3903 Ponce De Leon Blvd Coral Gables, FL 33134
This exceptional Coral Gables investment opportunity presents two adjacent duplexes totaling four units, situated on a combined 25,525 square foot lot at 3903 Ponce De Leon Blvd, Coral Gables, FL 33134. Built in 1947, this two-story property offers a unique chance for developers or investors seeking high-return potential. The combined lots boast a substantial buildable area of 17,000 square feet, allowing for the construction of up to seven townhomes, each projected at 2,428 square feet of livable space with 22 feet of frontage. The property's strategic location provides both Ponce De Leon Boulevard frontage and access to Southwest 39th Avenue for convenient garage entrances. Its prime Coral Gables location places it within walking distance of the Shops at Merrick Park and the heart of downtown Coral Gables, ensuring high occupancy rates and strong rental demand. The asking price for this combined property is $1,950,000, presenting a compelling opportunity for those seeking a lucrative investment in a highly desirable area. This is a rare chance to acquire a significant parcel in a prime location with exceptional development potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.