1516-1526 Ponce De Leon Rd Coral Gables, FL 33134

This completely renovated street-level retail plaza features a mid-modern century art deco design. It is situated on the north side of Ponce de Leon Boulevard, between S.W. 8th Street and the Coral Gables Central Business District. The property includes eight retail bays with direct frontage on Ponce de Leon Boulevard and two retail bays on Mendoza Avenue. The interior ceiling height is 11 feet 9 inches clear. Building upgrades include a new roof, new HVAC systems, new ADA-compliant restrooms, impact-resistant windows and doors, new electrical panels, newly installed light fixtures and data drops, illuminated signage connections above the storefronts, a new fire alarm system connected to the Coral Gables fire department, and smoke detectors. A Coral Gables Trolley Stop is located directly in front on Ponce and Mendoza. The North Ponce corridor is characterized as a walkable neighborhood with approximately 1.3 million square feet of Class A and mixed-use office and retail buildings, multi-family and single-family residences, schools, churches and gathering places, numerous restaurants, cafes, boutiques, and business services. A Target urban concept store opened in 2020, along with a CVS Pharmacy and Starbucks, three blocks from Ponce Plaza. Convenient pay-by-phone parking is available in front of the center. The property size is 8956 square feet.