Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    3195 Ponce De Leon Rd Coral Gables, FL 33134
    Back to Search
    Property profile & analytics

    3195 Ponce De Leon Rd Coral Gables, FL 33134

    View on Map
    • Office Spaces
    • 17,800 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office Spaces

    Property Details for 3195 Ponce De Leon Rd

    Property size
    17,800 SF
    Property type
    Office Spaces
    Property subtype
    Medical Office Space

    Description

    This exceptional Class A medical office building presents a unique value-add investment opportunity in the prestigious Coral Gables, Florida market. Located at 3195 Ponce de Leon Boulevard, this five-story building offers 17,800 square feet of vacant space, providing a blank canvas for a complete renovation and customization. The property boasts 32 parking spaces, a significant advantage in this desirable area. Situated on an 11,615 square foot lot, the building is ideally positioned just two blocks from the new Gables Plaza, offering excellent visibility and accessibility. The asking price is $8,700,000, translating to $488.76 per square foot. This represents a compelling investment in a thriving market with high demand for quality medical office space. The vacant status allows for complete design flexibility, catering to a wide range of medical practices or office uses. The building's prime location in Coral Gables, within Miami-Dade County, and its substantial size make it an attractive proposition for discerning investors seeking a high-return opportunity in a sought-after area. The property is zoned for medical office use and offers significant potential for future appreciation. This is a rare chance to acquire a substantial, vacant Class A building in a prime location, ready for immediate redevelopment. The zip code is 33134.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Coral Gables
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.258
    Latitude
    25.7428

    Comparable in this City

    • Value Estimation by Request

      1805 Ponce De Leon Rd

      Medical Office Space
      1805 Ponce De Leon Rd, Coral Gables, FL 33134
      View Details
    • Value Estimation by Request
      10,000 SF

      280-284 Alhambra Cir

      Restaurants • 10,000 SF
      280-284 Alhambra Cir, Coral Gables, FL 33134
      View Details
    • Value Estimation by Request
      12,317 SF

      3306 Ponce De Leon Rd

      Individual retail properties • 12,317 SF
      3306 Ponce De Leon Rd, Coral Gables, FL 33134
      View Details
    • Value Estimation by Request
      14,630 SF

      3280 Ponce De Leon Rd

      Individual retail properties • 14,630 SF
      3280 Ponce De Leon Rd, Coral Gables, FL 33134
      View Details
    • Value Estimation by Request

      Clinica Medica

      Medical Office Space
      0 Clinica Medica, Coral Gables, FL 33134
      View Details
    • Value Estimation by Request
      1,749 SF

      1099 Le Jeune Rd

      MEDICAL BUILDING • 1,749 SF
      1099 Le Jeune Rd, Miami, FL 33134-2639
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Versatile Coral Gables Office Space

      Turnkey office space in high-demand Coral Gables location.
      4141 SW 6Th St, Miami, FL 33134
      View Details
    • $2,000,000

      Galloway Professional Office Condominium

      2,920 SF office condo ideal for legal or medical use.
      7765 SW 87Th Ave, Miami, FL 33134
      View Details
    • Contact for pricing
      10,647 SF

      Prime Coral Gables Office Building

      Exceptional office/medical building in Coral Gables with high visibility.
      951 S Le Jeune Rd, Miami, FL 33134
      View Details

    Similar Nearby for Lease

    • $11,916 /Mo
      11,770 SF

      Coral Gables Office Lease Opportunity

      Versatile space suited for medical, wellness, or general office use.
      4141 SW 6Th St, Miami, FL 33134
      View Details
    • $25 SF/Yr
      31,250 SF

      Coral Gables Office Space Available

      High-visibility commercial space ideal for office, medical, or wellness use.
      3735 SW 8Th St, Coral Gables, FL 33134
      View Details
    • $7,500 /Mo
      7,449 SF

      Medical Office on Corner Lot

      Medical office space for lease in the heart of Miami.
      5301 SW 8Th St, Miami, FL 33134
      View Details
    • $19,500 /Mo
      8,002 SF

      Renovated Corner Retail/Office Building

      Renovated 4,900 SF retail/office building on Calle Ocho.
      4725 SW 8Th St, Miami, FL 33134
      View Details
    • $7,000 /Mo
      2,875 SF

      Coral Gables Retail/Office Space

      Freestanding medical or attorney office space for lease.
      3113 Ponce De Leon Blvd, Coral Gables, FL 33134
      View Details
    • $2,000 /Mo
      47,149 SF

      Coral Gables Office Space Available

      1,000 SF office space for lease in Coral Gables.
      5200 SW 8Th St, Coral Gables, FL 33134
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3195 Ponce De Leon Rd
    Coral Gables, FL 33134
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    3195 Ponce De Leon Rd, Coral Gables, FL, 33134
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!