3195 Ponce De Leon Rd Coral Gables, FL 33134
- Office Properties & Spaces
- 17,800 SF
Current Use by Public Records
- Office Properties & Spaces
Property Details for 3195 Ponce De Leon Rd
- Property size
- 17,800 SF
- Property type
- Office Properties & Spaces
- Property subtype
- Medical offices
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 Estimation
-
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
