2415 Ponce De Leon RdCoral Gables, FL 33134

Property Details for 2415 Ponce De Leon Rd

Year built

1959

Property size (Sq ft)

5,200 SF

Property type

Retail properties

Property subtype

Restaurants

Description

This exceptional Coral Gables restaurant presents a unique investment opportunity. Located on the bustling Ponce de Leon Boulevard in the Miracle Mile, this 5,200 square foot, two-story establishment boasts a prime location with excellent street visibility. Built in 1959, the building features a main dining area with seating for up to 120 guests, a chic mezzanine VIP lounge, and a separate private dining room. The state-of-the-art kitchen is fully equipped with a full hood and three walk-in coolers. The property includes all furniture, fixtures, and equipment (FF&E), making it a truly turnkey operation. The current tenant enjoys a strong 100% occupancy rate under an NNN lease with eight years remaining, plus a five-year option. The asking price is $1,200,000, reflecting a price per square foot of $230.77. The property is zoned for restaurant/bar use and benefits from ample street and valet parking, as well as a nearby city surface lot. Neighboring businesses include well-known establishments such as Hillstone, The Cheesecake Factory, Bulla Gastrobar, and Barnes & Noble. This property offers significant revenue potential and is ideally suited for a discerning restaurateur seeking a high-performing, established business in a prime Coral Gables location. The current liquor license is not included in the sale, but the space qualifies for a full liquor license. The property's dimensions are 25 feet of frontage and 107 feet in depth. This is a currently operating restaurant

Location Insight

City

Coral Gables

County

Miami-Dade

State

Florida

Latitude

25.749

Longitude

-80.2583

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].