Column-Free Office Full
2020 Ponce De Leon Blvd Coral Gables, FL 33134
For Sale
$11,414,680
SINGLE_FAMILY - Coral Gables, FL
Property Size16,424 SF
Price / SF$695
Days on Market50
Property Features for 2020 Ponce De Leon Blvd
General Information
Property type
Residential
Property subtype
Office
Parking
64
Parking features
Covered
Security features
Security
Standard status
Active
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 10
Changed: Jun 30
Last Checked: Jul 29 at 9:06PM
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.
Investment Insights
Based on property information with market context.
This offering presents an entire 8th-floor office space designed for a full HQ configuration. The layout is fully built out and column-free, with open work areas supported by private offices, conference rooms, and a full kitchen. Interior character includes exposed ceilings and impact windows, and the space includes a private wrap-around terrace with sweeping views of Coral Gables and the Miami skyline.
The property is located at 2020 Ponce De Leon Blvd in Coral Gables. Building access is anchored by a grand lobby with 24/7 security. Parking is described as one of the higher ratios in Coral Gables, at 4/1,000 SF, and the remarks note proximity to Alhambra Circle and Miracle Mile, along with 50+ restaurants and shops.
For tenants, buyers, or operators seeking a turnkey, upscale office environment, the combination of private meeting space, dedicated office areas, and an outdoor terrace supports a range of leadership and team-based work needs. The column-free plan can also accommodate internal planning around the existing built-out areas, while the terrace provides an additional amenity for client meetings and staff use. This is positioned as a complete floor acquisition rather than a smaller suite.
The property is located at 2020 Ponce De Leon Blvd in Coral Gables. Building access is anchored by a grand lobby with 24/7 security. Parking is described as one of the higher ratios in Coral Gables, at 4/1,000 SF, and the remarks note proximity to Alhambra Circle and Miracle Mile, along with 50+ restaurants and shops.
For tenants, buyers, or operators seeking a turnkey, upscale office environment, the combination of private meeting space, dedicated office areas, and an outdoor terrace supports a range of leadership and team-based work needs. The column-free plan can also accommodate internal planning around the existing built-out areas, while the terrace provides an additional amenity for client meetings and staff use. This is positioned as a complete floor acquisition rather than a smaller suite.
Key Highlights
- Entire 8th floor office suite at 2020 Ponce, spanning 16,424 SF
- Fully built‑out, column‑free layout with private wrap‑around terrace
- Open work areas plus private offices, conference rooms, and a full kitchen
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 | $748.9k | $45.60 |
| − Vacancy | −$168.5k | −$10.26 |
| EGI | $580.4k | $35.34 |
| − OpEx | −$145.1k | −$8.84 |
| NOI | $435.3k | $26.51 |
16,424 SF · lease $45.60/SF/yr · vacancy 22.50% · expense 25.00%
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.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office units - Full-floor 8th-level office with wrap-around terrace, impact windows, and private work areas for an HQ setup.
Where is this office units 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 8th floor office suite at 2020 Ponce, spanning 16,424 SF; Fully built‑out, column‑free layout with private wrap‑around terrace; Open work areas plus private offices, conference rooms, and a full kitchen
