5915 Ponce De Leon BlvdCoral Gables, FL 33146

  • Office properties
  • 63,556 SF
For Lease
$32/SF/YR View listing

Property Details for 5915 Ponce De Leon Blvd

Year built
1971
Construction
CONCRETE
Lot size
0.98 AC
Property size (Sq ft)
63,556 SF
Zone code
6400:COMMERCIAL,CENTRAL
Property type
Office properties
Property subtype
Office buildings
APN
03-4130-009-0250
APU
341300090250

Description

This exceptional 1,702-square-foot office space is ideally situated in the Plumer Building in Coral Gables, offering a single-tenant occupancy. Located on the first floor, this property boasts convenient access to the University of Miami, local shops, and the Monorail, making it an attractive location for businesses and professionals. The space is currently available for lease with flexible terms. A four-year lease is offered at a rate of $32 per square foot, while a five-year lease commands a slightly reduced rate of $31 per square foot. The unit features newly installed carpeting, not reflected in the current photos. The property is zoned 5003 and has an APN of 03-41-30-009-0250. This is a fantastic opportunity to secure a well-located, spacious office in a thriving Coral Gables neighborhood. The building consists of a single suite, providing a private and secure environment for your business. The address is 5915 Ponce De Leon Blvd #18. Contact for showing appointments.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $44,444,324
    6.5%
    $41,025,532
    7%
    $38,095,136
  • Comparable approach

    Method
    Valuation
    Relative Method
    $20,176,540
    Geo Method
    $20,176,540
  • Alternative Use

    Use
    Valuation
    Residential
    $50,871,656
    Hospitality
    $46,598,164
    Educational
    $38,769,124
    Medical
    $40,102,456
    Retail
    $60,307,528
5915 Ponce De Leon Blvd, Coral Gables, Florida

Location Insight

City
Coral Gables
County
Miami-dade
State
Florida
Latitude
25.7103
Longitude
-80.2841
CBSA code
33100
CBSA name
MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$224,579
$10,625,000
$1,375,000
$12,000,000
-
$10,625,000
$1,375,000
$12,000,000

FAQs

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