Full-Floor Office
For Sale
$11,414,680
2020 Ponce De Leon Blvd, Coral Gables, FL 33134
Commercial Sale, Coral Gables, FL
Property Size16,424 SF
Price / SF$695
Days on Market121
Property Features for 2020 Ponce De Leon Blvd
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning description
Commercial Office
Parking
64
Parking features
Covered
Security features
Security
Subdivision
41
Standard status
Active
Amenities
private wrap-around terrace
grand lobby
24/7 security
top-tier finishes
Building Details
Year built
2009
Floors in Building
1
Listing Agency:
Compass Florida, LLC
(305) 851-2820
Listed By:
Liz Hogan · License #3045004
(305) 804-9700
Added: Jun 30
Changed: Oct 2
Last Checked: Oct 28 at 4:06PM
MLS# A11808496
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
The entire eighth floor at 2020 Ponce De Leon Blvd provides 16,424 SF of built-out office space in a 2009 building. The column-free plan includes open work areas, enclosed offices, conference rooms, and a full kitchen, with exposed ceilings, impact windows, and finishes described as Class-A. A private wrap-around terrace extends the workplace beyond the interior and provides views toward Coral Gables and the Miami skyline.
Building features include a grand lobby, 24/7 security, covered parking, and a 4/1,000 SF parking ratio. The property is positioned in Coral Gables within walking distance of Alhambra Circle, Miracle Mile, and more than 50 restaurants and shops.
Building features include a grand lobby, 24/7 security, covered parking, and a 4/1,000 SF parking ratio. The property is positioned in Coral Gables within walking distance of Alhambra Circle, Miracle Mile, and more than 50 restaurants and shops.
Key Highlights
- Entire eighth floor with 16,424 SF of office space
- Column‑free layout with open work areas, private offices, and conference rooms
- Private wrap‑around terrace with Coral Gables and Miami skyline views
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$435,318
Cap Rate
3.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,706,360
$8.7M
Cap Rate 7%
$6,218,829
$6.2M
Cap Rate 9%
$4,836,867
$4.8M
Market Conditions
NOI Build-Up for 16,424 SF
Gross rent
$748.9K $45.60/SF
− Vacancy
−$168.5K −$10.26/SF
EGI
$580.4K $35.34/SF
− OpEx
−$145.1K −$8.84/SF
NOI
$435.3K $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%
$8,706,360
Cap Rate 7%
$6,218,829
Cap Rate 9%
$4,836,867
Alternative Uses
Best Use
Office B
$6.22M
$5.44M – $7.26M
NOI $435,318 @ 7.0% cap · market cap 3.81%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$8.33M
$7.29M – $9.72M
NOI $583,281 @ 7.0% cap · market cap 5.11%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
1
Office units
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 - Built-out eighth-floor headquarters space with a flexible column-free plan, private terrace, and covered parking.
Where is this office unit located?
The property is located at 2020 Ponce De Leon Blvd Coral Gables, FL.
What is the asking price?
The asking price for this property is $11,414,680.
What are key features of this property?
This property features: Entire eighth floor with 16,424 SF of office space; Column‑free layout with open work areas, private offices, and conference rooms; Private wrap‑around terrace with Coral Gables and Miami skyline views
