2020 Ponce De Leon BlvdCoral Gables, FL 33134

This exceptional Class A office investment opportunity in Coral Gables, Florida, presents two combined units totaling 3,314 square feet, currently leased to a credit-rated tenant under a net lease. The property boasts a 4.78% cap rate with a strong net operating income (NOI) of $112,000. The 5-year lease, commencing February 1, 2024, and expiring February 1, 2029, includes annual rent bumps of 1.5%. The tenant has the option to renew or the landlord has a 90-day termination option. Located at 2020 E Ponce De Leon Blvd, 33134, this property features attractive amenities including new wood laminate floors, 9.5-foot ceilings, a large balcony with views of Coral Gables, a modern lobby with high-tech security, and 13 parking spaces. The interior includes a kitchen, private bathroom, seven executive offices, an open workspace, a reception area, and a conference room. The building offers additional benefits such as column-free floor plates, wrap-around balconies with city views, a contemporary lobby with ground floor retail, concierge service, 24-hour security, on-site management, and pre-wired technology. This property is ideally situated in the heart of Coral Gables, providing convenient access to dining, entertainment, and major Miami destinations. The asking price is $2,345,000. This is a rare opportunity to acquire a high-quality, income-producing asset in a prime location.