1200 Ponce De Leon BlvdCoral Gables, FL 33134

Property Details for 1200 Ponce De Leon Blvd

Year built

2018

Property size (Sq ft)

2,219 SF

Zone code

6400:COMMERCIAL,CENTRAL

Property type

Office buildings

APN

03-4108-132-0360

APU

341081320360

Description

This exceptional retail property, located at 1200 Ponce de Leon Blvd in Coral Gables, Florida, offers 8,765 square feet of vacant space on a single story building. The property is categorized as Commercial Retail with multiple tenancy options. The building boasts a total of 331 parking spaces, a significant advantage for customers and employees. While the entire 8,765 square feet is currently available, flexible lease terms are possible, with a minimum divisible space of 3,065 square feet and a maximum contiguous space of 5,700 square feet. This prime location in the heart of Coral Gables, within Miami-Dade County (zip code 33134), presents a unique opportunity for businesses seeking high visibility and accessibility. The building's address is 1200 Ponce de Leon Blvd. The asking rate is $28 per square foot, NNN. This presents a compelling opportunity to establish a presence in one of South Florida's most desirable retail markets. The property's sixteen stories provide ample space for various uses, and its strategic location ensures high foot traffic and visibility. Serious inquiries are encouraged to explore this exceptional retail space.

• CAP approach

  CAP return

  Valuation

  6%

  $1,915,848

  6.5%

  $1,768,475

  7%

  $1,642,155

• Comparable approach

  Method

  Valuation

  Relative Method

  $849,566

  Geo Method

  $849,566

• Alternative Use

  Use

  Valuation

  Residential

  $2,192,908

  Hospitality

  $2,008,692

  Educational

  $1,671,209

  Medical

  $1,728,684

  Retail

  $2,599,658

Location Insight

City

Coral Gables

County

Miami-dade

State

Florida

Latitude

25.7602

Longitude

-80.2594

CBSA code

33100

CBSA name

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

Property Tax & Assessments

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