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Property profile & analytics
OFF-MARKET
Turn key restaurants

2626 Ponce De Leon Blvd Coral Gables, FL 33134-6054

5,456 SF 0.14 ac lot Built 1948
Entity Owned 13-yr Hold ~ Est. High Equity
Property ID
US18-2587295
Property summary
AI-generated overview

This exceptional investment opportunity presents a thriving restaurant and bar located at 2626 Ponce De Leon Blvd in the vibrant heart of Coral Gables, Florida. Built in 1948, this established business is ideally situated near the prestigious Loews Hotel and The Plaza, ensuring high foot traffic and visibility. The asking price is $160,000. The property is classified as retail and encompasses a cozy and inviting atmosphere, perfect for a continued successful operation or a fresh concept. The address is 2626 Ponce De Leon Blvd, Coral Gables, FL 33134, within Miami-Dade County. This prime location in Coral Gables offers unparalleled access to a sophisticated clientele and a thriving local community. The property's history and established presence provide a solid foundation for future growth and profitability. This is a rare chance to acquire a well-positioned business in one of South Florida's most desirable areas. The property's strategic location near high-end hotels and popular destinations guarantees a steady stream of potential customers. The existing infrastructure provides a turnkey operation, minimizing initial setup costs and allowing for a quick start. This presents a unique opportunity for an experienced restaurateur or a new entrepreneur looking to establish a presence in a high-demand market. The property's age adds to its character and charm, while its location ensures continued success. Don't miss this chance to own a piece of Coral Gables' vibrant culinary scene.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1948
Construction CONCRETE
Total area 5,456 SF
Lot 0.14 ac (6,240 SF)
Zoning code 6400:COMMERCIAL,CENTRAL
APN 03-4117-005-2520
UPID US18-2587295
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
New Sirolo LLC · 13 yrs held
New Sirolo LLC
since 2013
7 recorded transactions
2019
Price N/A
2017
Price N/A
2013
$5.0M
2011
$1.6M
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
6400:COMMERCIAL,CENTRAL · Coral Gables, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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