2626 Ponce De Leon Blvd Coral Gables, FL 33134-6054
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
6400:COMMERCIAL,CENTRAL · Coral Gables, FLCoral Gables. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.