Penthouse Office Condo Corner
1805 Ponce De Leon Blvd Coral Gables, FL 33134
For Sale
Contact for pricing
Penthouse corner office condo with abundant natural light in a well-maintained building.
Property Size2,508 SF
Price / SF$697.77
Days on Market304
Property Features for 1805 Ponce De Leon Blvd
General Information
Standard status
Active
Size
2,508 SF
Property subtype
OFFICE
Listing Agency:
Fausto Commercial Realty
(305) 753-4200
Listed By:
Joshua Jimenez · License #SL3547274
Source:
Moodyscre
Added: Sep 29, 2025
Changed: Jul 26
Last Checked: Jul 29 at 3:18PM
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 Fausto Commercial Realty
Investment Insights
Based on property information with market context.
This penthouse office condo offers a corner layout on the top floor of a beautifully maintained building. The space is identified as approximately 2,508 square feet and is described as providing abundant natural light throughout. The unit’s configuration supports professional use and is presented as a fit for medical, legal, wellness, or other professional purposes.
The property is located on prestigious Ponce de Leon Blvd in Coral Gables, within the city’s prominent business district.
As an office penthouse corner unit within an established building, it presents a polished, self-contained option for businesses seeking an elevated work environment.
The property is located on prestigious Ponce de Leon Blvd in Coral Gables, within the city’s prominent business district.
As an office penthouse corner unit within an established building, it presents a polished, self-contained option for businesses seeking an elevated work environment.
Key Highlights
- 2,508 SF penthouse office condo in Coral Gables
- Corner unit on the office penthouse floor with abundant natural light
- Located on prestigious Ponce de Leon Blvd in Coral Gables
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 | $114.4k | $45.60 |
| − Vacancy | −$25.7k | −$10.26 |
| EGI | $88.6k | $35.34 |
| − OpEx | −$22.2k | −$8.84 |
| NOI | $66.5k | $26.51 |
2,508 SF · lease $45.60/SF/yr · vacancy 22.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$949.6K
$830.9K – $1.11M
NOI $66,475 @ 7.0% cap · market cap 3.80%
Second Best
Healthcare Medical
$472.1K
$413.1K – $550.8K
NOI $33,045 @ 7.0% cap · market cap 1.89%
Theoretical Best
Office A
$1.27M
$1.11M – $1.48M
NOI $89,069 @ 7.0% cap · market cap 5.09%
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 - Penthouse corner office condo with abundant natural light in a well-maintained building.
Where is this office units located?
The property is located at 1805 Ponce De Leon Blvd Coral Gables, FL.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: 2,508 SF penthouse office condo in Coral Gables; Corner unit on the office penthouse floor with abundant natural light; Located on prestigious Ponce de Leon Blvd in Coral Gables
