Remodeled Office
1110 Ponce De Leon Blvd, Coral Gables, FL 33134
For Sale
Contact for pricing
A professional workspace pairs enclosed offices with a shared work area, meeting room, and dedicated parking.
Property Size2,832 SF
Price / SF$4.24
Days on Market153
Property Features for 1110 Ponce De Leon Blvd
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Additional Details
Condition
Property Use
Amenities
private offices
open work area
conference room
break room
private restrooms
Building Details
Building Size
Year Built
Listing Agency:
Slice Realty, LLC.
Listed By:
Silvia Crespo · License FL #3423171
(305) 801-7107
Source:
Propertysmartre
Added: Jun 10
Changed: Nov 8
Last Checked: Nov 8 at 4:31PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Slice Realty, LLC.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
At 1110 Ponce De Leon Boulevard, this 2,832-square-foot office suite in Coral Gables was built in 1954 and has since been remodeled. Its layout includes three private offices, an open work area, a conference room, a break room, and two private restrooms. Six dedicated parking spaces are included, and the suite is available for immediate occupancy.
Dining, retail, and business destinations surround the property along Ponce De Leon Boulevard. The office configuration provides a mix of private rooms and shared work areas, with separate meeting and break spaces.
Dining, retail, and business destinations surround the property along Ponce De Leon Boulevard. The office configuration provides a mix of private rooms and shared work areas, with separate meeting and break spaces.
Key Highlights
- 2,832‑square‑foot office suite
- Three private offices, an open work area, and a conference room
- Break room and two private restrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$79,028
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,580,560
$1.6M
Cap Rate 7%
$1,128,971
$1.1M
Cap Rate 9%
$878,089
$878.1K
Market Conditions
NOI Build-Up for 2,832 SF
Gross rent
$125.7K $44.40/SF
− Vacancy
−$20.4K −$7.19/SF
EGI
$105.4K $37.21/SF
− OpEx
−$26.3K −$9.30/SF
NOI
$79.0K $27.91/SF
Area
Miami-Dade County, FL
Vacancy
16.20%
Lease Rate
$44.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,580,560
Cap Rate 7%
$1,128,971
Cap Rate 9%
$878,089
Alternative Uses
Best Use
Office B
$1.13M
$987.9K – $1.32M
NOI $79,028 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.55M
$1.35M – $1.80M
NOI $108,254 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
4,782
Businesses Nearby
Explore this area
Business Placement
Demographics for 33134, FL
38,739
Population
18,136
Households
2.1
Avg Household Size
46
Median Age
54%
College-Educated
91%
High-School Grad
5.2 sq mi
ZIP Area
7,450
Density / Sq Mi
$92,009
Median Household Income
$56,392
Median Earnings
$1,818
Median Rent
$660,200
Median Home Value
Market
Average Price Trend$/SF for Office Units in Coral Gables, FL
Properties on Market for Office Units in Coral Gables
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - A professional workspace pairs enclosed offices with a shared work area, meeting room, and dedicated parking.
Where is this office unit located?
The property is located at 1110 Ponce De Leon Blvd Coral Gables, FL.
What are key features of this property?
This property features: 2,832‑square‑foot office suite; Three private offices, an open work area, and a conference room; Break room and two private restrooms
