1607 Ponce De Leon Blvd 202 Coral Gables, FL 33134
Turnkey professional office suite with wall-to-wall windows, conference space, and gated covered parking.
Property Features for 1607 Ponce De Leon Blvd 202
General Information
- Standard status
- Active
- Size
- 1,369 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2008
Listing office RE/MAX United Realty (305) 606-1069
Listing date Jun 24, 2026
Source Elliman
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Investment Insights
Based on property information with market context.
The building is a boutique mixed-use property built in 2008 and configured with only nine commercial offices on the second floor. On-site security is supported by a 24-hour security system, and the suite includes two covered, gated parking spaces.
The layout and amenities make this suite well suited for a range of professional services, including accounting, title and real estate-related operations, legal use, support services, and other professional office functions. The second-floor location within a smaller group of offices can appeal to professional teams seeking a quieter, office-focused environment with concierge services and building oversight.
Key Highlights
- Turnkey office suite in The Ponce de Leon Condominium building built in 2008
- 1,369 SF office with wall‑to‑wall windows facing north and west for natural light
- Includes large conference room plus a room with refrigerator and kitchen cabinetry for eating/relaxing
Local 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 | $62.4k | $45.60 |
| − Vacancy | −$14.0k | −$10.26 |
| EGI | $48.4k | $35.34 |
| − OpEx | −$12.1k | −$8.84 |
| NOI | $36.3k | $26.51 |
