912 Ponce De Leon BlvdCoral Gables, FL 33134

Property Details for 912 Ponce De Leon Blvd

Property type

Specialty properties

Property subtype

Other specialty properties

Description

This exceptional 53,000 sq ft lot at 912 E Ponce De Leon Blvd in Coral Gables, Florida, presents a unique development opportunity. Priced at $19,800,000, this nearly shovel-ready site is approved for a 162-unit residential building, incorporating live/work spaces on the ground floor. The project offers significant potential for creating a landmark development in a highly desirable area. Its strategic location provides close proximity to Miracle Mile, Downtown Coral Gables, and major highways, ensuring easy access to Miami International Airport, Brickell, and Coconut Grove. The high visibility and enduring appeal of Coral Gables make this a rare opportunity for developers seeking to establish a presence in one of South Florida's most coveted markets. The property's high barriers to entry further enhance its investment value. This is a chance to build a truly remarkable residential community in a vibrant and established neighborhood. The approved plans offer a solid foundation for a successful project, minimizing development risk and maximizing return on investment. The site's size and zoning provide ample flexibility for a creative and impactful design. Don't miss this chance to acquire a premier development site in the heart of Coral Gables.

Location Insight

City

Coral Gables

County

Miami-Dade

State

Florida

Latitude

25.7624

Longitude

-80.2573

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