815 Ponce De Leon BlvdCoral Gables, FL 33134

Property Details for 815 Ponce De Leon Blvd

Year built

1977

Lot size

0.15 AC

Property size (Sq ft)

14,376 SF

Zone code

6400:COMMERCIAL,CENTRAL

Property type

Office properties

Property subtype

Office buildings

APN

03-4108-009-0395

APU

341080090395

Description

This exceptional 15,000-square-foot office building is located at 815 Ponce De Leon Boulevard in the prestigious Coral Gables, Florida, 33134. The property is zoned 5005 and features a single tenancy, ideal for a large firm or organization seeking a prominent location. The building consists of one suite encompassing the entire space. Currently, five individual office suites are available within the building, along with two additional smaller cubbies, suitable for administrative staff. The building owner occupies a portion of the second floor with their law firm. This presents a unique opportunity for a business to establish a presence in a thriving Coral Gables location. The property's APN is 03-41-08-009-0395. Its prime location on Ponce De Leon Boulevard offers excellent visibility and accessibility. The building's layout is well-suited for a variety of professional uses, providing ample space for both individual offices and collaborative work areas. Interested parties should inquire for a video tour showcasing the property's features and layout. This is a rare opportunity to acquire a substantial and well-situated office building in the heart of Coral Gables.

• CAP approach

  CAP return

  Valuation

  6%

  $12,411,999

  6.5%

  $11,457,229

  7%

  $10,638,856

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,503,996

  Geo Method

  $5,503,996

• Alternative Use

  Use

  Valuation

  Residential

  $14,206,965

  Hospitality

  $13,013,503

  Educational

  $10,827,082

  Medical

  $11,199,442

  Retail

  $16,842,128

Location Insight

City

Coral Gables

County

Miami-dade

State

Florida

Latitude

25.7639

Longitude

-80.2589

CBSA code

33100

CBSA name

MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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