Modern Office Building
1600 Ponce De Leon Blvd Coral Gables, FL 33134
For Sale
Contact for pricing
Office suite within a meticulously designed 876 SF building with modern amenities and a thoughtfully optimized layout.
Property Size876 SF
Price / SF$683.79
Days on Market531
Property Features for 1600 Ponce De Leon Blvd
General Information
Standard status
Active
Size
876 SF
Property subtype
OFFICE
Listing Agency:
The Keyes Company Commercial - Corporate
(305) 371-3592
Listed By:
Carlos Pena
Source:
Moodyscre
Added: Feb 13, 2025
Changed: Jul 26
Last Checked: Jul 29 at 12:28PM
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 The Keyes Company Commercial - Corporate
Investment Insights
Based on property information with market context.
This meticulously designed 876 SF office building suite is tailored for an office environment, with modern amenities and a thoughtful layout intended to optimize comfort and functionality.
Located at 1600 Ponce De Leon Blvd in Coral Gables, the property offers a strategic, prestigious business address in the heart of the area.
The space is presented as a versatile option for office use, with accommodations arranged to support day-to-day workplace needs.
Located at 1600 Ponce De Leon Blvd in Coral Gables, the property offers a strategic, prestigious business address in the heart of the area.
The space is presented as a versatile option for office use, with accommodations arranged to support day-to-day workplace needs.
Key Highlights
- Office suite in a meticulously designed 876 SF building
- Modern amenities tailored for an office environment
- Thoughtfully optimized layout for comfort and functionality
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $39.9k | $45.60 |
| − Vacancy | −$9.0k | −$10.26 |
| EGI | $31.0k | $35.34 |
| − OpEx | −$7.7k | −$8.84 |
| NOI | $23.2k | $26.51 |
876 SF · lease $45.60/SF/yr · vacancy 22.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$331.7K
$290.2K – $387.0K
NOI $23,218 @ 7.0% cap · market cap 3.88%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$444.4K
$388.9K – $518.5K
NOI $31,110 @ 7.0% cap · market cap 5.19%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office units - Office suite within a meticulously designed 876 SF building with modern amenities and a thoughtfully optimized layout.
Where is this office units located?
The property is located at 1600 Ponce De Leon Blvd Coral Gables, FL.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Office suite in a meticulously designed 876 SF building; Modern amenities tailored for an office environment; Thoughtfully optimized layout for comfort and functionality
