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
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