Corner Retail Building with Vacant
For Sale
Contact for pricing
1424-1430 Ponce De Leon Blvd, Coral Gables, FL 33134
Fully leased corner retail building paired with an adjacent vacant multifamily-zoned lot for flexible future use.
Property Size3,997 SF
Price / SF$888.17
Days on Market99
Property Features for 1424-1430 Ponce De Leon Blvd
General Information
Standard status
Active
Size
3,997 SF
Class
C
Property subtype
Multifamily, Office, Retail
Zoning
5005 Mixed-Use 3, Multifamily Medium Density
Occupancy
100%
Lease Type
Modified Gross
Investment Type
Stabilized
Net Operating Income
$180,000
Building Details
Year Built
1956
Year Renovated
2022
Buildings
1
Stories
1
Units
3
Tenancy
Multi
Listing Agency:
Manny Chamizo #1 Sotheby's Commercial Broker
Listed By:
Manny Chamizo · License #0479698
(786) 486-6655
Source:
Crexi
Added: Jun 2
Changed: Aug 24
Last Checked: Sep 7 at 12:39PM
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 Manny Chamizo #1 Sotheby's Commercial Broker
Investment Insights
Based on property information with market context.
1424-1430 Ponce de Leon Boulevard presents a fully leased corner commercial building with 100% occupancy by two tenants: Limitless Dance Collective and Kick LLC. The building totals 3,997 SF and is generating over $180,000 in gross annual income, with leases running through early 2029. The offering also includes an adjacent vacant lot at 211 Menores Avenue totaling 5,500 SF.
The assemblage sits at the northwest corner of Ponce de Leon Boulevard and Menores Avenue in Coral Gables. The property is located on North Ponce de Leon Boulevard within the North Ponce Mixed-Use Overlay District, along a corridor connecting Miracle Mile, Downtown Coral Gables, Coconut Grove, and Brickell.
For tenants, this structure provides a stabilized, income-producing retail building with existing occupancy and lease terms extending to early 2029. For buyers and operators, the adjacent vacant parcel provides an additional option in the same corner configuration: the lot is zoned multifamily and can be used for parking today or held for future development plans consistent with multifamily zoning.
The assemblage sits at the northwest corner of Ponce de Leon Boulevard and Menores Avenue in Coral Gables. The property is located on North Ponce de Leon Boulevard within the North Ponce Mixed-Use Overlay District, along a corridor connecting Miracle Mile, Downtown Coral Gables, Coconut Grove, and Brickell.
For tenants, this structure provides a stabilized, income-producing retail building with existing occupancy and lease terms extending to early 2029. For buyers and operators, the adjacent vacant parcel provides an additional option in the same corner configuration: the lot is zoned multifamily and can be used for parking today or held for future development plans consistent with multifamily zoning.
Key Highlights
- 3,997 SF corner commercial building at 1424‑1430 Ponce de Leon Blvd is 100% occupied by Limitless Dance Collective and Kick LLC
- Over $180,000 gross annual income from two tenants with leases running through early 2029
- Adjacent 211 Menores Avenue includes a 5,500 SF vacant lot positioned next to the building
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
6,880
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
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Fully leased corner retail building paired with an adjacent vacant multifamily-zoned lot for flexible future use.
Where is this retail space located?
The property is located at 1424-1430 Ponce De Leon Blvd Coral Gables, FL.
What is the asking price?
The asking price for this property is $3,550,000.
What are key features of this property?
This property features: 3,997 SF corner commercial building at 1424‑1430 Ponce de Leon Blvd is 100% occupied by Limitless Dance Collective and Kick LLC; Over $180,000 gross annual income from two tenants with leases running through early 2029; Adjacent 211 Menores Avenue includes a 5,500 SF vacant lot positioned next to the building
