For Sale
$4,295,000

3621 Ponce De Leon BlvdCoral Gables, FL 33134

Prime Ponce De Leon Blvd Duplexes

Overview

Added:
Feb 13
Days on market:
50
This exceptional investment opportunity presents two adjacent duplexes totaling 15,325 square feet situated on a 15,230 square foot lot at 3621 and 3627 Ponce De Leon Boulevard in the heart of Coral Gables, Florida. Built in 1953, this one-story property offers a compelling blend of existing income and significant redevelopment potential. The property at 3621 Ponce De Leon Blvd comprises two spacious 2-bedroom, 2-bathroom units, each featuring ample living space. The adjacent property at 3627 Ponce De Leon Blvd includes two 2-bedroom, 1-bathroom units and benefits from a larger double lot, presenting unique expansion possibilities. Currently generating a monthly income of $11,800, this portfolio offers a strong return on investment. The prestigious location on Ponce De Leon Boulevard in Coral Gables, Miami-Dade County (zip code 33134), provides unparalleled access to the area's vibrant amenities and high-demand rental market. This property is ideally suited for investors seeking a stable income stream or developers envisioning a significant expansion or redevelopment project. The combined lot size and existing structures present a rare opportunity in this highly desirable Coral Gables location. This is a truly unique investment opportunity not to be missed.

Highlights

  • $4,295,000 asking price.
  • Multifamily investment opportunity in Coral Gables, FL.
  • 15,325 square feet total building area.
  • Two adjacent duplexes on Ponce De Leon Blvd.
  • Built in 1953, one-story construction.
  • Generating $11,800 monthly income.

Property Details for 3621 Ponce De Leon Blvd

Property type
Apartment buildings, Small apartment buildings
Square Feet
15,325 SF
Year Built
1953
Stories
1

Location Insight

City
Coral Gables
County
Miami-Dade
State
Florida
Latitude
25.7381252
Longitude
-80.2583844
3621 Ponce De Leon Blvd, Coral Gables, Florida

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3621 Ponce De Leon Blvd
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