For Sale
$1,950,000

3903 Ponce De Leon BlvdCoral Gables, FL 33134

Prime Coral Gables location, high development potential.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional Coral Gables investment opportunity presents two adjacent duplexes totaling four units, situated on a combined 25,525 square foot lot at 3903 Ponce De Leon Blvd, Coral Gables, FL 33134. Built in 1947, this two-story property offers a unique chance for developers or investors seeking high-return potential. The combined lots boast a substantial buildable area of 17,000 square feet, allowing for the construction of up to seven townhomes, each projected at 2,428 square feet of livable space with 22 feet of frontage. The property's strategic location provides both Ponce De Leon Boulevard frontage and access to Southwest 39th Avenue for convenient garage entrances. Its prime Coral Gables location places it within walking distance of the Shops at Merrick Park and the heart of downtown Coral Gables, ensuring high occupancy rates and strong rental demand. The asking price for this combined property is $1,950,000, presenting a compelling opportunity for those seeking a lucrative investment in a highly desirable area. This is a rare chance to acquire a significant parcel in a prime location with exceptional development potential.

Highlights

  • Exceptional Coral Gables investment opportunity: Two adjacent duplexes (four units total) on a 25,525 SF lot.
  • 1947-built, two-story property with high-return potential for developers or investors.
  • 17,000 SF buildable area allows for up to seven 2,428 SF townhomes (22' frontage each).
  • Prime Coral Gables location: Ponce De Leon Blvd frontage, Southwest 39th Ave access, near Shops at Merrick Park.
  • Asking price: $1,950,000.

Property Details for 3903 Ponce De Leon Blvd

Property type
Apartment buildings, Small apartment buildings
Year Built
1947
Stories
2

Location Insight

City
Coral Gables
County
Miami-Dade
State
Florida
Latitude
25.7362776
Longitude
-80.2584203
3903 Ponce De Leon Blvd, Coral Gables, Florida

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3903 Ponce De Leon Blvd
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