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    3621 Ponce De Leon Blvd Coral Gables, FL 33134

    Sponsored
    For Sale
    $4,295,000

    Prime Ponce De Leon Blvd Duplexes

    Property size:
    15,325 SF

    Description

    Added:
    Feb 13, 2025
    Days on Market:
    327
    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.

    Property Features for 3621 Ponce De Leon Blvd

    General Information

    Property type
    Multifamily properties
    Square Feet
    15,325 SF

    Building Details

    Year Built
    1953
    Stories
    1

    HighLights

    • $4,295,000 asking price.
    • Multifamily investment opportunity in Coral Gables, FL.
    • 15,325 square feet total building area.
    • Two adjacent duplexes on Ponce De Leon Blvd.
    • Built in 1953, one‑story construction.
    • Generating $11,800 monthly income.
    Property Profile Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Suggested Use

    Restaurant Realty agency Spa & Massage Dental Office Law Firm Hair Salon Nail Salon Building Supply Daycare Center Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Coral Gables
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.2583844
    Latitude
    25.7381252

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    FAQs

    What type of property is this?
    Multifamily property - Prime Ponce De Leon Blvd Duplexes
    Where is this multifamily property located?
    The property is located at 3621 Ponce De Leon Blvd Coral Gables, FL.
    What is the asking price?
    The asking price for this property is $4,295,000.
    What are key features of this property?
    This property features: $4,295,000 asking price.; Multifamily investment opportunity in Coral Gables, FL.; 15,325 square feet total building area.
    Request Owner's contact information
    3621 Ponce De Leon Blvd Coral Gables, FL 33134
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3621 Ponce De Leon Blvd Coral Gables, FL 33134
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