3195 Ponce De Leon RdCoral Gables, FL 33134

Property Details for 3195 Ponce De Leon Rd

Property size (Sq ft)

17,800 SF

Property type

Healthcare properties

Property subtype

Other office properties

Description

This exceptional Class A medical office building presents a unique value-add investment opportunity in the prestigious Coral Gables, Florida market. Located at 3195 Ponce de Leon Boulevard, this five-story building offers 17,800 square feet of vacant space, providing a blank canvas for a complete renovation and customization. The property boasts 32 parking spaces, a significant advantage in this desirable area. Situated on an 11,615 square foot lot, the building is ideally positioned just two blocks from the new Gables Plaza, offering excellent visibility and accessibility. The asking price is $8,700,000, translating to $488.76 per square foot. This represents a compelling investment in a thriving market with high demand for quality medical office space. The vacant status allows for complete design flexibility, catering to a wide range of medical practices or office uses. The building's prime location in Coral Gables, within Miami-Dade County, and its substantial size make it an attractive proposition for discerning investors seeking a high-return opportunity in a sought-after area. The property is zoned for medical office use and offers significant potential for future appreciation. This is a rare chance to acquire a substantial, vacant Class A building in a prime location, ready for immediate redevelopment. The zip code is 33134.

Location Insight

City

Coral Gables

County

Miami-Dade

State

Florida

Latitude

25.7428

Longitude

-80.258

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