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Freestanding Restaurant Building
For Sale
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2305 Ponce de Leon Blvd, Coral Gables, FL 33134

Freestanding restaurant building fully occupied by Piccola Pizzeria, with direct boulevard frontage and a long-term lease.

Property Size2,557 SF
Price / SF$1,153
Days on Market163

Property Features for 2305 Ponce de Leon Blvd

General Information

Standard status Active
Size 2,557 SF
Class A
Property subtype Retail
Occupancy 100%
Lease Type NNN
Investment Type Stabilized
Net Operating Income $118,983

Building Details

Year Built 1946
Year Renovated 2005
Tenancy Single
Listing Agency: Avenue West
Listed By: Michelle Real · License #CQ1068603
Source: Crexi
Added: Mar 30 Changed: Aug 31 Last Checked: Sep 8 at 8:38AM

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 Avenue West

Investment Insights

Based on property information with market context.

A freestanding restaurant building offered for sale with a fully leased tenant in place. The property is occupied by Piccola Pizzeria and totals 2,522 SF. The lease includes annual 3% rental increases and reimbursement of operating expenses. The tenant operates under a long-term lease with a renewal option.

The building provides direct frontage along Ponce de Leon Boulevard and is positioned in the heart of Coral Gables near Miracle Mile, Class A office buildings, and luxury residential development, supported by high-income demographics.

Separately from the real estate, the tenant business—Piccola Pizzeria—is also available for sale, creating an additional pathway for qualified owner-operators or restaurateurs.

Key Highlights

  • 2,522 SF freestanding retail/restaurant building built in 1946, 100% occupied by Piccola Pizzeria
  • Direct frontage on Ponce de Leon Blvd in Coral Gables
  • Long‑term lease with a renewal option provides income stability

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Grocery & Convenience Store Auto Parts Store Auto Repair Shop Electrical Service Storage Facility (Bike/Boat/Book/etc) Store

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

8,774
Businesses Nearby
Under-served
Demand for This Use

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

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Freestanding restaurant building fully occupied by Piccola Pizzeria, with direct boulevard frontage and a long-term lease.
Where is this conventional restaurant located?
The property is located at 2305 Ponce de Leon Blvd Coral Gables, FL.
What is the asking price?
The asking price for this property is $2,950,000.
What are key features of this property?
This property features: 2,522 SF freestanding retail/restaurant building built in 1946, 100% occupied by Piccola Pizzeria; Direct frontage on Ponce de Leon Blvd in Coral Gables; Long‑term lease with a renewal option provides income stability
(786) 294-2470 Call to check price and availability
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