2020 Ponce De Leon BlvdCoral Gables, FL 33134

Property Details for 2020 Ponce De Leon Blvd

Year built

2009

Property size (Sq ft)

965 SF

Zone code

6400:COMMERCIAL,CENTRAL

Property type

Office properties

Property subtype

Office buildings

APN

03-4108-124-0330

APU

341081240330

Description

This exceptional office suite is located in a Class A, state-of-the-art office building in Coral Gables' vibrant business district. The single-tenant space offers a convenient and prestigious location surrounded by a variety of restaurants and cafes, ensuring easy access to amenities. While the exact square footage is not currently specified, the lease is structured as gross plus Florida sales tax. A significant advantage is the inclusion of one covered parking space, available at a monthly rate of $160.00. The building is zoned 6400, and the property's APN is 03-41-08-124-0440. This is an unparalleled opportunity to establish a presence in one of South Florida's most desirable business addresses. The building consists of only one suite, making this a unique and exclusive offering. The address is 2020 Ponce De Leon Blvd #1106. This property is ideal for businesses seeking a sophisticated and well-located office space in a thriving commercial environment. The convenient location and included parking make this an attractive option for professionals and companies alike. Further details regarding square footage are available upon request.

• CAP approach

  CAP return

  Valuation

  6%

  $833,165

  6.5%

  $769,075

  7%

  $714,141

• Comparable approach

  Method

  Valuation

  Relative Method

  $369,460

  Geo Method

  $369,460

• Alternative Use

  Use

  Valuation

  Residential

  $953,653

  Hospitality

  $873,541

  Educational

  $726,776

  Medical

  $751,771

  Retail

  $1,130,541

Location Insight

City

Coral Gables

County

Miami-dade

State

Florida

Latitude

25.754

Longitude

-80.2594

CBSA code

33100

CBSA name

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

Property Tax & Assessments

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