Coral Gables Office For
For Sale
Contact for pricing
Pending
1805 Ponce De Leon Blvd # 310, Coral Gables, FL 33134
444 sq. ft. office in premier Coral Gables condominium.
Property Size444 SF
Days on Market229
Property Features for 1805 Ponce De Leon Blvd # 310
General Information
Standard status
Pending
Size
444 SF
Total Parking Spaces
1
Property subtype
Office, Multifamily
Zoning
6400
Site & Location
Neighborhood
Downtown Coral Gables
Building Details
Year Built
2008
Listing Agency:
Compass Florida, LLC
Listed By:
Maria Alfonzo · License #3248358
(305) 904-0410
Source:
Crexi
Added: Mar 11
Changed: Aug 8
Last Checked: Jul 24 at 7:15AM
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 Compass Florida, LLC
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Investment Insights
Based on property information with market context.
This property presents an opportunity to acquire a 444 sq. ft. office located in a Coral Gables office condominium. The space features modern finishes and natural light. A deeded parking space is located on the same floor, providing direct access. The property is situated near dining, shopping, and transportation options within Coral Gables' commercial district.
Key Highlights
- Prime Coral Gables location in a premier office condominium.
- Deeded parking space on the same floor for direct access.
- Modern finishes and abundant natural light.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,768
Cap Rate
3.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$235,360
$235.4K
Cap Rate 7%
$168,114
$168.1K
Cap Rate 9%
$130,756
$130.8K
Market Conditions
NOI Build-Up for 444 SF
Gross rent
$20.2K $45.60/SF
− Vacancy
−$4.6K −$10.26/SF
EGI
$15.7K $35.34/SF
− OpEx
−$3.9K −$8.84/SF
NOI
$11.8K $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%
$235,360
Cap Rate 7%
$168,114
Cap Rate 9%
$130,756
Alternative Uses
Best Use
Office B
$168.1K
$147.1K – $196.1K
NOI $11,768 @ 7.0% cap · market cap 3.94%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$225.3K
$197.1K – $262.8K
NOI $15,768 @ 7.0% cap · market cap 5.27%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
8,418
Businesses Nearby
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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
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - 444 sq. ft. office in premier Coral Gables condominium.
Where is this office unit located?
The property is located at 1805 Ponce De Leon Blvd # 310 Coral Gables, FL.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Prime Coral Gables location in a premier office condominium.; Deeded parking space on the same floor for direct access.; Modern finishes and abundant natural light.
