1516- Ponce De Leon Rd Coral Gables, FL 33134
- Retail properties
- 8,956 SF
Current Use by Public Records
- Retail properties
Property Details for 1516- Ponce De Leon Rd
- Year built
- 1948
- Property size
- 8,956 SF
- Property type
- Retail properties
Description
This exceptional Class A retail property, Ponce Plaza, located at 1516-1526 Ponce de Leon Boulevard in Coral Gables, Florida (33134), offers 8,956 square feet of retail space in a prime location. Built in 1948 and extensively renovated in 2020, the single-story building boasts 8 retail bays with direct frontage on Ponce de Leon Boulevard and 2 additional bays on Mendoza Avenue. Currently, 1,281 square feet are vacant, offering immediate occupancy opportunities for discerning businesses. The property features an impressive 11'9" clear interior ceiling height. Recent upgrades include a new roof, HVAC systems, ADA-compliant restrooms, impact-resistant windows and doors, electrical panels, updated lighting, data drops, illuminated signage connections, a new fire alarm system linked to the Coral Gables fire department, and smoke detectors. The convenient location benefits from a Coral Gables Trolley stop directly in front on both Ponce de Leon Boulevard and Mendoza Avenue. The property is zoned MX-2 and sits within Miami-Dade County. This is a rare opportunity to secure high-quality retail space in the heart of Coral Gables.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Coral Gables
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.2591
- Latitude
- 25.7577
