3621 Ponce De Leon BlvdCoral Gables, FL 33134

Property Details for 3621 Ponce De Leon Blvd

Year built

1953

Property size (Sq ft)

15,325 SF

Property type

Residential income properties

Property subtype

Multifamily properties

Description

This exceptional investment opportunity presents two adjacent duplexes totaling 15,325 square feet situated on a 15,230 square foot lot at 3621 and 3627 Ponce De Leon Boulevard in the heart of Coral Gables, Florida. Built in 1953, this one-story property offers a compelling blend of existing income and significant redevelopment potential. The property at 3621 Ponce De Leon Blvd comprises two spacious 2-bedroom, 2-bathroom units, each featuring ample living space. The adjacent property at 3627 Ponce De Leon Blvd includes two 2-bedroom, 1-bathroom units and benefits from a larger double lot, presenting unique expansion possibilities. Currently generating a monthly income of $11,800, this portfolio offers a strong return on investment. The prestigious location on Ponce De Leon Boulevard in Coral Gables, Miami-Dade County (zip code 33134), provides unparalleled access to the area's vibrant amenities and high-demand rental market. This property is ideally suited for investors seeking a stable income stream or developers envisioning a significant expansion or redevelopment project. The combined lot size and existing structures present a rare opportunity in this highly desirable Coral Gables location. This is a truly unique investment opportunity not to be missed.

Location Insight

City

Coral Gables

County

Miami-Dade

State

Florida

Latitude

25.7381

Longitude

-80.2584

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