Penthouse Office Condo Corner
For Sale
Contact for pricing
1805 Ponce De Leon Blvd, Coral Gables, FL 33134
Penthouse corner office condo with abundant natural light in a well-maintained building.
Property Size2,508 SF
Price / SF$697.77
Days on Market395
Property Features for 1805 Ponce De Leon Blvd
General Information
Standard status
Active
Size
2,508 SF
Property subtype
OFFICE
Site & Location
Neighborhood
Downtown Coral Gables
Listing Agency:
Fausto Commercial Realty
(305) 961-1179
Listed By:
Joshua Jimenez · License #SL3547274
(305) 753-4200
Source:
Moodyscre
Added: Sep 29, 2025
Changed: Oct 25
Last Checked: Oct 26 at 7:23PM
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
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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
Estimated NOI and Cap Rate
NOI / Yr
$66,475
Cap Rate
3.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,329,500
$1.3M
Cap Rate 7%
$949,643
$949.6K
Cap Rate 9%
$738,611
$738.6K
Market Conditions
NOI Build-Up for 2,508 SF
Gross rent
$114.4K $45.60/SF
− Vacancy
−$25.7K −$10.26/SF
EGI
$88.6K $35.34/SF
− OpEx
−$22.2K −$8.84/SF
NOI
$66.5K $26.51/SF
Area
Miami-Dade County, FL
Vacancy
22.50%
Lease Rate
$45.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,329,500
Cap Rate 7%
$949,643
Cap Rate 9%
$738,611
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.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
8,418
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 Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Penthouse corner office condo with abundant natural light in a well-maintained building.
Where is this office unit 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
