Office Suite with Private
New
For Sale
Contact for pricing
2020 NE Ponce De Leon Blvd # 1105A, Coral Gables, FL 33134
An executive-ready layout combines enclosed offices, collaborative work areas, a conference room, and a dedicated kitchen.
Property Size130,200 SF
Price / SF$0.04
Days on Market6
Property Features for 2020 NE Ponce De Leon Blvd # 1105A
General Information
Standard status
Active
Size
130,200 SF
Class
Class A
Property subtype
Office
Site & Location
Neighborhood
Downtown Coral Gables
Additional Details
Property Use
Office
Amenities
24/7 security
Building Details
Building Size
130,200 SF
Year Built
2009
Listing Agency:
Florida Realty of Miami Corp
Listed By:
Maria Teresa Gonzalez · License #3241086
(305) 479-1054
Source:
Allyandaj
Added: Oct 19
Changed: Oct 23
Last Checked: Oct 23 at 5:14PM
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 Florida Realty of Miami Corp
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Investment Insights
Based on property information with market context.
This 1,302-square-foot office suite, built in 2009, is arranged with a reception area, two open work areas, three private offices, a conference room, and a kitchen. Interior features include glass partitions, tall ceilings, blinds, impact-resistant windows, and generous natural light. The building provides a lobby and 24/7 security.
The property is at 2020 NE Ponce De Leon Blvd # 1105A in Coral Gables. Alhambra Circle and Miracle Mile are nearby, with Coconut Grove, Brickell Avenue, Downtown Miami, Miami International Airport, Lincoln Road, and South Beach also identified in the surrounding area.
The property is at 2020 NE Ponce De Leon Blvd # 1105A in Coral Gables. Alhambra Circle and Miracle Mile are nearby, with Coconut Grove, Brickell Avenue, Downtown Miami, Miami International Airport, Lincoln Road, and South Beach also identified in the surrounding area.
Key Highlights
- 1,302‑square‑foot office suite
- Three private offices, two open work areas, reception, conference room, and kitchen
- Impact‑resistant windows and glass partitions
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$3,450,951
Suggested Prices Based on Cap Rates
Cap Rate 5%
$69,019,020
$69.0M
Cap Rate 7%
$49,299,300
$49.3M
Cap Rate 9%
$38,343,900
$38.3M
Market Conditions
NOI Build-Up for 130,200 SF
Gross rent
$5.94M $45.60/SF
− Vacancy
−$1.34M −$10.26/SF
EGI
$4.60M $35.34/SF
− OpEx
−$1.15M −$8.84/SF
NOI
$3.45M $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%
$69,019,020
Cap Rate 7%
$49,299,300
Cap Rate 9%
$38,343,900
Alternative Uses
Best Use
Office B
$49.30M
$43.14M – $57.52M
NOI $3,450,951 @ 7.0% cap · market cap 63,366.71%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$66.06M
$57.80M – $77.07M
NOI $4,623,917 @ 7.0% cap · market cap 84,904.83%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
8,550
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - An executive-ready layout combines enclosed offices, collaborative work areas, a conference room, and a dedicated kitchen.
Where is this office unit located?
The property is located at 2020 NE Ponce De Leon Blvd # 1105A Coral Gables, FL.
What are key features of this property?
This property features: 1,302‑square‑foot office suite; Three private offices, two open work areas, reception, conference room, and kitchen; Impact‑resistant windows and glass partitions
