Coral Gables Office For
1805 Ponce De Leon Blvd 310 Coral Gables, FL 33134
For Sale
$299,000
Pending
444 sq. ft. office in premier Coral Gables condominium.
Property Size444 SF
Days on Market97
Property Features for 1805 Ponce De Leon Blvd 310
General Information
Standard status
Pending
Size
444 SF
Property subtype
Commercial
Building Details
Year Built
2008
Listing Agency:
Compass Florida, LLC
(305) 904-0410
Listed By:
Maria Alejandra Alfonzo · License #3248358
(305) 904-0410
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Jul 25 at 10:54AM
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
Investment Insights
Based on property information with market context.
This 444 sq. ft. office space is located in a Coral Gables office condominium. The unit 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. The location has a walk score of 97, indicating it is a walker's paradise, a bike score of 58, indicating it is bikeable, and a transit score of 42, indicating some transit options are available. This property is suitable for professionals seeking a business address.
Key Highlights
- Prime Coral Gables location surrounded by top dining, shopping, and transportation.
- Deeded parking space on the same floor, providing direct access.
- Modern finishes and abundant natural light.
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 | $20.2k | $45.60 |
| − Vacancy | −$4.6k | −$10.26 |
| EGI | $15.7k | $35.34 |
| − OpEx | −$3.9k | −$8.84 |
| NOI | $11.8k | $26.51 |
444 SF · lease $45.60/SF/yr · vacancy 22.50% · expense 25.00%
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.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office units - 444 sq. ft. office in premier Coral Gables condominium.
Where is this office units 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 surrounded by top dining, shopping, and transportation.; Deeded parking space on the same floor, providing direct access.; **Modern finishes and abundant natural light.**
