office buildings and specialized industrial spaces.
Education: The University of Miami, located in Coral Gables, contributes to a vibrant academic community that supports multifamily and retail sectors.

Regional economic development agencies such as the Miami-Dade Beacon Council play a pivotal role in attracting new businesses and fostering economic growth.

Strategic Location and Transportation Infrastructure

Coral Gables benefits from an advanced transportation network that enhances its commercial real estate prospects:

Highways: The city is accessible via major highways like US-1 and the Dolphin Expressway, facilitating easy connectivity for businesses.
Airports: Proximity to Miami International Airport provides vital global connectivity, enhancing logistics and distribution opportunities.
Public Transit: A robust public transportation system, including Metrorail, expands access to labor pools and consumer markets.

For more information, visit the Florida Department of Transportation and Miami International Airport.

Commercial Real Estate Inventory & Zoning

Coral Gables boasts diverse commercial real estate submarkets, including:

Central Business District (CBD): A thriving office and retail hub with a mix of historic and modern buildings.
Industrial Areas: Situated near major transport routes, these zones cater to logistics and warehousing needs.
Innovation Districts: Emerging areas focused on tech and creative industries.

The city encourages development through zoning incentives and overlays. Access the City of Coral Gables Zoning Map for detailed insights.

Major Employers and Institutions

Key employers and institutions in Coral Gables include:

University of Miami: A major academic and research institution driving demand for multifamily and retail spaces.
Bacardi USA: This corporate headquarters fuels the need for office and hospitality properties.
Baptist Health South Florida: A significant healthcare provider influencing demand for medical office buildings.

For more information, explore the Coral Gables Chamber of Commerce.

Notable Commercial Developments & Projects

Coral Gables is witnessing several large-scale commercial developments:

The Plaza Coral Gables: A mixed-use project featuring office, retail, and residential spaces.
Public-Private Partnerships: Initiatives that drive urban renewal and economic development.

Information about these projects can be found on the City of Coral Gables Planning Department.

Building Permits, Planning, and Development Tools

For developers and investors interested in Coral Gables, the following resources are invaluable:

Market Data & Economic Reports

Leverage data from public sources to make informed CRE decisions:

U.S. Census Bureau
City of Coral Gables Open Data Portal
Economic impact reports from regional agencies

Brevitas uses AI-powered aggregation to provide unparalleled insights through its platform. Explore Brevitas-powered dashboards for Coral Gables market data.