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Penthouse Office Suite with Balcony
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2100 Ponce De Leon Boulevard Penthouse 1, Coral Gables, FL 33134

A five-office layout includes a private restroom, kitchenette, and balcony.

Property Size110,000 SF
Price / SF$0.08
Days on Market10

Property Features for 2100 Ponce De Leon Boulevard Penthouse 1

General Information

Standard status Active
Size 110,000 SF
Net Rentable 1,850 SF
Elevators Yes
Property subtype Office

Additional Details

Floor Penthouse

Amenities

fingerprint access control
private balcony
private restroom
modern kitchenette

Building Details

Year Built 1981
Listing Agency: AG Real Estate Advisors, LLC
Listed By: Maria E Bottas · License #3140898
Source: Lehmannflorida
Added: Oct 13 Changed: Oct 21 Last Checked: Oct 21 at 2:28AM

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 AG Real Estate Advisors, LLC

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Investment Insights

Based on property information with market context.

Penthouse-1 is an approximately 1,850-square-foot office suite with three window offices and two interior private offices. Its buildout includes a reception area, glass partitions, porcelain flooring, electric roller shades, and a kitchenette with running water and stainless-steel appliances. The suite also has a private restroom, a balcony, and a glass entrance with fingerprint access control. Window offices provide downtown views, and the suite is on the penthouse level of a building constructed in 1981.

The office is at 2100 Ponce De Leon Boulevard in Coral Gables. Availability is scheduled to begin February 1, 2027.

Key Highlights

  • Approximately 1,850 rentable square feet
  • Three window offices and two interior private offices
  • Private balcony and exclusive restroom

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$2,915,550
Suggested Prices Based on Cap Rates
Cap Rate 5%
$58,311,000 $58.3M
Cap Rate 7%
$41,650,714 $41.7M
Cap Rate 9%
$32,395,000 $32.4M
Market Conditions
NOI Build-Up for 110,000 SF
Gross rent
$5.02M $45.60/SF
− Vacancy
−$1.13M −$10.26/SF
EGI
$3.89M $35.34/SF
− OpEx
−$971.9K −$8.84/SF
NOI
$2.92M $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%
$58,311,000
Cap Rate 7%
$41,650,714
Cap Rate 9%
$32,395,000

Alternative Uses

Best Use
Office B
$41.65M
$36.44M – $48.59M (±1% cap)
NOI $2,915,550 @ 7.0% cap · market cap 32,608.77%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$55.81M
$48.83M – $65.11M (±1% cap)
NOI $3,906,535 @ 7.0% cap · market cap 43,692.37%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Office Units

Suggested Use

Top Pick Grocery & Convenience Store Electrical Service (Bike/Boat/Book/etc) Store Pet Store Pet Grooming Service Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

8,550
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office unit - A five-office layout includes a private restroom, kitchenette, and balcony.
Where is this office unit located?
The property is located at 2100 Ponce De Leon Boulevard Penthouse 1 Coral Gables, FL.
What are key features of this property?
This property features: Approximately 1,850 rentable square feet; Three window offices and two interior private offices; Private balcony and exclusive restroom
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