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133 Sevilla Avenue

INB N.A. Leases 7,987 Square Feet Office From TFFO LLC At 133 Sevilla Avenue Coral Gables
LEASEDOffice

INB N.A. Leases 7,987 Square Feet Office From TFFO LLC At 133 Sevilla Avenue Coral Gables

133 Sevilla Avenue

Building Size

7,987 SF

Asset Type

Office

Closing

Mar 3, 2026

AI

INB, N.A. leased a 7,987-square-foot office building located at 133 Sevilla Avenue in Coral Gables. The property is part of the Coral Gables market and is owned by TFFO, LLC.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not Disclosed
  • Address: 133 Sevilla Avenue
  • Market: Coral Gables
  • Landlord: TFFO, LLC
  • Tenant: INB, N.A.
  • Landlord's Rep: Edward Schmidt & Craig Merlin - NAI Miami | Fort Lauderdale
  • Tenant's Rep: Louis Erice - Keller Williams Realty

The relocation of INB, N.A. supports the bank’s expansion in South Florida, transitioning from Brickell to a standalone CBD-style office near Plaza Coral Gables. The transaction was facilitated by NAI Miami | Fort Lauderdale, with representation from Edward Schmidt and Craig Merlin for the landlord and Louis Erice for the tenant.

Players

Edward Schmidt

NAI Global

Broker

$34.1M

vol

5 deals

Broker
INB
INBTenant

Coral Gables Office Market Snapshot

Boundary boundary · Office · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93