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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2625 Ponce De Leon Blvd, Unit 285 Coral Gables, FL 33134

    • Office buildings
    • 11,362 SF
    • 0.16 lot acres
    For Sale
    View listing
    $2,700
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-3276260
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Office buildings

    Property Details for 2625 Ponce De Leon Blvd

    Year built
    1962
    Construction
    CONCRETE
    Lot size
    0.16 lot acres
    Property size
    11,362 SF
    Zone code
    6400:COMMERCIAL,CENTRAL
    Property type
    Office buildings
    APN
    03-4117-005-2900
    APU
    341170052900

    Description

    This exceptional 1,200 square foot office space is situated on the second floor of a meticulously maintained boutique building in the vibrant heart of Coral Gables, Florida, near Miracle Mile. The property, located at 2625 Ponce De Leon Blvd #280 (APN: 03-41-17-005-2900), offers a highly desirable single-tenant occupancy within a building containing only one suite. The well-designed layout features three separate rooms, perfect for individual offices or team workspaces, complemented by a dedicated conference room ideal for client meetings or internal collaborations. Abundant natural light floods the space, creating a bright and productive atmosphere. The building provides convenient access via both stairs and elevator. Large windows offer stunning views of the picturesque Coral Gables landscape. Parking is available for tenants. This is a rare opportunity to secure a prestigious office space in one of South Florida's most sought-after locations. The property is classified as an office space and is a single-tenant occupancy within a building with a total of one suite. The total building square footage is 11,091 square feet, with this specific unit comprising 1,200 square feet. The property is located in Coral Gables, Florida, zip code 33134.

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $3,895,000
      Current use
      NEIGHBORHOOD: SHOPPING CENTER
      $3,260,000
      Change: -16% Conversion: Difficult
      WAREHOUSE, STORAGE
      $3,125,000
      Change: -20% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Coral Gables
    County
    Miami-dade
    State
    Florida
    Longitude
    -80.2582
    Latitude
    25.7473
    CBSA code
    33100
    CBSA name
    MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $65,221
    $3,277,500
    $766,761
    $4,044,261
    -
    $3,277,500
    $766,761
    $4,044,261

    Comparable in this City

    • Value Estimation
      $1,030,000
      4,901 SF

      304 Palermo Ave

      OFFICE BUILDING (MULTI-STORY) • 4,901 SF
      304 Palermo Ave, Coral Gables, FL 33134-6608
      View Details
    • Value Estimation
      $2,885,000
      13,144 SF

      1001 Ponce De Leon Blvd

      OFFICE BUILDING (MULTI-STORY) • 13,144 SF
      1001 Ponce De Leon Blvd, Coral Gables, FL 33134-3319
      View Details
    • Value Estimation
      $1,080,000
      2,973 SF

      2020 Ponce De Leon Blvd Ste 102a

      OFFICE BUILDING (MULTI-STORY) • 2,973 SF
      2020 Ponce De Leon Blvd Ste 102a, Coral Gables, FL 33134-4475
      View Details
    • Value Estimation
      $3,120,000
      11,694 SF

      1750 Ponce De Leon Blvd

      PROFESSIONAL BUILDING • 11,694 SF
      1750 Ponce De Leon Blvd, Coral Gables, FL 33134-4417
      View Details
    • Value Estimation
      $995,000
      4,800 SF

      154 Giralda Ave

      OFFICE BUILDING (MULTI-STORY) • 4,800 SF
      154 Giralda Ave, Coral Gables, FL 33134-5209
      View Details
    • Value Estimation
      $21,865,000
      124,168 SF

      2855 Le Jeune Rd

      OFFICE BUILDING (MULTI-STORY) • 124,168 SF
      2855 Le Jeune Rd, Coral Gables, FL 33134-6612
      View Details

    Similar Nearby for Sale

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      Landmark Coral Gables Office Building

      Corner office building in the heart of Coral Gables.
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      Coral Gables Free-Standing Office Building

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    Similar Nearby for Lease

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      Class A Office Space Available

      Landmark Coral Gables office building with high-end finishes.
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      Modern Office Building in Coral Gables

      Class A office space with modern design and rooftop terrace.
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      Boutique Office Building in Coral Gables

      Move-in ready, renovated Class A office in central Coral Gables.
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    • $26 SF/Yr

      Six-Story Office Building For Rent

      Six-story office building in the Gables business district.
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      7,957 SF

      Freestanding Office Building in Gables

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      View Details
    • Contact for pricing
      3,278 SF

      Class A Office Space Available

      Modern Coral Gables office building with renovated spaces for rent.
      999 Ponce De Leon Blvd, Coral Gables, FL 33134
      View Details
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    Coral Gables, FL 33134
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    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
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